![]() |
Code of Federal Regulations (Last Updated: July 5, 2024) |
![]() |
Title 43 - Public Lands: Interior |
![]() |
Subtitle A - Office of the Secretary of the Interior |
![]() |
Part 30 - Indian Probate Hearings Procedures |
![]() |
Subpart H - Renunciation of Interest |
§ 30.188 - What steps will the judge take if I designate a recipient?
Latest version.
-
§ 30.188 Does a renounced interest vest in the person who renounced it?
No. An interest in trust or restricted property renounced under § 30.181 is not considered to have vested in the renouncing heir or devisee, and the renunciation is not considered a transfer by gift of the property renounced.
(b) If the renunciation does not direct the interest to an eligible person or entity, the renounced interest passes to the heirs of the decedent as if the person renouncing the interest had predeceased the decedent, or if there are no other heirs, to the residuary devisees(a) If the renunciation directs the interest to an eligible person or entity, the interest passes directly to that person or entity.
What steps will the judge take if I designate a recipient?
If you choose to renounce your interests in favor of a designated recipient, the judge will determine whether the designated recipient is eligible to receive the interest. If the designated recipient is eligible, the judge must notify the designated recipient of the renunciation.