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If you renounce your U.S. citizenship and do not already possess a foreign nationality, you may be rendered stateless and, thus, lack the protection of any government. You may also have difficulty traveling as you may not be entitled to a passport from any country.
1 A form, often attached to an allotment letter, on which a person who has been allotted shares in a new issue renounces the rights to them, either absolutely or in favour of someone else (during the renunciation period).
If you are ever in this kind of situation, you should know that theres a probate court form which can allow you to renounce the person from being appointed as personal representative. This form is known as the Renunciation of Right to Appointment.
renunciation. n. 1) giving up a right, such as a right of inheritance, a gift under a will or abandoning the right to collect a debt on a note. 2) in criminal law, abandoning participation in a crime before it takes place, or an attempt to stop other participants from going ahead with the crime.
The renunciation of rights entitlements is the process of renouncing or transferring or selling the rights to other interested investors at a better price. When a shareholder is not interested in the rights entitlements offer given by the company, he can choose to renounce his rights rather than let it lapse.
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Although we typically think of the person that handles estates after someone dies an executor, in Michigan, this person is called a personal representative. In other words, personal representative is simply the legal term for an executor of a will in Michigan.

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