Section 853.40. Disclaimer.
Latest version.
- A person to whom property would otherwise pass under a will may disclaim all or part of the property as provided in s. 854.13 .
1977 c. 309
;
1983 a. 186
;
1983 a. 189
s.
329 (26)
;
1985 a. 29
,
37
;
1987 a. 220
;
1991 a. 39
;
1997 a. 188
.
Unless barred by statute, a debtor can disclaim a bequest, thus defeating a creditor's action under s. 813.026. Estate of Goldhammer v. Goldhammer,
138 Wis. 2d 77
,
405 N.W.2d 693
(Ct. App. 1987).
Except for a tax-related "qualified disclaimer," the 9-month time limit for disclaimer of a future interest commences on the death of the life tenant. Estate of Balson,
183 Wis. 2d 31
,
515 N.W.2d 474
(Ct. App. 1994).
Note
The preceding cases were decided prior to the adoption of
1997 Wis. Act 188
, which made extensive revisions to s. 853.27 and created s. 854.06.
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