Lamoille County Disclaimer of Interest Forms (Vermont)

Form Package

Disclaimer of Interest

State

Vermont

Area

Lamoille County

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$27.97

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Included Forms

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

Included Supplemental Documents

The following Vermont and Lamoille County supplemental forms are included as a courtesy with your order.

Frequently Asked Questions:

Areas Covered by These Disclaimer of Interest Forms:

• Lamoille County

Including:

• Belvidere Center
• Eden
• Eden Mills
• Hyde Park
• Jeffersonville
• Johnson
• Lake Elmore
• Morrisville
• Moscow
• North Hyde Park
• Stowe
• Waterville
• Wolcott

What is the Vermont Disclaimer of Interest

Under the Vermont Statutes, the beneficiary of an interest in property may disclaim the gift, either in part or in full (14 V.S.A. 1951 to 1957). 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 ( 1955).

The document 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 ( 1953).

Deliver the disclaimer within nine months of the transfer (e.g., the death of the creator of the interest), either in person or by registered mail, to any personal representative or other fiduciary of the decedent, to the holder of legal title, or to the person subsequently entitled to the property. In addition, file a copy of the disclaimer in the probate division of the superior court that has jurisdiction over proceedings regarding the estate of the deceased donor ( 1952). If real property is involved, avoid any ambiguity regarding the chain of title by recording a copy of the document in the land records of the town in which the property is located ( 1952 (e)).

A disclaimer is irrevocable and binding for the disclaiming party as well as for his or her creditors ( 1954), so be sure to consult an attorney when in doubt about the drawbacks and benefits. If the interest arises out of jointly-owned property, seek legal advice as well.

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

Our Promise

The documents you receive here will meet, or exceed, the Lamoille 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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