Declining an inheritance: Who will inherit and what you need to consider.. As of: March 2, 2024, 5:00 a.m By: Carina Blumenroth CommentsSplit Inheritance can be a blessing or a curse.

Because not only assets are inherited, but also debts. What you should consider when turning down inheritance. If you want your will to still count even if you can no longer actively work for it, a power of attorney can help. But be careful, your will should be recorded by hand.