The problem with an inheritance is that you can't transfer it to someone else to keep it out of your bankruptcy estate if it should be included. That's why I recommend talking to your attorney to be sure you aren't doing anything wrong (a fraudulent transfer). You might be able to renounce taking it completely - I'm not sure about taking it & transferring it to your child. (To give it to your child might not be considered renouncing it completely if you decide who gets it) If you can renounce taking it, your share would normally go to the other heirs. Talk to your attorney.