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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).
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.
executor may resign by signing a renunciation of her duties and filing it with the probate court. Removal by the court. The probate judge may remove a coexecutor.
BC Form Form P17, which may also referred to as Notice Of Renunciation, is a probate form in British Columbia. It is used by executors, personal representatives, trustees, guardians & other related parties during the probate & estate settlement process.
Form P10: Affidavit of Assets and Liabilities for Domiciled Estate. The value of all property of the deceased, along with the liabilities that charge or encumber that property, must be disclosed on this form. The registries will no longer accept ?To be Determined? as an asset value.