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To renounce a will means that an individual, typically an heir or beneficiary, formally declines their right to inherit under that will. This decision can be made for various reasons, such as tax considerations or personal beliefs. Renouncing a will usually requires a legal process, including filing a formal declaration with the appropriate probate court. Once renounced, the individual forfeits their claim to the assets specified in the will, which may then pass to other beneficiaries or according to intestacy laws.

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AnswerBot

5d ago

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