[WSBAPT] Funding of CST with a settlement

[Glenn Price]

Facts:  Husband is receiving a settlement for the death of his wife.  When
wife died seven years ago, husband signed a blanket disclaimer of his wife's
estate, which went to a credit shelter trust.  There is no allocation of the
settlement amount in the settlement agreement, just a number.

 

Question 1:  Can part of the settlement now be placed into the disclaimer
trust?  

 

Question 2:  Who owns the  personal injury and wrongful death claim?  

 

Thanks for your insights.

 

Charles P. Farrington/Glenn D. Price, J.D.
Price & Farrington, PLLC
Attorneys and Counselors at Law   

Parkwood Office Center
2370 130th Avenue N.E., Suite 103
Bellevue, Washington 98005
Phone: 425.451.3583  Fax: 425.522.4818

Email: glenn at pricefarrington.com
Home page:    <http://www.pricefarrington.com/> www.pricefarrington.com

Estate, Tax, Retirement and Asset Protection Planning

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