US Legal Forms
Localized forms in Spanish
Pennsylvania
Allentown
Pennsylvania Renuncia y renuncia de bienes recibidos por sucesión...

Allentown Pennsylvania Renuncia y renuncia de bienes recibidos por sucesión intestada - Pennsylvania Renunciation And Disclaimer of Property Received by Intestate Succession

Category:

Bienes Raíces - Renuncias de Interés de Propiedad - Alaska

State:

Pennsylvania

City:

Allentown

Control #:

PA-01-03

Format:

Instant download

Description

This form is a Renunciation and Disclaimer of Property acquired by Intestate Succession where the decedent died intestate and the beneficiary gained an interest in the described property, but, the beneficiary has decided to renounce a portion of or his/her entire interest in the property pursuant to the Pennsylvania Statutes, Title 20, Chapter 62. The beneficiary also attests that the disclaimer will be filed no later than nine months after the death of the decedent in order to secure the validity of the disclaimer. The form also contains a state specific acknowledgment and a certificate to verify the delivery of the document.
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.

Pittsburgh Notice of Claim of Adverse Interest by Possessor

View this form

Pittsburgh Deed of Gift of Real Property

View this form

Pittsburgh Assignment of Portion of Interest in an Estate

View this form

Pittsburgh Lack of Probate Affidavit- Separate Property

View this form

Pittsburgh Renunciation and Disclaimer of Right to Inheritance or to Inherit Property from Deceased - Specific Property

View this form

Request for Payment of Unearned Discounts

View this form

Application to Proceed in District Court W...

View this form

Acuerdo para Arbitrar Contratos

View this form

Agreed Order Granting Additional Time to P...

View this form

Opción de compra de bienes inmuebles con e...

View this form

Solicitud de Empleo o Trabajo - General

View this form

Formulario de propuesta de oferta para la ...

View this form

Declaración de verdad

View this form

Board Member Agreement

View this form

Ejemplo de carta de aceptación de renuncia...

View this form

How to fill out Pennsylvania Renuncia Y Renuncia De Bienes Recibidos Por Sucesión Intestada?

Irrespective of personal or professional standing, completing legal documents is a regrettable necessity in contemporary society.

Often, it's nearly impossible for an individual lacking legal training to generate such documentation from scratch, primarily due to the intricate terminology and legal subtleties they encompass.

This is where US Legal Forms can come to the rescue.

Verify that the document you have located is tailored to your area, as the regulations of one state or county are not applicable to another.

Examine the form and read a brief synopsis (if available) of situations the document can be utilized for.

Our service provides a vast collection of over 85,000 ready-to-use state-specific templates that cater to nearly any legal situation.
US Legal Forms also functions as a superb resource for associates or legal advisors who wish to conserve time by using our DIY documents.
Whether you require the Allentown Pennsylvania Renunciation And Disclaimer of Property Received by Intestate Succession or any other documentation applicable in your state or region, with US Legal Forms, everything is readily accessible.
Here's the process to obtain the Allentown Pennsylvania Renunciation And Disclaimer of Property Received by Intestate Succession efficiently through our dependable service.
If you are already a registered member, you can proceed to Log In to your account to access the correct form.
However, if you are unfamiliar with our platform, ensure to adhere to these guidelines before downloading the Allentown Pennsylvania Renunciation And Disclaimer of Property Received by Intestate Succession.

Form popularity

Interesting Questions

Trusted and secure by over 3 million people of the world’s leading companies

Renuncia y renuncia de bienes recibidos por sucesión intestada

Disclaimer of Property Interest-Pennsylvania

Pennsylvania Statutes

TITLE 20 DECEDENTS, ESTATES AND FIDUCIARIES

CHAPTER 62 DISCLAIMERS

Right to disclaim

A person to whom an interest in property would have devolved by whatever means, including a beneficiary under a will, an appointee under the exercise of a power of appointment, a person entitled to take by intestacy, a joint tenant with right of survivorship, a donee of an inter vivos transfer, a donee under a third-party beneficiary contract (including beneficiaries of life insurance and annuity policies and pension, profit-sharing and other employee benefit plans), and a person entitled to a disclaimed interest, may disclaim it in whole or in part by a written disclaimer which shall:

(1) describe the interest disclaimed;

(2) declare the disclaimer and extent thereof; and

(3) be signed by the disclaimant.

The right to disclaim shall exist notwithstanding any limitation on the interest in the nature of a spendthrift provision or similar restriction.

Title 20, Chap. 62, Â§6201.

Disclaimers by fiduciaries or agents

A disclaimer on behalf of a decedent, a minor or an incapacitated person may be made by his personal representative, the guardian of his estate or in the case of an incapacitated person who executed a power of attorney which confers the authority to disclaim upon his agent and which qualifies as a durable power of attorney under section 5604 (relating to durable powers of attorney) by such agent, if, in each case, the court having jurisdiction of the estate authorizes the disclaimer after finding that it is advisable and will not materially prejudice the rights of creditors, heirs or beneficiaries of the decedent, the minor or his creditors, or the incapacitated person or his creditors, as the case may be. A personal representative may make a disclaimer on behalf of his decedent without court authorization if the will of the decedent so authorizes him.

Title 20, Chap. 62, Â§6202.

Interests subject to disclaimer

A disclaimer in whole or in part may be made of any present or future interest, vested or contingent, including a possible future right to take as an appointee under an unexercised power of appointment or under a discretionary power to distribute income or principal.

Title 20, Chap. 62, Â§6203.

Filing, delivery and recording

(a) Will or intestacy. - If the interest would have devolved to the disclaimant by will or by intestacy, the disclaimer shall be filed with the clerk of the orphans' court division of the county where the decedent died domiciled or, if the decedent was not domiciled in this Commonwealth, of the county where the property involved is located, and a copy of the disclaimer shall be delivered to any personal representative, trustee or other fiduciary in possession of the property.

(b) Inter vivos transfers. - If the interest would have devolved to the disclaimant by an inter vivos instrument, the disclaimer or a copy thereof shall be delivered to the trustee or other person having legal title to or possession of the property or interest disclaimed or who is entitled thereto by reason of the disclaimer.

(b.1) Third-party disclaimer. - If the interest would have devolved to the disclaimant by a third-party beneficiary contract (including life insurance and annuity policies and pension, profit-sharing and other employee benefit plans), the disclaimer or copy thereof shall be delivered to the insurance company, employer or other obligor, as the case may be, and to the person who is entitled to the interest by reason of the disclaimer.

(c) Powers of appointment. - If the interest would have devolved to the disclaimant by reason of the exercise of a power of appointment, the disclaimer or a copy thereof shall be filed or delivered as required by the above provisions if the donor of the power is regarded as the donor of the interest or if the person who exercised the power is regarded as the donor of the interest.

(d) Real estate. - If an interest in real property is disclaimed, a copy of the disclaimer may be recorded in the office for the recording of deeds of the county where the real estate is situated and it shall not be effective as to a bona fide grantee or holder of a lien against the property who has given value therefor before the disclaimer is so recorded.

Title 20, Chap. 62, Â§6204.

Effect of disclaimer

(a) In general. - A disclaimer relates back for all purposes to the date of the death of the decedent or the effective date of the inter vivos transfer or third-party beneficiary contract as the case may be. The disclaimer shall be binding upon the disclaimant and all persons claiming through or under him.

(b) Rights of other parties. - Unless a testator or donor has provided for another disposition, the disclaimer shall, for purposes of determining the rights of other parties, be equivalent to the disclaimant's having died before the decedent in the case of a devolution by will or intestacy or before the effective date of an inter vivos transfer or third-party beneficiary contract, except that, when applying section 2104(1) (relating to rules of succession) or analogous provisions of a governing instrument, the fact that the disclaimant actually survived shall be recognized in determining whether other parties take equally or by representation, and except that if, as a result of a disclaimer, property passes to a fund in which the disclaimant has an interest or power which he has not disclaimed, the disclaimant shall retain his interest or power in the fund as augmented by the disclaimed property.

(c) Powers of appointment. - In applying this section to an interest that would have devolved by reason of the exercise of a power of appointment, the person exercising the power shall be regarded as the decedent or transferor, as the case may be.

Title 20, Chap. 62, Â§6205.

Bar to disclaimer

(a) Acceptance. - A disclaimer may be made at any time before acceptance. An acceptance may be express or may be inferred from actions of the person entitled to receive an interest in property such as the following:

(1) The taking of possession or accepting delivery of the property or interest.

(2) A written waiver of the right to disclaim.

(3) An assignment, conveyance, encumbrance, pledge or other transfer of the interest or a contract to do so.

(4) A representation that the interest has been or will be accepted to a person who relies thereon to his detriment.

(5) A sale of the interest under a judicial sale.

To constitute a bar to a disclaimer, a prior acceptance must be affirmatively proved. The mere lapse of time, with or without knowledge of the interest on the part of the disclaimant, shall not constitute an acceptance.

(b) Partial acceptance within six months. - The acceptance of part of a single interest shall be considered as only a partial acceptance and will not be a bar to a subsequent disclaimer of any part or all of the balance of the interest if the part of the interest is accepted before the expiration of six months from:

(1) the death of the decedent in the case of an interest that would have devolved by will or intestacy; or

(2) the effective date of the transfer in the case of an interest that would have devolved by an inter vivos transfer or third-party beneficiary contract.

In applying this subsection to an interest that would have devolved by reason of the exercise of a power of appointment, the person exercising the power shall be regarded as the decedent or the transferor, as the case may be.

(c) Partial acceptance after six months. - The acceptance of a part of a single interest after the expiration of such six-month period shall be considered an acceptance of the entire interest and a bar to any subsequent disclaimer thereof but shall not be an acceptance of any separate interest given under the same instrument. In construing this subsection:

(1) income for life or any other period shall be considered a single interest but separate from any interest in the principal or any additional interest in income to take effect upon the happening of a future event; and

(2) an interest in periodic payments to be made from principal or income, or both, for the life of the beneficiary or any other period shall be considered a single interest but separate from any additional payments to be made upon the happening of a future event.

Title 20, Chap. 62, Â§6206.

Other statutes

The provisions of this chapter do not abridge the right of a person to disclaim interests under any other statute and do not affect any additional requirements for a disclaimer to be effective for inheritance tax purposes or other purposes covered specifically in other statutory provisions.

Title 20, Chap. 62, Â§6207.

Renuncia y renuncia de bienes recibidos por sucesión intestada

Disclaimer of Property Interest-Pennsylvania

Pennsylvania Statutes

TITLE 20 DECEDENTS, ESTATES AND FIDUCIARIES

CHAPTER 62 DISCLAIMERS

Right to disclaim

(1) describe the interest disclaimed;

(2) declare the disclaimer and extent thereof; and

(3) be signed by the disclaimant.

The right to disclaim shall exist notwithstanding any limitation on the interest in the nature of a spendthrift provision or similar restriction.

Title 20, Chap. 62, Â§6201.

Disclaimers by fiduciaries or agents

Title 20, Chap. 62, Â§6202.

Interests subject to disclaimer

Title 20, Chap. 62, Â§6203.

Filing, delivery and recording

Title 20, Chap. 62, Â§6204.

Effect of disclaimer

Title 20, Chap. 62, Â§6205.

Bar to disclaimer

(1) The taking of possession or accepting delivery of the property or interest.

(2) A written waiver of the right to disclaim.

(3) An assignment, conveyance, encumbrance, pledge or other transfer of the interest or a contract to do so.

(4) A representation that the interest has been or will be accepted to a person who relies thereon to his detriment.

(5) A sale of the interest under a judicial sale.

(1) the death of the decedent in the case of an interest that would have devolved by will or intestacy; or

(2) the effective date of the transfer in the case of an interest that would have devolved by an inter vivos transfer or third-party beneficiary contract.

Title 20, Chap. 62, Â§6206.

Other statutes

Title 20, Chap. 62, Â§6207.

Allentown Pennsylvania Renuncia y renuncia de bienes recibidos por sucesión intestada - Pennsylvania Renunciation And Disclaimer of Property Received by Intestate Succession

Description

Related forms

Viewed forms

How to fill out Pennsylvania Renuncia Y Renuncia De Bienes Recibidos Por Sucesión Intestada?

Form popularity

Interesting Questions

What is the Allentown Renunciation and Disclaimer of Property Received by Intestate Succession242218?

Who can renounce or disclaim property received by intestate succession in Allentown?

Why would someone choose to renounce or disclaim property received through intestate succession?

What happens if someone renounces or disclaims the property?

Is there a time limit to renounce or disclaim property received by intestate succession in Allentown?

Can someone partially renounce or disclaim property received through intestate succession?

Trusted and secure by over 3 million people of the world’s leading companies