Save Your Estate

Why should the government or anyone else direct what happens with your estate assets? Why should a court, a stranger, or someone other than your choice make the medical and financial decisions for you if you become sick and incapacitated? Why should anyone other than your spouse, life partner, or the one you choose make the decisions about your illness, hospital visits, your funeral and what happens to your estate?

Sunday, December 03, 2006

Disclaimer of Inheritance

Disclaimer of Inheritance
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Question:
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Category: Probate, Trusts, Wills & Estates
Location: SD
Subject: Inheritance

Is it possible for a person to decline an inheritance if they are named in a will?

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Reply:
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Category: Probate, Trusts, Wills & Estates
Location: SD
Subject: Re: Inheritance

An inheritance may be "disclaimed"within 9 months of the date of death. The disclaimer has to be in writing and directed to the executor. If the disclaimer is made after 9 months, it will be considered a gift to the ultimate beneficiary.

For more estate issues, please check my web site www.saveyourestate.com

I hope this helps!

Ron Cappuccio
 

posted by Unknown | 11:42 AM