What can one do with property such as furniture that was inherited from a deceased relative?
Full Question:
Party A was left some antique furniture in Relative A's will. Party A does not want the antique furniture and believes that it would be difficult to give it away or sell it. What are Party A's options?
01/05/2007 |
Category: Wills and Estates |
State: Alabama |
#135
Answer:
When someone leaves you something in a will, you are not required to accept it. If you don't need or want cash or other property, you may be better off disclaiming the inheritance, rather than accepting it and then trying to pass it on.