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disclaim
(redirected from disclaims)

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2518-2(d)(2), if a beneficiary who disclaims an interest in property is also a fiduciary, he or she cannot retain a wholly discretionary power to direct enjoyment of the disclaimed interest.
The Bank does not examine the books and records of its COFI Reporting Members for the purpose of confirming the accuracy of the data they deliver to the Bank used to calculate the COFI, and the Bank expressly disclaims all liability that may arise from any use of the COFI or the use of inaccurate data received from its COFI Reporting Members in calculating the COFI.
The individual who disclaims the inheritance simply steps aside; the next person in line (i.
 
 
 
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