[WSBAPT] Excise tax and penalties for decedent - grant county

[Josh Grant]

Not really.  It is a small value and we are only coming up with about $350 even after adding all the interest and penalties.  It is just irritating.

From: John White 
Sent: Friday, November 21, 2014 11:49 AM
To: WSBA Probate & Trust Listserv 
Subject: Re: [WSBAPT] Excise tax and penalties for decedent - grant county

Is it worth doing an adjudication and incorporating into the order explicit vesting of the real property in the husband?  We have done something similar in Grant County and others so that there is a recordable document.

 

 


     John J. White, Jr.

      425.822.9281 Ext. 7321 

      Bio | vCard | Address | Website

      white at livengoodlaw.com 
     

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From: wsbapt-bounces at lists.wsbarppt.com [mailto:wsbapt-bounces at lists.wsbarppt.com] On Behalf Of Josh Grant
Sent: Friday, November 21, 2014 11:32 AM
To: wsbar; wsbar trust
Subject: [WSBAPT] Excise tax and penalties for decedent - grant county

 

H&W owned real property.  W died in 2009.  H died 2014.  Son is PR.  Pr has an P&S for a new buyer. PR is happy to pay the normal excise tax on this sale.

 

Title company is allowing sale of W’s interest based on our affidavit to clear title, so no probate needed for W.  

 

Grant County indicates that we have to pay additional excise tax and penalties and interest from 2009 til now on the transfer from W to H... and they base that on a sale price = 1/2 of the assessed value.

 

there was no sale back in 2009.  If we did a probate of W’s estate, they would have to file a PR deed without any excise tax.  It isn’t enough of an excise tax to justify doing a probate.

 

any other counties doing this?

 

Joshua F. Grant, PS
Attorney at Law
P. O. Box 619
Wilbur, WA 99185
tel 509 647 5578
fax 509 647 2734



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