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

[Richard Wills]

*You're lucky --- my guy was out close to $1,000 in REET to Grant County 
(plus my fees**)**.**  Ouch!*


On 11/21/2014 12:02 PM, Josh Grant wrote:
> 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 <mailto:white at livengoodlaw.com>
> *Sent:* Friday, November 21, 2014 11:49 AM
> *To:* WSBA Probate & Trust Listserv <mailto:wsbapt at lists.wsbarppt.com>
> *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 <http://livengoodlaw.com/person/john-j-white-jr/>| vCard 
> <http://livengoodlaw.com/wp-content/uploads/2014/03/John-J.-White-Jr-Livengood-Alskog-Pllc.vcf>| 
> Address <http://livengoodlaw.com/contact-us/>| Website 
> <http://livengoodlaw.com/>
>
> white at livengoodlaw.com <mailto: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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