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

248 words·~1 min read·/ks/chapter-59/59-2291

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

(a)A person or the personal representative of a person may disclaim in whole, in part or in an undivided part any real or personal property, or any interest therein or power thereover, passing upon death of another to such person as:

(1)Heir;

(2)next of kin;

(3)devisee;

(4)legatee;

(5)a person succeeding to a disclaimed interest;

(6)beneficiary under a testamentary instrument;

(7)beneficiary under an insurance policy;

(8)joint owner with a right of survivorship in real or personal property, to the extent the survivor may take more than the survivor's equitable portion of the property;

(9)a person named to take on the death of the other person;

(10)donee of a power of appointment;

(11)beneficiary under the terms of an inter vivos trust; or

(12)a person designated to take pursuant to a power of appointment exercised by or under a testamentary instrument.

(b)Disclaimer pursuant to this act shall be made by filing a written instrument and giving notice thereof in the manner hereinafter provided. The instrument shall:

(1)Describe the property, interest or power subject to the disclaimer,

(2)contain a declaration of disclaimer and the extent thereof and

(3)be signed and acknowledged by the disclaimant.

(c)Notwithstanding the provisions of subsections

(a)and (b), a disclaimer shall only be valid to the extent that it does not conflict with K.S.A. 39-709 and amendments thereto.