[WSBAPT] Funding of CST with a settlement

Katharine P. Bauer kpb at bpblegal.com
Fri Sep 4 09:12:42 PDT 2015


Actions are brought by the PR.  Wrongful death and survival actions belong
to the statutory named beneficiaries.  Economic damages (personal injury
and ... ) belong to the decedent/estate.

On Fri, Sep 4, 2015 at 7:35 AM, Glenn Price <glenn at pricefarrington.com>
wrote:

> *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 <glenn at pricefarrington.com>*
> Home page:   www.pricefarrington.com
>
> Estate, Tax, Retirement and Asset Protection Planning
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-- 
Katharine P. Bauer
Bauer Pitman Lifetime Legal, PLLC
1235 Fourth Ave. East, Suite 200
Olympia, Washington 98501
tel. 360.754.1976
fax. 360.943.4427

e-mail: kpb at bpblegal.com

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