The Vermont Statutes Online
The Statutes below include the actions of the 2024 session of the General Assembly.
NOTE: The Vermont Statutes Online is an unofficial copy of the Vermont Statutes Annotated that is provided as a convenience.
Title 14 : Decedents Estates and Fiduciary Relations
Chapter 083 : Uniform Disclaimer of Property Interests Act
(Cite as: 14 V.S.A. § 1955)-
§ 1955. Waiver and bar
The right to disclaim property or an interest therein is barred by
(1) an assignment, conveyance, encumbrance, pledge, or transfer of the property or interest, or a contract therefor;
(2) an encumbrance, except that the lien for a writ of attachment or a judgment lien shall only bar a disclaimer to the extent of the amount of the lien;
(3) a written waiver of the right to disclaim;
(4) an acceptance of the property or interest or a benefit thereunder; or
(5) a sale of the property or interest under judicial sale made before the disclaimer is effected. (Added 1985, No. 130 (Adj. Sess.).)