There is a newer version of the Iowa Code
2009 Iowa Code
Title 15 - Judicial Branch and Judicial Procedures
Subtitle 4 - Probate - Fiduciaries
CHAPTER 633E - UNIFORM DISCLAIMER OF PROPERTY INTEREST ACT
633E.7 - DISCLAIMER OF RIGHTS OF SURVIVORSHIP IN JOINTLY HELD PROPERTY.
633E.7 DISCLAIMER OF RIGHTS OF SURVIVORSHIP IN JOINTLY HELD PROPERTY. 1. Upon the death of a holder of jointly held property, a surviving holder may disclaim, in whole or part, the greater of the following: a. A fractional share of the property determined by dividing the number one by the number of joint holders alive immediately before the death of the holder to whose death the disclaimer relates. b. All of the property, except that part of the value of the entire interest attributable to the contribution furnished by the disclaimant. 2. A disclaimer under subsection 1 takes effect as of the death of the holder of jointly held property to whose death the disclaimer relates. 3. An interest in jointly held property disclaimed by a surviving holder of the property passes as if the disclaimant predeceased the holder to whose death the disclaimer relates.Section History: Recent Form
2004 Acts, ch 1015, §14 C2005, §633.907 2005 Acts, ch 38, §53 CS2005, §633E.7 Referred to in § 633E.5, 633E.6
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