Arizona Renunciation and Disclaimer of Joint Tenant or Tenancy Interest - Arizona 2025

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  1. Click ‘Get Form’ to open the Arizona Renunciation and Disclaimer of Joint Tenant or Tenancy Interest in the editor.
  2. Begin by entering your personal information at the top of the form, including your name, address, city, state, zip code, telephone number, and any applicable ATLAS or attorney bar numbers.
  3. Indicate whether you are representing yourself or if you are a petitioner or respondent in the case.
  4. In Section I, fill in your name as the surviving joint tenant who is disclaiming interest in the property due to the decedent's death.
  5. Complete Section II by providing details about the decedent and their date of death.
  6. In Section III, confirm that you will file this disclaimer within nine months after the decedent's death.
  7. List the property interests you are renouncing in Section IV.
  8. Review Sections V through VII for legal affirmations regarding your renunciation and ensure all statements are accurate before signing.
  9. Finally, sign and date the document at the bottom. If required, have it notarized and provide copies as needed.

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What does Disclaimer mean? The right of a trustee in bankruptcy, Liquidator or the Crown to disclaim onerous property (often a leasehold interest). The effect is to bring any ongoing liabilities (of the bankrupt, company or the Crown) in relation to the property to an end.
Normally when property is purchased jointly there is a survivorship clause, meaning that on the death of one of the joint owners, their share in the property automatically passes to the survivor(s).
A person may disclaim, in whole or in part, any interest in or power over property, including a power of appointment. A person may disclaim the interest or power even if its creator imposed a spendthrift provision or similar restriction on transfer or a restriction or limitation on the right to disclaim.
At the time the disclaimer needs to be executed, the surviving spouse will also know the exact value of the couples assets. The surviving spouse may serve as sole trustee of this trust and may have certain powers to distribute assets even though the surviving spouse is a beneficiary.
A disclaimer is when the recipient (called the donee) refuses a bequest, for example, the donee refuses an inheritance left in a will or trust, refuses the proceeds from an account labeled as pay-on-death account when the original owner dies, or refuses the surviving interest in jointly owned property when one joint
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Thus, a surviving joint tenant may disclaim the one-half survivorship interest in property that the joint tenant held either in joint tenancy with right of survivorship or in tenancy by the entirety, within 9 months of the death of the first joint tenant to die.
You need not disclaim the entirety of a bequest. You may disclaim just a percentage, or one or more specific items. For example, if a parent has left you a brokerage account, and a home in need of expensive repairs, you may decide you want the brokerage account, but not the home.
A joint tenancy with right of survivorship is created when a written operating agreement expressly declares that two or more natural persons hold an interest in a limited liability company as joint tenants with right of survivorship or in joint tenancy with right of survivorship.

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