Today, I would like to learn about the application for inheritance renunciation and the deadline. My parents passed away and I had to inherit the property, but there must be some people who give up inheritance due to more debt. Please refer to it carefully and check with your legal representative for details before proceeding.
Go to Supreme Court website
Republic of Korea Court
Public service Supreme Court Courts of all levels Introduction to the judicial
www.scourt.go.kr
How to apply for inheritance renunciation
Before applying for inheritance renunciation, fill out the information such as the name of the person concerned in the application form for inheritance renunciation, and fill in details such as the relationship with the heir and the reason for renunciation. Prepare the paperwork and file a waiver with the Family Court.
Inheritance renunciation report submission documents
▷ Registration base address, address, name, date of birth,
In the case of an agent request, the agent’s address and name
▷ Purpose and cause of claim
▷ Date of claim
▷ Sign of Family Court
▷ Name and last address of the decedent
▷ Relationship with the ancestor
▷ The day I found out there was an inheritance
▷ The meaning of giving up inheritance
Because the document preparation or process is complicated, it may be more accurate for those who have difficulties to proceed with the help of a legal representative. On the website of the Supreme Court, you can check various information such as the electronic civil petition center and forms.
Go to Supreme Court website
Inheritance renunciation cost
Stamp fee 4,500 won
Transit voucher 5,000 won
Delivery charge 31,200 won
Fee 99,000 won
no postage
Total KRW 139,700
Instructions for giving up inheritance (deadline, required documents, inheritance order, etc.)
Inheritance renunciation deadline
The period for claiming the renunciation of inheritance is within three months from the date of knowledge of the death of the deceased. In addition, subordinated heirs must also apply for renunciation of inheritance within 3 months. After 3 months, you need to look into the special limited approval system.
Inheritance order
Lineal descendant of the first-order decedent
Lineal ascendant of the second-order decedent
Brothers and sisters of the third-order decedent
4th degree collateral blood relative within 4th degree of ancestor
Required documents for inheritance renunciation
Heir – Resident registration copy/abstract / seal certificate / family relationship certificate (detailed) / basic certificate (detailed) / personal seal (signature of power of attorney)
Deceased – Copy of resident registration/abstract/family relation certificate (detailed) or copy of expulsion/basic certificate
Post-inheritance renunciation
Some creditors may sue after an inheritance is abandoned. In this case, you can submit an answer to the court stating that you have received a decision to give up inheritance. In this case, most of the lawsuits are withdrawn, and even if they are not taken, the applicant for inheritance renunciation wins. If there are additional missing heirs, please prepare and apply again as soon as possible.
Inheritance renunciation form form
The following is a request for judgment on the renunciation of inherited property and a general inheritance renunciation memorandum. You can download and refer to it.
[Inheritance renunciation form]
Inheritance renunciation memorandum.hwp
0.01MB
Request for trial for abandonment of inherited property.hwp
0.07MB
Above, we learned about the application for inheritance renunciation and the procedure. It is best to seek advice from a related legal expert regarding inheritance renunciation that suits your situation.
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