The AOC E 521 form is a legal document used in North Carolina's Superior Court Division to acknowledge the receipt of distributions from an estate or trust. Beneficiaries sign this form to confirm they have received specific assets or funds, detailing the description and value of the distribution. This form plays a crucial role in ensuring transparency and accountability in the management of estates and trusts.
The AOC E 521 form plays a crucial role in the administration of estates and trusts in North Carolina. Designed for use in the Superior Court Division, this form facilitates the acknowledgment of distributions received by beneficiaries from a personal representative or trustee. It requires the beneficiary to confirm receipt of specific assets, detailing the description and value of each item distributed. The form also includes spaces for the names and signatures of both the beneficiary and a witness, ensuring that the transaction is documented properly. This acknowledgment serves as a partial or final receipt, depending on the context, providing clarity and legal protection for all parties involved. By utilizing the AOC E 521, beneficiaries can affirm their understanding of the distribution process, while personal representatives and trustees can maintain accurate records of estate or trust disbursements.
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STATE OF NORTH CAROLINA
County
File No.
In The General Court Of Justice
Superior Court Division
Before the Clerk
IN THE MATTER OF THE ESTATE OF:
Name Of Decedent/Trust
Name Of Personal Representative/Trustee
RECEIPT
PARTIAL FINAL
ACKNOWLEDGMENT
I, the undersigned beneficiary, agree that I did receive from the Personal Representative/Trustee of the estate/trust a distribution consisting of the following:
DESCRIPTION
VALUE
$
Date
Name Of Beneficiary (Type Or Print)
Signature
Name Of Witness (Type Or Print)
AOC-E-521, New 2/01
2001 Administrative Office of the Courts
When using the AOC E 521 form, keep these key points in mind: