[WSBAPT] Allocation of Estate costs to specific property causing the cost
Rob Wilson-Hoss
rob at hctc.com
Wed Nov 18 17:46:55 PST 2015
That's why one of the questions to be answered is when to get such property
out of the estate and deeded or otherwise transferred to the grantee. Then
it's his or her problem. Depends on all the circumstances, of course.
Rob
Robert D. Wilson-Hoss
Hoss & Wilson-Hoss, LLP
236 West Birch Street
Shelton, WA 98584
360 426-2999
www.hossandwilson-hoss.com
rob at hctc.com
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From: wsbapt-bounces at lists.wsbarppt.com
[mailto:wsbapt-bounces at lists.wsbarppt.com] On Behalf Of Eric Nelsen
Sent: Wednesday, November 18, 2015 5:23 PM
To: WSBA Probate & Trust Listserv
Subject: Re: [WSBAPT] Allocation of Estate costs to specific property
causing the cost
I didn't get many responses, but so far no one has come up with any case law
or theory that avoids the basic rule under Ch. 11.10 RCW, where estate
expenses and debts simply abate estate property ratably in accordance with
their classification as gifts. So, I think the authority I thought was out
there, ain't.
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 Eric Nelsen
Sent: Friday, November 06, 2015 12:09 PM
To: WSBA Probate & Trust listserve (wsbapt at lists.wsbarppt.com)
Subject: [WSBAPT] Allocation of Estate costs to specific property causing
the cost
I cannot find the authority that I swear is out there--
Estate expenses (costs of administration, post-death expenses) are normally
paid from estate assets pursuant to the abatement statutes, RCW 11.10.
But, if the Estate includes an item property that causes specific expenses
for example, a house that requires a new roof to prevent new substantial
damage from leaks during the rainy season, or even just payment of
delinquent real property taxes it is permissible to charge those specific
expenses against that specific property.
In such a case, if the property is given to a particular heir (by specific
bequest, or other distribution in kind), that heir's share of the estate is
therefore charged specially with those expenses.
Anyone have authority, statutory or case law? Or am I searching for
something that isn't there?
Sincerely,
Eric
Eric C. Nelsen
SAYRE LAW OFFICES, PLLC
1320 University St
Seattle WA 98101-2837
phone 206-625-0092
fax 206-625-9040
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