§ 275 Beneficiary Disclaimer Of Interest

This law lets someone who would get something from a will or trust say they don't want it, by filing a disclaimer.

Key Takeaways

•A beneficiary can refuse all or part of what they would inherit.
•The refusal must be done by filing a disclaimer according to the rules in this part.
•Once disclaimed, the interest is treated as if the beneficiary never had it, so it passes to the next person.

Example

Jane is named to inherit her aunt's house, but she lives far away and doesn't want the responsibility. She files a disclaimer, so the house passes to the next person named in the will.

By filing the disclaimer, Jane refuses the house, and the law treats it as if she never had a right to it, letting the next beneficiary get it instead.

This law lets someone who would get something from a will or trust say they don't want it, by filing a disclaimer.

Key Takeaways

•A beneficiary can refuse all or part of what they would inherit.
•The refusal must be done by filing a disclaimer according to the rules in this part.
•Once disclaimed, the interest is treated as if the beneficiary never had it, so it passes to the next person.

Example

Jane is named to inherit her aunt's house, but she lives far away and doesn't want the responsibility. She files a disclaimer, so the house passes to the next person named in the will.

By filing the disclaimer, Jane refuses the house, and the law treats it as if she never had a right to it, letting the next beneficiary get it instead.

Key Takeaways

Example

Key Terms

References

§ 275 Beneficiary Disclaimer Of Interest

Key Takeaways

Example

Key Terms

References

Key Takeaways

Example

Key Terms

Related Statutes

References

Key Takeaways

Example

Key Terms

Related Statutes

References