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In the law of inheritance, wills and trusts, a disclaimer of interest (also called a renunciation) is an attempt by a person to renounce their legal right to benefit from an inheritance (either under a will or through intestacy) or through a trust. "If a trustee disclaims an interest in property that otherwise would have become trust property ...
The form is prescribed by the Secretary of State under the Immigration and Nationality Act of 1952. [1] A CLN is used only to document a loss of U.S. nationality and it does not affect the loss of U.S. nationality itself.
Still, renouncing citizenship is very rare; the ultrawealthy are more likely to acquire second citizenships or residencies in places like Portugal or Malta than give up their American passports ...
The lawsuit follows a State Department proposal to lower the required fee for renouncing U.S. citizenship. Ex-US citizens say they paid ‘astronomical fee’ to give up citizenship. They’re suing
Abjuration is the solemn repudiation, abandonment, or renunciation by or upon oath, often the renunciation of citizenship or some other right or privilege. The term comes from the Latin abjurare, "to forswear".
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