59-2291. Disclaimer of interest in property; persons authorized; disclaimer instrument, contents, validity. - Kansas Statutes

59-2291

Chapter 59.--PROBATE CODE Article 22.--PROBATE PROCEDURE

      59-2291.   Disclaimer of interest in property; persons authorized;disclaimer instrument, contents, validity.(a) A person or the personal representative of a person may disclaim in whole,inpart or in an undivided part any real or personal property, or any interesttherein or power thereover, passing upon death of another to such personas: (1) Heir; (2) next of kin; (3)devisee; (4) legatee; (5) a person succeeding to adisclaimed interest; (6) beneficiary under a testamentary instrument; (7)beneficiary under an insurance policy; (8) joint owner with a right ofsurvivorshipin real or personal property, to the extent the survivor may take more thanthe survivor's equitable portion of the property; (9) a person named totake on the death of the other person; (10) donee of a power of appointment;(11) beneficiary under the terms of aninter vivos trust; or (12) aperson designated to take pursuant to a power of appointment exercisedby or under a testamentary instrument.

      (b)   Disclaimer pursuant to this act shall be made byfiling a written instrument and giving notice thereof in the mannerhereinafter provided. The instrument shall: (1) Describe the property,interest or power subject to the disclaimer, (2) contain a declaration ofdisclaimer and the extent thereof and (3) be signed and acknowledged bythe disclaimant.

      (c)   Notwithstanding the provisions of subsections (a) and (b), adisclaimer shall only be valid to the extent that it does not conflict withK.S.A. 39-709 and amendments thereto.

      History:   L. 1968, ch. 367, § 1; L. 1976, ch. 242, § 47; L. 1980,ch. 168, § 1;L. 1985, ch. 191, § 45;L. 1993, ch. 180, § 2; July 1.