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3A:25-39  Definitions.

1.As used in this act:

a.A “present interest” is one to take effect in immediate possession, use or enjoyment without the intervention of a preceding estate or interest or without being dependent upon the happening of any event or thing.

b.A “future interest” is one to take effect in possession, use or enjoyment dependent upon the termination of an intervening estate or interest or the happening of any event or thing.

c.An “heir” means a person, including the surviving spouse or domestic partner, entitled under the statutes of intestate succession to the property of a decedent.

d.A “devisee” means any person designated in a will to receive a devise, but does not mean a trustee or trust designated in a will to receive a devise.

e.A “devise,” when used as a noun, means a testamentary disposition of real or personal property and when used as a verb, means to dispose of real or personal property by will.

L.1979,c.484,s.1; amended 2005,c.331, s.28.

3A:25-40.  Devisee, beneficiary or appointee under testamentary instrument,  or heir;  whole or fractional share
Any person who is a devisee or beneficiary under a testamentary instrument,  or appointee under a power of appointment exercised by a testamentary  instrument, including a person succeeding to a disclaimed interest, or an heir  may disclaim in whole or in part the right of succession to any property or  interest therein, including a future interest, by filing a disclaimer under  this act.  A disclaimer may be of a fractional share, expressed as either a  percentage or dollar amount, or any limited interest or estate.

L.1979, c. 484, s. 2 eff. Feb. 28, 1980.

3A:25-41.  Instrument;  formalities;  contents
The instrument disclaiming shall be in writing, signed and acknowledged by the person disclaiming, and shall (1) describe the property or interest disclaimed, and if real property, the municipality and county wherein the real property is situated (2) declare the disclaimer and extent thereof.

L.1979, c. 484, s. 3 eff. Feb. 28, 1980.