[WSBAPT] One PR Deed or Two?

[Eric Nelsen]

Technically can be done either way but whether it is accepted depends on whether the Recorder has some objection based on the REET affidavit. Seems to me, both transactions are tax exempt as inheritance, but I suppose a quibbler could say that the Dad's Estate-to-son transaction technically isn't an inheritance since son isn't an heir of the grantor.

If there's any concern, doing it with two deeds resolves the issue. A little more in recording costs, but certainty in the transfers.

Sincerely,

Eric

Eric C. Nelsen
SAYRE LAW OFFICES, PLLC
1320 University St
Seattle WA  98101-2837
phone 206-625-0092
fax 206-625-9040



From: wsbapt-bounces at lists.wsbarppt.com [mailto:wsbapt-bounces at lists.wsbarppt.com] On Behalf Of James W. Spencer
Sent: Wednesday, August 05, 2015 1:55 PM
To: WSBA Probate & Trust Listserv
Subject: [WSBAPT] One PR Deed or Two?

Greetings Listmates:

Dad dies intestate, Mom opens administration on Dad's estate. Mom dies intestate, Son opens administration on Mom's estate, and is appointed as successor administrator of Dad's estate. Son is M&D's only heir.

Son wants to PR Deed M&D's house to himself as heir. Is one PR Deed - with son signing separately as PR of Dad and Mom - appropriate, or does he have to deed the house first from Dad's estate to Mom's estate, then from Mom's estate to Son?

Thanks,

James W. Spencer, Esq.
[57138_967366_54937_image - small]
1700 Seventh Avenue, Suite 2100
Seattle, Washington 98101

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