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Good info for declining, or disclaiming an inheritance, thank you. What if the inheritance is to our children, are we as the parents able to disclaim?

We realize that now, we were under the impression this would be a simple task unfortunately. Now we know better and have sought out legal counsel.

Two years ago, my wife's aunt unfortunately passed away. There was no will, but she had listed our children (ages 2 and 4 at the time) as beneficiaries to her accounts. Prior to this, we had already set up a UTMA account in a major brokerage firm for each of our children and had contributed to...