It may sound crazy, but there are lots of reasons why you might want to give your inheritance a second thought before cashing that check. From big family dynasties to simple problems with creditors or tax liens, there are reasons to disclaim that you've probably never thought about, regardless of your situation.
A qualified disclaimer is the legal instrument we use to make sure everybody's taken care of and the deceased's wishes are carried out, without paying huge or double taxes on the estate. Before you find yourself in need of a crash course on the topic at what's bound to be an upsetting time, learn more about disclaimers and why you might want to use them. Here, we'll look at some of the reasons to disclaim an inheritance.