1. There is no way you can divest yourself from the inheritance of property of your father unless by way of deed of release or deed of relinquishment which requires registration on payment of stamp duty and registration fees.
2. So I would advise you to be just remain the same you are and if you refuse to receive anything from your aprents on the death of them , it is fine for which no prior registration is required.
3. let me inform you that if your parents are dependent on you then they can file case u/s125 crpc against you seeking monthly maintenance which you can not avoid.