Disclaimer Flashcards
1
Q
Disclaimer
A
Heir can disclaim interest in property IN WHOLE or IN PART
must be in writing, and filed in Court after decedent’s death (Usually 9 months)
2
Q
Restrictions on Disclaimer
A
Can’t disclaim after effective acceptance.
Cannot direct successor to disclaimed property.
3
Q
Effects of Valid Disclaimer
A
Person disclaiming will be treated as though they predeceased testator.
