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a formal statement saying that you are not legally responsible for something, such as the information given in a book or on the internet, or that you have no direct involvement in it. law specialized. a formal statement giving up your legal claim to something or ending your connection with it.
There are instances in which a person may lose his or her right to disclaim property.How to refuse an inheritance Specifies the item that is being disclaimed. Bears the signature of the heir or his or her representative. Is delivered to the transferor or other appropriate party.
The Violent Offender Against Youth Registry was created in response to the Illinois Legislatures determination to facilitate access to publicly available information about persons convicted of certain offenses against youth.
Disclaimer of interest, in the law of inheritance, wills and trusts, is a term that describes an attempt by a person to renounce their legal right to benefit from an inheritance (either under a will or through intestacy) or through a trust. A disclaimer of interest is irrevocable.
Updating the database of the Illinois Compiled Statutes (ILCS) is an ongoing process. Recent laws may not yet be included in the ILCS database, but they are found on this site as Public Acts soon after they become law.
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The Violent Offender Against Youth Registry was created in response to the Illinois Legislatures determination to facilitate access to publicly available information about persons convicted of certain offenses against youth.
Publication of the Illinois Revised Statutes.
Disclaim, in a legal sense, refers to the renunciation of an interest in, or an acceptance of, inherited assets, such as property, by way of a legal instrument. A person disclaiming an interest, right, or obligation is known as a disclaimant.
A qualified disclaimer is a refusal to accept property that meets the provisions set forth in the Internal Revenue Code (IRC) Tax Reform Act of 1976, allowing for the property or interest in property to be treated as an entity that has never been received.
In the world of estates and trusts, a disclaimer is a refusal to accept a gift or a bequest. It may sound strange to refuse a gift but a disclaimer is a useful tool for tax, asset protection and estate planning.

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