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700-00153 Guidance: Receipt (Vermont)

The 700-00153 Receipt form is used in Vermont's Probate Division to acknowledge the receipt of property or cash distributed by a fiduciary. It confirms that a beneficiary has received their inheritance, or when closing an adult guardianship. Jump to guide on filling it out.

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The information provided on this website/page is for general informational purposes only. It should not be construed as legal advice, nor does it create an attorney-client relationship between the author and any readers or users of this content.

Reviewed By

Jenna Zebrowski, JD, MBA
Attorney
Jenna Zebrowski is a JD/MBA graduate from Texas Tech University School of Law. After working in Mexico City for 3 years, she returned to the US and spent over a decade working in-house for large and small companies, including franchises, in a real estate leasing capacity, as well as in the mortgage and title industries. In private practice since 2019, Jenna is passionate about advocacy and protection for her clients’ rights, working collaboratively towards problem prevention, and solution, when necessary.

Tips for filling out form 700-00153

When completing form 700-00153, pay special attention to these less obvious sections:

Item 1a

Identify Fiduciary

Ensure you accurately enter the full name of the fiduciary from whom you received the property or cash. This is important for maintaining clear records and ensuring that the right person is acknowledged for distributing the assets.
Item 1b

Select Satisfaction Level

Carefully choose between full or partial satisfaction of your interest in the estate. This decision will have legal implications on your claim to any remaining estate assets. If unsure, consult with an attorney or the fiduciary for clarification on your share and the impact of your choice.
Item 1c

Guardianship Satisfaction

Only select the option for full satisfaction of assets held during guardianship if this is relevant to your case. This usually applies if you were under guardianship and assets were being managed on your behalf. If you are uncertain, consult the fiduciary or legal counsel before selecting.

What to do after filing form 700-00153

1
Confirm that the Receipt form has been correctly filed with the Probate Division of the Superior Court.
2
Keep a copy of the filed Receipt form for your personal records and future reference.
3
Await confirmation from the court or the fiduciary that the distribution is complete and accepted.
4
If you are the beneficiary, monitor communications from the fiduciary for any updates regarding your interest in the estate.
5
In case of any discrepancies or issues with the receipt or distribution, contact the fiduciary or legal counsel for clarification or resolution.
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