[WSBAPT] PR Discretion Provision

[Paul Neumiller]

Thanks for the heads up.  Yep, CA says a single item may not exceed $5k and
the total of all items may not exceed $25k.  Those limits will not be a
problem in this extremely small estate.  

 

 

 

From: wsbapt-bounces at lists.wsbarppt.com
[mailto:wsbapt-bounces at lists.wsbarppt.com] On Behalf Of Lovie Bernardi
Sent: Friday, April 24, 2015 10:57 AM
To: WSBA Probate & Trust Listserv
Subject: Re: [WSBAPT] PR Discretion Provision

 

California Probate Code Section 6132 covers a writing disposing of personal
property. There is a limit on the total value of property that may disposed
of this way and some other limitations, so if you go this route, you should
review the statute.

 

 

Lovie Bernardi

Attorney at Law

Seligmann & Flaherty, PLLC

216 First AVE S, #450

Seattle, WA  98104

(206) 682-2616

 

 <mailto:joni at sbfirm.com> lovie at sbfirm.com

 <http://sbfirm.com/> http://sbfirm.com

 

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From: wsbapt-bounces at lists.wsbarppt.com
<mailto:wsbapt-bounces at lists.wsbarppt.com>
[mailto:wsbapt-bounces at lists.wsbarppt.com] On Behalf Of Paul Neumiller
Sent: Friday, April 24, 2015 8:59 AM
To: 'WSBA Probate & Trust Listserv'
Subject: Re: [WSBAPT] PR Discretion Provision

 

Yeah, I thought of that but the mom is shortly moving to California and she
asked for a Will that will work in both places and I'm not sure the
handwritten list idea works in California.  Paul Neumiller 

 

From: wsbapt-bounces at lists.wsbarppt.com
<mailto:wsbapt-bounces at lists.wsbarppt.com>
[mailto:wsbapt-bounces at lists.wsbarppt.com] On Behalf Of Jim Doran
Sent: Thursday, April 23, 2015 5:09 PM
To: 'WSBA Probate & Trust Listserv'
Subject: Re: [WSBAPT] PR Discretion Provision

 

How about the Handwritten List provision?

 

James R. Doran

Attorney at Law

100 E. Pine Street - Suite 205

Bellingham, WA 98225

(360)393-9506

jim at doranlegal.com <mailto:jim at doranlegal.com> 

www.doranlegal.com <http://www.doranlegal.com> 

 

From: wsbapt-bounces at lists.wsbarppt.com
<mailto:wsbapt-bounces at lists.wsbarppt.com>
[mailto:wsbapt-bounces at lists.wsbarppt.com] On Behalf Of Paul Neumiller
Sent: Thursday, April 23, 2015 4:41 PM
To: wsbapt at lists.wsbarppt.com <mailto:wsbapt at lists.wsbarppt.com> 
Subject: [WSBAPT] PR Discretion Provision

 

Listserv mates:  I am preparing a Will for an elderly woman who has very few
assets (mostly family heirlooms with low intrinsic value).  She trusts her
sole son to distribute her heirlooms as she has instructed him among her
grandchildren and great-grandchildren.  Any suggestions and sample Will
provisions that will give the PR sole and absolute discretion in the
distribution of asset among the beneficiaries.  Is this a wildly crazy idea?
Does it open the PR to too much potential liability?  Paul Neumiller

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