[WSBAPT] Estate Planning for the Rapture

[John J. Sullivan]

Leave it in trust with a reversion to the grantors if they return within the 8 year period? 

John Sullivan

Sent from my iPhone

> On Jul 8, 2015, at 10:35 AM, Jim Doran <jim at doranlegal.com> wrote:
> 
> This is one for the books.
>  
> Hallelujah!
>  
> James R. Doran
> Attorney at Law
> 100 E. Pine Street – Suite 205
> Bellingham, WA 98225
> (360)393-9506
> jim at doranlegal.com
> www.doranlegal.com
>  
> From: wsbapt-bounces at lists.wsbarppt.com [mailto:wsbapt-bounces at lists.wsbarppt.com] On Behalf Of Dan J. Cadagan III
> Sent: Wednesday, July 8, 2015 10:23 AM
> To: 'WSBA Probate & Trust Listserv'
> Subject: Re: [WSBAPT] Estate Planning for the Rapture
>  
> 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
>  
> Please note, as with most email providers, Mac does not encrypt email messages. Accordingly, the confidentiality of messages sent to this address cannot be assured. This e-mail is intended for viewing only by the individual or entity to whom its content is addressed, and it may contain confidential or
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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
> <image001.jpg>
> 3909 California Avenue SW
> Seattle, WA 98116-3705                         
> (206)938-5500
> heatherd at westseattlelaw.com
> www.westseattlelaw.com
>  
> Click here to connect with de Vrieze | Carney on Facebook:   <image002.png>
>  
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