South Carolina Renunciation of Legacy is a legal process that allows individuals to formally reject or disclaim an inheritance or legacy, which they would otherwise be entitled to receive. This renunciation is made in the context of a last will and testament, where a deceased person's assets and property are distributed among beneficiaries or heirs. In South Carolina, there are two types of Renunciation of Legacy: 1. Renunciation of Legacy by Heirs: This type of renunciation occurs when an individual who is an heir to the deceased's estate decides to give up their claim to a specific portion of the inheritance. The heir must file a formal renunciation document with the probate court, providing explicit details about the renounced legacy. 2. Renunciation of Legacy by Devised: Devised refers to a beneficiary named in the deceased person's will. If a devised wish to renounce their share of the inheritance, they also need to file a written renunciation with the probate court. The renunciation document should clearly identify the specific assets or bequests being declined. Keywords: South Carolina, renunciation of legacy, inheritance, legal process, last will and testament, beneficiaries, heirs, renunciation document, probate court, renounced legacy, devised, renounce share, assets, bequests.
South Carolina Renunciation of Legacy
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How to fill out South Carolina Renunciation Of Legacy?
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