How do I renounce inherited property?

I see you have inquired about the procedure for renunciation of inherited property.

In cases where the debts left by the deceased are greater than the property and you do not wish to inherit, like the inquirer, you can legally apply for renunciation of inherited property.

This means that the heir entirely renounces the right to inherit, and you must apply to the family court within a certain period to have the legal effect recognized.

For this, you must submit an inheritance renunciation report to the family court of the place where inheritance commenced within 3 months from the date you became aware of the commencement of inheritance.

In the inheritance renunciation report, you should specifically write the personal information of the parties, the purpose of the request, the relationship with the deceased, etc.

The family court accepts this as long as there are no errors in the description of the report.

At this time, once you renounce inheritance, withdrawal is generally impossible, so careful judgment is necessary before making the decision to renounce.

In situations like the inquirer's, where the inheritance-related property and debt details are complex, rather than judging alone, it is good to prepare the procedure with the help of an inheritance specialist attorney.

Since the effect of inheritance renunciation is recognized only when correct legal procedures are followed, I recommend that you prepare specifically from preparation of the renunciation application to submission through consultation with an expert.