[WSBAPT] Estate Planning for the Rapture

Wed Jul 8 10:22:39 PDT 2015

But the REAL question for the client is, who are they going to name in their will to be the PR, or in their DPA to be their A/F?  It will need to be someone they think is going to be left behind, who is not a good enough person to go on this Rapture cruise; i.e., some scuzball.  Or it could be an attorney, because I’m sure that, in their opinion, there isn’t a snowball’s chance in hell that any of us attorneys are going to heaven on this cruise.  Interesting dilemma.  

Dan J. Cadagan III

Attorney at Law

Spokane, WA

1-509-744-3440

Dan at CadaganLaw.com

From: wsbapt-bounces at lists.wsbarppt.com [mailto:wsbapt-bounces at lists.wsbarppt.com] On Behalf Of Krista MacLaren
Sent: Wednesday, July 08, 2015 9:48 AM
To: wsba probate & trust
Subject: Re: [WSBAPT] Estate Planning for the Rapture

As a practical matter, would the person left behind to deal with the clients’ property be expected to maintain their home in its vacant state for a full 8 years?  I guess this would be a situation where there is no proof of death, but it seems like it would be important for the client to realize that this may cause them to come back to a bankrupt estate.  

Krista MacLaren
Attorney at Law
Northgate Executive Center II
9725 3rd Ave NE, Suite 600
Seattle WA 98115
(206) 523-6116

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On Jul 7, 2015, at 4:02 PM, Heather deVrieze <heatherd at westseattlelaw.com> wrote:

Had a client today inform me that he believed that the Rapture would soon be upon us (in the next year or three) and that he and his wife would suddenly just be missing, along with many of their beneficiaries and designated fiduciaries. Following the scriptures they would return to earth after its 7 years of trials and tribulations and that he wouldn’t want any presumption of death to distribute all of his assets to the remaining (non-raptured) beneficiaries in that time frame. 

Wanting to respect the client despite any of my own personal views of his position, I was pondering perhaps including a provision in the POA and in the Will that might require an 8 year waiting period, instead of the 5 year presumption under 11.80.080, before distributing the estate. (In the event that I am missing and there is no physical proof of my death, I direct my Personal Representative/Attorney-in-fact to wait a period of at least 8 years from the date that I went missing before administering my estate and distributing it under 11.80.080.)

Thoughts?

Heather

Heather S. de Vrieze
Attorney-at-Law

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3909 California Avenue SW

Seattle, WA 98116-3705                          

(206)938-5500 

 <mailto:heatherd at westseattlelaw.com> heatherd at westseattlelaw.com 

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