Full question:
Myself and my brother are to receive the interest to a house and a parcel of land respectively that is owned by our grandmother. We are planning to relocate to Michigan and want to renounce our interest in these properties. Our grandmother is still living. How can we renounce our interest to these properties?
- Category: Wills and Estates
- Subcategory: Disclaimer of Property Interest
- Date:
- State: Louisiana
Answer:
No, you cannot renounce your interest in the property inherited from your grandmother while she is alive. According to Louisiana law, you can only accept or renounce your interest in a property after the death of the person from whom you inherited it.
Here are the relevant laws:
- Louisiana Civil Code art. 949: A person may not accept or renounce rights to succeed before the death of the decedent.
- Louisiana Civil Code art. 963: Renunciation must be express and in writing.
Therefore, you will need to wait until your grandmother passes away to formally renounce your interests in the properties.
This content is for informational purposes only and is not legal advice. Legal statutes mentioned reflect the law at the time the content was written and may no longer be current. Always verify the latest version of the law before relying on it.