Idaho Renunciation of Property
Under the Idaho Statutes, the beneficiary of an interest in property may renounce the gift, either in part or in full (I.C. 15-2-801). Note that the option to renounce is only available to beneficiaries who have not acted in any way to indicate acceptance or ownership of the interest (15-2-801 (4)).
The document must be in writing and include a description of the interest, a declaration of intent to renounce all or a defined portion of the interest, and be signed by the renouncing party (15-2-801 (1) (b)).
Deliver the document within nine months of the transfer (e.g., the death of the creator of the interest) to the personal representative of the decedent's estate or the trustee. It must also be filed in the court of the county where proceedings concerning the decedent's estate are or would be pending (15-2-801 (2)). If real property is involved, record a copy of the document at the recorder's office in the county where the property is located in order to avoid any ambiguity regarding the chain of title.
A renunciation is irrevocable and binding for the renouncing party and his or her creditors (15-2-801 (6)), so be sure to consult an attorney when in doubt about the drawbacks and benefits of renouncing inherited property. If the renounced interest arises out of jointly-owned property, seek legal advice as well.
Deeds.com Idaho Disclaimer of Interest Forms Have Been Updated as Recently as Thursday March 21, 2019
What others like you are saying:
Robert W. said: Perfect timing. Everything was consistent and timely.
Reply from Staff: Thank you Robert, we appreciate your feedback.
Bernadette G. said: I LOVE that very concise directions and a sample completed deed were included. They were incredibly helpful. I did like the quick response to questions and the refund of my purchase when they were unable to find a deed I needed. I wasn't sure if I could trust this site, but my deed transfer went through without a hitch with the paperwork that was provided/purchased.
Reply from Staff: We appreciate your business and value your feedback. Thank you. Have a wonderful day!
Cherene K. said: The process was easy and reasonable. My only problem was that, when I filled out my form on the computer, the writing I did overlapped with the pre-written words on the form, so that I had to end up doing it by hand. I've used DEEDS before and have not had that problem.
Reply from Staff: Thank you for your feedback Cherene. We've emailed you for some followup regarding the issue you reported.
Thomas D. said: Can I use this for easement in gross ? Like to grant cousins easement to use river front property with riparian rights ?
Reply from Staff: Sorry, we are unable to give advice on specific legal situations.
Ken S. said: Easy to downloand. Instructions were helpful and easy to follow. Made the process a lot easier for me.
Reply from Staff: Thanks Ken.
Debra D. said: Really good forms, easy to understand and use. The guide was a must have, made the process very simple.
Reply from Staff: Thank you!
Select County where the property is located.