Sec. 6. (a) A disclaimer of a power over property that is barred by this article is ineffective. (b) A disclaimer of an interest in property that is barred by this article takes effect as a transfer of the interest disclaimed to the persons who would have taken the interest under this article had the disclaimer not been barred. IC 32-17.5-9 Chapter 9. Tax Qualified Disclaimer 32-17.5-9-1 Disclaimer for estate and gift tax purposes
‹ Prev All Indiana sections Next ›
Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.