Renunciation And Disclaimer of Joint Tenant or Tenancy Interest - Rhode Island 2025

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  1. Click ‘Get Form’ to open it in the editor.
  2. In Section I, enter your name as the surviving joint tenant and confirm your right to disclaim any interest in the property due to the decedent's death.
  3. In Section II, provide the name of the decedent and their date of death.
  4. Section III requires you to attest that this disclaimer will be filed within nine months after the decedent's death.
  5. In Section IV, list the specific property interests you are renouncing.
  6. Section V is where you formally renounce and disclaim any interest in the property as per Rhode Island law.
  7. Complete Section VI by acknowledging that the property will devolve to others as if you had predeceased the decedent.
  8. Finally, sign and date the document at the bottom, ensuring all required fields are filled out accurately.

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In the law of inheritance, wills and trusts, a disclaimer of interest (also called a renunciation) is 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 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
A disclaimer is an estate planning tool that allows you to redistribute transfers of assets or property by refusing to accept a gift, bequest, or other form of property transfer. A disclaimer is an heirs legal refusal to accept a gift or a bequest.
By disclaiming the inheritance, the asset can pass to another beneficiary, potentially reducing the overall tax burden on the estate or aligning with better tax planning strategies. If an heir or beneficiary has substantial debts or is facing bankruptcy, accepting an inheritance might expose the assets to creditors.
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.
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A disclaimer is an heirs legal refusal to accept a gift or a bequest. The disclaiming party does not have the authority to direct who inherits their share. If you properly execute a disclaimer, the asset disclaimed will pass to whoever would have received it had you died before the person who left the asset to you.
Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
In Rhode Island, these forms of joint ownership are available: Joint tenancy. Property owned in joint tenancy automatically passes to the surviving owners when one owner dies. No probate is necessary.

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