Disclaiming power or interest in property

Ind. Code § 32-17.5-3-1
in effect
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Sec. 1. A person may disclaim, in whole or part, any interest in or power over property, including a power of appointment. A person may disclaim the interest or power even if the creator of the interest or power imposed: (1) a spendthrift provision or similar restriction on transfer; or (2) a restriction or limitation on the right to disclaim. As added by P.L.5-2003, SEC.1.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/32Fetched: 10/17/2026

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