is essentially a refusal of a gift or bequest.
Disclaiming an interest in an asset, according to IRS rules, results in such an interest never being transferred to the individual making the disclaimer
--thus a disclaimer
has essentially the same effect as the death of the beneficiary with regard to the interest in the disclaimed asset.
The IRS contested both the validity of the disclaimer
and the amount reported as the estate's overall value.
can be employed with respect to gifts, wills, or life insurance proceeds.
In my opinion, the use of the disclaimer
will only continue to gain popularity as numerous "sunset provisions" loom over favorable estate planning tax laws that originated from the Economic Growth and Tax Relief Reconciliation Act of 2001.
Ninja's new disclaimer
plug-in delivers functionality to include global and user-based disclaimers
for all outbound email for Exchange 2000 and 2003.
He held that the disclaimer
"misleads students regarding the significance and value of evolution in the scientific community for the benefit of religious alternatives.
may be effective for federal tax purposes, even if the disclaimer
is not effective under local law.
By contrast--but like another contemporary work in this genre, Declaration of Intent (Disclaimer
), 1999, by Canadian artist Ron Terada--Young's disclaimers
enumerate all that is uncertain about an artwork.
wasn't labeled "design warranty" or "design disclaimer
Worldwide Computer Products News-28 February 2003-GFI offers its Disclaimer
module as freeware(C)1995-2003 M2 COMMUNICATIONS LTD http://www.
TELECOMWORLDWIRE-28 February 2003-GFI offers its Disclaimer
module as freeware(C)1994-2003 M2 COMMUNICATIONS LTD http://www.