[WSBAPT] Calculating distributions under will including assets passed outside of probate

[Lisa Schuchman]

How about this?

 

Equalization Provision.  It is my intent that the beneficiaries of my
estate receive the proportional share of my residuary estate as provided
in Article II, Section 2, taking into account both probate and non-probate
assets that they receive as a result of my death.  Therefore, I instruct
my Personal Representative to increase or decrease the proportional shares
of beneficiaries under this Will to carry out, to the greatest extent
possible, my wish that my beneficiaries share in my combined probate and
non-probate assets in the proportions indicated.

 

Lisa E. Schuchman
206-325-2801
www.lisaschuchman.com <http://www.lisaschuchman.com/> 

Education is what you get when you read the fine print.  Experience is
what you get when you don’t. -Pete Seeger

 

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P  Please consider the trees before printing this document

 

From: wsbapt-owner at lists.wsbarppt.com
[mailto:wsbapt-owner at lists.wsbarppt.com] On Behalf Of Corey Rogers
Sent: Wednesday, April 9, 2014 11:27 AM
To: wsbapt at lists.wsbarppt.com; wsbapt at listserv.nethelps.com
Subject: [WSBAPT] Calculating distributions under will including assets
passed outside of probate

 

Hi All,

 

I have a case where there are non-probate assets that must go to a
specific beneficiary (B1) and that beneficiary is also a beneficiary under
the will.  Client wants estate assets split 3 ways between B1, B2, and B3,
but wants to take into account the amount B1 receives out of probate when
making the calculation.  

 

I'm wondering if anyone has any sample language they could provide on this
issue?  I want to make sure I don't in any way make the non-probate assets
an issue in the probate proceedings for any other reason other than
determining what goes to each beneficiary under the will.

 

Any guidance?

 

Thanks in advance.  


 

-- 
Corey H. Rogers
Attorney at Law
Findley & Rogers, PLLC

9500 Roosevelt Way NE, Ste. 301

Seattle, WA 98115

T: (206) 331-7377
F: (206) 486-9930
corey at findleyrogerslaw.com

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