Renunciation

Self-Settled Trust

1) giving up a right, such as a right of inheritance, a gift under a will or abandoning the right to collect a debt on a note. 2) in criminal law, abandoning participation in a crime before it takes place, or an attempt to stop other participants from going ahead with the crime. a defendant may use renunciation as evidence of his/her innocence. once the crime is underway, any claimed renunciation is factually too late.

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