California Probate Code 281 – A disclaimer, when effective, is irrevocable and binding upon the …
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A disclaimer, when effective, is irrevocable and binding upon the beneficiary and all persons claiming by, through, or under the beneficiary, including creditors of the beneficiary.
(Enacted by Stats. 1990, Ch. 79.)
Terms Used In California Probate Code 281
- Beneficiary: means a person to whom a donative transfer of property is made or that person's successor in interest, and:
California Probate Code 24
- Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC