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DISCLAIMERS IN ESTATE PLANNING First Run Broadcast: October 23, 2013, Live Replay: January 17, 2013 1:00 p.m. E.T./12:00 p.m. C.T./11:00 a.m. M.T./10:00 a.m. P.T. (60 minutes) The use of disclaimers

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What is disclaimers in estate planning?

Disclaimers in estate planning refer to the legal process by which a person voluntarily gives up their right to receive an inheritance or other assets from a deceased person's estate.

Who is required to file disclaimers in estate planning?

Any beneficiary who wishes to disclaim an inheritance or other assets must file a disclaimer in estate planning.

How to fill out disclaimers in estate planning?

To fill out a disclaimer in estate planning, the beneficiary must submit a written document stating their intention to disclaim the inheritance or assets. This document should include the specific details of the disclaimed property.

What is the purpose of disclaimers in estate planning?

The purpose of disclaimers in estate planning is to allow beneficiaries to refuse an inheritance or assets that they do not wish to receive. This can be done for various reasons, such as avoiding taxes or preserving eligibility for government benefits.

What information must be reported on disclaimers in estate planning?

The disclaimers in estate planning must include the details of the disclaimed property, such as its value and the identity of the deceased person. Additionally, the disclaimer should clearly state the beneficiary's intention to refuse the inheritance or assets.

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