Restriction on Making Disclaimer; Acceptance by

15 GCA § 761 — under Testamentary Additions to Trusts, Life Insurance and Other Trusts; Bequests to Minors; Disclaimer of Testamentary and Other Interests.

15 GCA § 761

Beneficiary; Exception. A disclaimer may not be made after the beneficiary has accepted the interest to be disclaimed. An acceptance does not preclude a beneficiary from thereafter disclaiming all or part of any interest to which be became entitled because another person disclaimed an interest and of which

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interest the beneficiary or person able to disclaim on his behalf had no knowledge. For the purposes of this Article, if a disclaimer has not theretofore been filed, a beneficiary has accepted an interest if he, or someone acting on his behalf, (a) makes a voluntary assignment or transfer of, or contract to assign or transfer, the interest or part thereof, or (b) executes a written waiver of the right to disclaim the interest, or (c) sells or otherwise disposes of the interest or any part thereof pursuant to judicial process. SOURCE: California Probate Code, § 190.7. 2014 NOTE: Pursuant to the authority granted by 1 GCA § 1606, subsection designations were altered to adhere to the Compiler’s alpha-numeric scheme.