What is a possible consequence of not filing a disclaimer within the required time frame?

If a disclaimer is not filed within the required time frame, it is considered void. A disclaimer allows a beneficiary to refuse their right to inherit property, and there are strict deadlines for submitting such disclaimers as outlined in estate laws. If a beneficiary misses this deadline, they may inadvertently accept the inheritance, effectively forfeiting their right to disclaim. This results in the disclaimer being legally invalid, meaning the beneficiary cannot later assert that they wish to decline the inheritance. Therefore, timely action is crucial for a disclaimer to be honored under the law.