Michigan Disclaimer/Renunciation of Property - Description
A beneficiary of an interest in property in Michigan can disclaim and renounce all or part of a bequeathed interest in, or power over, that property under MCL 700.2902, as long as it has not been accepted through actions that indicate ownership or through a written waiver of the right to disclaim (MCL 700.2910).
The written disclaimer must identify the creator of the interest, provide a description of the disclaimed interest, a declaration of the disclaimer and its extent, and it must be signed by the disclaiming party (MCL 700.2903).
A disclaimer must be delivered in order to be valid, which can be done by mail or in person (MCL700.2906(1)). There is no time limit on this delivery in Michigan statutes, but federal guidelines require that it be received by the transferor, the legal representative, the trustee(s), or the current holder of title within nine months of the transfer (usually the death of the creator). The disclaimer may also be filed with the probate court that would or is going to handle the estate. In the case of real property, it can be recorded with the register of deeds in the county where the property is located (MCL 700.2906(3)).
A disclaimer functions as a non-acceptance rather than as transfer of the interest; it is irrevocable and binding for the disclaimant and those claiming under him or her (MCL 700.2909), so be sure to consult an attorney when in doubt about the drawbacks and benefits of disclaiming inherited property.
Deeds.com Michigan Disclaimer of Interest Forms Have Been Updated as Recently as Monday February 11, 2019
What others like you are saying:
January 20th, 2019
Name: Miljana K.
Review: I was on several sites but this was the easiest and cost effective. No bait and switch like on several sites where you get a "free trial" and then they started billing you monthly for legal services. Excellent.
Reply from Staff on January 20th, 2019
We appreciate your business and value your feedback. Thank you. Have a wonderful day!
January 15th, 2019
Name: Stephen D.
Review: Very good hope to use in the future.
Reply from Staff on January 15th, 2019
Thank you for your feedback. We really appreciate it. Have a great day!
February 8th, 2019
Name: Christine R.
Review: Ordering and directions were easy. The only thing missing in the instructions was how to record by mail. Thanks!
Reply from Staff on February 8th, 2019
Thank you Christine. We'll work on making it more clear that one can find mailing information in our recording section. Have a great day!
Select County where the property is located.