[WSBAPT] Disclaiming interest in living trust
Roger Hawkes
Roger at law-hawks.com
Thu Nov 19 16:56:37 PST 2015
I think a TEDRA agreement among the beneficiaries would work.
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Roger Hawkes, WSBA # 5173
19909 Ballinger Way NE
Shoreline, WA 98155
www.hawkeslawfirm.com<http://www.hawkeslawfirm.com/>
206 367 5000
Fax is 206 367 4005
From: Dale Young [mailto:lowelldaleyoung at msn.com]
Sent: Thursday, November 19, 2015 3:59 PM
To: wsbapt at LISTS.WSBARPPT.COM
Subject: [WSBAPT] Disclaiming interest in living trust
Listmates, how does a successor trustee in a revocable living trust (now irrevocable as the creator of the trust has died) deal with a co-beneficiary of a real estate parcel who wants the parcel to go to entirely to the other co-beneficiary rather than a deed from the trust of the lot to both beneficiaries? The lot is part of the trust estate residual which residual the trust says should go to the two co-beneficiaries equally.
It would seem at first a disclaimer would do the trick.
But when does the nine month period begin to run with a revocable living trust, upon the death of the creator?
The creator of the trust died over a year ago, so it seems it is too late from a disclaimer under RCW 11. 86.031?
Thanks for any ideas.
Dale Young
Lowell Dale Young, LLC From Real Estate to Your Estate
Lowell Dale Young Advice to Real Estate Buyers & Sellers
Attorney At Law Wills, Trusts, Estate Planning
119 First Ave S. #200 Probate and Avoiding Probate
Seattle, WA
Mailing address:
P.O. Box 25510
Seattle, WA 98165
Phone: 206-364-0200
Fax: 206-363-0663
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