This form is a Renunciation and Disclaimer of Property acquired by the last will and testament of the decedent where the beneficiary gained an interest in the property upon the death of the decedent, but, pursuant to the Pennsylvania Statutes, Title 20, Chapter 62, has decided to disclaim a portion of or the entire interest in the described property. The property will now devolve to others as though the beneficiary predeceased the decedent. The form also contains a state specific acknowledgment and a certificate to verify delivery of the document.
Renunciation Will Form For Georgia
State:
Pennsylvania
Control #:
PA-06-03
Format:
Word;
Rich Text
Instant download
Description
Free preview
How to fill out Pennsylvania Renunciation And Disclaimer Of Property From Will By Testate?
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FAQ
A deed of renunciation must be signed, and once it is, your appointment will be terminated and you will not be able or be required to act as an executor of the estate. The remaining executors, if any, will still be able to act.
A renunciation must be made by a written instrument that describes the renounced property, declares the renunciation and the extent of it, and is signed by the person making the renunciation. The day on which the person making the renunciation reaches the age of 21.
Renunciation of inheritance means that an heir renounces his/her right to inherit any of legacy when the heir does not want to inherit the legacy of the ancestor (a deceased person).
If an executor who has already been appointed by the Court wishes to resign, he/she must file a petition with the Court seeking permission to resign.
A Deed of Renunciation is a legal document that you sign when you don't want to or are unable to act as the Administrator of an Estate. If you've been named as an Executor in a Will and you don't think you can do what's required, you may need a Deed of Renunciation to remove you from your duties.