Lincoln County Disclaimer of Interest Forms (Nevada)

Form Package

Disclaimer of Interest

State

Nevada

Area

Lincoln County

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$27.97

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Included Forms

All Lincoln County specific forms and documents listed below are included in your immediate download package:

Included Supplemental Documents

The following Nevada and Lincoln County supplemental forms are included as a courtesy with your order.

Frequently Asked Questions:

Areas Covered by These Disclaimer of Interest Forms:

• Lincoln County

Including:

• Alamo
• Caliente
• Hiko
• Panaca
• Pioche

What is the Nevada Disclaimer of Interest

As part of the Nevada Revised Statutes, the beneficiary of an interest in property may renounce the gift, either in part or in full (NRS 120.100 to 120.350 Uniform Disclaimer of Property Interests Act). Note that the option to disclaim is only available to beneficiaries who have not acted in any way to indicate acceptance or ownership of the interest (120.300).

The disclaimer must be in writing and include a description of the interest, a declaration of intent to disclaim all or a defined portion of the interest, and be signed by the disclaimant (120.220 (3)).

Deliver the disclaimer 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, the trustee or file it with the court having authority to appoint such a person (120.290). If real property is involved, record a copy of the disclaimer in the county in which the property or interest disclaimed is located in order to avoid any ambiguity regarding the chain of title (120.320). In the case of a designation that has become irrevocable, a disclaimer of real property must be recorded (120.290 (6) (b)).

A disclaimer is irrevocable and binding for the disclaiming party and his or her creditors (120.220), so be sure to consult an attorney when in doubt about the drawbacks and benefits of disclaiming inherited property. If the disclaimed interest arises out of jointly-owned property, seek legal advice as well.

(Nevada DOI Package includes form, guidelines, and completed example)

Our Promise

The documents you receive here will meet, or exceed, the Lincoln County recording requirements for formatting. If there's an issue caused by our formatting, we'll make it right and refund your payment.

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