(1) If the inheritance is disclaimed, it is deemed that the inheritance did not devolve to those disclaiming.
(2) The inheritance devolves to the person who would be entitled if the person disclaiming had not been alive at the time of the devolution of the inheritance; the devolution is deemed to have taken place simultaneously with the devolution of the inheritance.
(3) As a rule, the probate court is to notify that person of the disclaimer to whom the inheritance has devolved as a result of the disclaimer. It is to permit inspection by every person who satisfactorily demonstrates an interest of a legal nature.