VT S0179

Enacts the Vermont Uniform Disclaimer of Property Interests Act as 14 V.S.A. chapter 129, establishing comprehensive rules for refusing inherited property interests or powers, including powers of appointment

Allows any person to disclaim property interests in whole or in part, even when spendthrift provisions or transfer restrictions exist; fiduciaries and parents of minor children may also disclaim under specified conditions

Requires disclaimers to be in writing, signed, describe the interest disclaimed, and delivered to appropriate parties (personal representatives, trustees, or courts) depending on the type of property interest

Specifies that disclaimed interests pass as if the disclaimant died before distribution, with detailed rules for how property flows to descendants or other beneficiaries

Repeals the existing 14 V.S.A. chapter 83 (current Uniform Disclaimer of Property Interests Act) and takes effect upon passage