§ 288 Property Interest Disclaimer Rules

This law says you can still give away, sell, or let go of property however other laws allow, but if you want to turn down something you would get after Dec 31 1983, you must do it exactly the way this law tells you.

Key Takeaways

•You can still assign, convey, or release property under other laws.
•If an interest would go to you after Dec 31 1983, you can only decline it the way this law says.
•The ways to decline include refusing, renouncing, or disclaiming, but only as provided in this part.

Example

Jane is set to inherit her aunt's house, but she doesn't want it. She can refuse the house, but she has to follow the steps this law requires.

Jane can decline the house, but only by using the procedure that this part of the law says, because the inheritance would be taken after Dec 31 1983.

This part does not limit or abridge any right a person may have under any other law to assign, convey, or release any property or interest, but after December 31, 1983, an interest that would otherwise be taken by a beneficiary may be declined, refused, renounced, or disclaimed only as provided in this part. (Enacted by Stats. 1990, Ch. 79.)

Key Takeaways

•You can still assign, convey, or release property under other laws.
•If an interest would go to you after Dec 31 1983, you can only decline it the way this law says.
•The ways to decline include refusing, renouncing, or disclaiming, but only as provided in this part.

Example

Jane is set to inherit her aunt's house, but she doesn't want it. She can refuse the house, but she has to follow the steps this law requires.

Jane can decline the house, but only by using the procedure that this part of the law says, because the inheritance would be taken after Dec 31 1983.

Key Takeaways

Example

Key Terms

References

§ 288 Property Interest Disclaimer Rules

Key Takeaways

Example

Key Terms

References

Key Takeaways

Example

Key Terms

Related Statutes

References

Key Takeaways

Example

Key Terms

Related Statutes

References