Receipts and Releases: A Word to the Wise - McDermott Will & Emery

Receipts and Releases: A Word to the Wise

Overview


Lisa Linsky successfully acted as lead attorney (working with Carlyn McCaffrey) for the July 2017 decision by a New York Surrogate in Matter of Salz, as discussed in this article. In Salz, the Surrogate’s Court concluded that the terms of a Receipt, Release and Indemnification Agreement executed by the petitioner barred her claims against the estate of a late, prominent New York art dealer and collector. The case is significant for fiduciaries in estate proceedings.