You Can, and Sometimes Should, Refuse an Inheritance or a Gift

Though it sounds like something that no one would ever choose to do, choosing to refuse an inheritance or gift you receive can be beneficial for you and your family in many situations. The idea of refusing an inherent is not something most people ever seriously consider, but it does happen, and more often than you might imagine. You are never under any legal obligation to accept an inheritance, and can refuse an inheritance or gift as long as you make sure you follow the procedure outlined under California probate law. Though your attorney will explain more about the practical steps you have to take to refuse an inheritance, here are some common questions that many people have about it. What would make me want to refuse an inheritance? There is no one single reason why people choose to refuse an inheritance, though there are some reasons that are more common than others. One of the most common reasons is refusing the inheritance because you are either in the process of, or are plannin
http://www.norcalplanners.com/blog/estate-planning/refuse-inheritance-gift/

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