Deed of Disclaimer by a Person who is Entitled to an Interest in the Settled Property

Deed of Disclaimer by a Person who is Entitled to an Interest in the Settled Property

This deed of disclaimer is made on this ………………… by Mr. X of ………… (the Disclaimant).

Whereas by a Deed of Settlement dated ……………… made between Mr. MN (Settlor) of the one part and Mr. AB and Mr. GH (Trustees) of the other part certain properties mentioned therein were transferred to the Trustees upon Trust for the family members of the Settlor as mentioned in the Settlement.

And whereas  the Settlor died on ……………… leaving his family members as the beneficiaries under the said Settlement.

And whereas the Disclaimant is also one of the persons mentioned as the beneficiary of the Settlement and become entitled to an interest in the property comprised in the Settlement which he wishes to disclaim.

Now this deed witnesseth that the disclaimant hereby disclaims all interest and benefit in his favour in or under the Settlement and also disclaims all estate and interest in the property comprised in and subject of the Settlement.

In witness whereof I have executed these Presents on the day, month and year first above-written.

Witness:                                                                                                           Signature