Legal Question in Bankruptcy in Florida

Estate Assets

If a succession has been opened but I have not received or taken title of a

specific asset at the time of filing, should it be listed? Can the asset be

renounced prior to filing and not listed? If I don't plan to ever take possession

of the asset and I don't list it , is that illegal?


Asked on 8/04/05, 9:58 pm

1 Answer from Attorneys
Alexander M. Rosenfeld Rosenfeld & Stein, P.A.

Re: Estate Assets

You are obliged to disclose all assets in which you have an interest in at the time your petition is filed. In additiion you must disclose all transfers of property interests. Your question is of interest because it questions whether a renunciation amounts to a transfer of a property interest. My guess is that it does not, but I sense that it needs be disclosed.

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Answered on 8/05/05, 12:02 am


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