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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.
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).
Answer: Just because you are nominated as executor of a Will does not mean that you must serve. You can renounce your rights as executor and decline to act by simply signing and having notarized a Renunciation of Nominated Executor form and filing it with the Surrogate's Court in the county in which your aunt resided.
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.
You need to file a document with the Register of Wills called a ?Renunciation? (Form 3). That basically means you are turning down the job of executor. The contingent executor named in the will takes over at this point. What must I do if I am named executor?