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Bankruptcy and Refusing an Inheritance

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Insolvency & Liquidation
(@insolvency-liquidation-2-2-2-2)
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Joined: 8 years ago
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Topic starter  

I have a relative in this situation:

- Declared bankrupt recently (so within the 1 year period and not discharged)
- Relative died recently
- Inheritance (including % of a property) expected

Obviously they have to tell the OR about the inheritance, and a deed of variation is no good as the OR can over rule that.

So -

a) can they simply refuse the inheritance, so it's returned to the estate and divided between the other beneficiaries (their other relatives)?

b) can the OR stop them do this?

c) what's the mechanism for doing this - tell the solicitor acting on the Will?

Thank you in advance



   
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