Legal Question in Wills and Trusts in Virginia
My father left his home to me and my two brothers, neither of them have any money to buy me out and I do not want the house. Is there a paper I can sign so that I am not libial for any of the taxes and give them my 1/3 of the home?
Asked on 4/02/10, 1:19 pm
1 Answer from Attorneys
Michael Hendrickson
Law Office Michael E. Hendrickson
Yes, under Va. Code Sec. 64.1-196.5, you are entitled to disclaim your
interest in this property which you've inherited from your father. (A lawyer
who handles probate matters in your locality can explain further how you
go about it.)
Answered on 4/11/10, 8:14 am