Section 563-B:1 Right to Disclaim Interest in Property.

A person, including but not limited to any executor, administrator, trustee, guardian, conservator, holder of a power of attorney or any other fiduciary, to whom any property or interest therein devolves, by whatever means, may disclaim it in whole or in part by delivering a written disclaimer under this chapter. The right to disclaim exists notwithstanding any limitation on the interest of the disclaimant in the nature of a spendthrift provision or similar restriction.

Source. 1996, 265:12, eff. Jan. 1, 1997.