What kind of document would be needed to "sign away" your portion of an inheritance?

Question

There is a will that gives the house and contents to two people to equally share following the original owner's demise. One of the parties wishes to "sign away" or "give away" or otherwise quit her claim to the inheritance and the other party doesn't.

Does anyone know what kind of document you'd need?

Answer 1

The party that doesn't want the inheritance can "disclaim" the inheritance to the other beneficiary during the Probate process in Probate Court.

Answer 2

this must be done by a lawyer "Transfer of Property". the other party must sign an agreement that he/she will not receive the part given to him/her and will just declare it to be given fully to the other person. for more and clear info, approach your nearest lawyer and asks advice what is needed. the lawyer will prepare those documents for you to be signed by both parties, the giver and the receiver.

Answer 3

What an answer (3) by 3 Top Contributors?  Can these be wrong?  You make your decision.

Answer 4

There are various ways to do it.  One party can simply sign a quitclaim deed to the other OR s/he can present a written "disclaimer" to the probate court.  There are significant tax differences resulting from each way -- depending upon the value of the property it could mean thousands of dollars -- and both parties should consult a lawyer before doing anything.