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.  

         2004 Acts, ch 1015, §14
         C2005, §633.907
         2005 Acts, ch 38, §53
         CS2005, §633E.7
         Referred to in § 633E.5, 633E.6