[WSBAPT] QDOT Planning in Washington

[Kate Szurek]

Hi Jacob:

I haven’t really been paying close attention to the responses you’ve been getting.  But in this situation my question is why not a QDOT?  They aren’t that hard to draft, and if the non-citizen spouse is the survivor and becomes a citizen within a relatively short period of time, you don’t need a QDOT anyway.  And with an estate that much over the Washington exemption, you need a trust which can shelter the first spouse’s exemption in any event.

Just a late Friday throw it out there kind of a thought . . .

No foolin’!!

Kate

[SkagitLaw_Signature (2)]
Kate Szurek, J.D., LL.M.
kate at skagitlaw.com<mailto:kate at skagitlaw.com>

Skagit Law Group, PLLC
P.O. Box 336 / 227 Freeway Drive, Suite B
Mount Vernon, WA  98273
360.336.1000
360.336.6690 (fax)
http://www.skagitlaw.com<http://www.skagitlaw.com/>



From: wsbapt-bounces at lists.wsbarppt.com [mailto:wsbapt-bounces at lists.wsbarppt.com] On Behalf Of Jacob Menashe
Sent: Friday, April 01, 2016 12:38 PM
To: WSBA Probate & Trust Listserv
Subject: [WSBAPT] QDOT Planning in Washington

The situation: Husband is a US citizen. Spouse is not. They are Washington residents and have $5,000,000. Can Husband, during life, give Spouse $1,000,000, and thus avoid a Washington QDOT since his half of the $4,000,000 left will just be $2,000,000. I’m scratching my head and thinking the answer is yes, but I doubt if it’s that easy. (And realize that may be the tenor of the responses I get!) All responses though are appreciated!

Thank you,

Jacob Menashe

_____________________________
Jacob H. Menashe
Hickman Menashe, PS
4211 Alderwood Mall Blvd., Suite 202
Lynnwood, WA 98036
(425) 744-5658 phone
(425) 744-6078 fax
Satellite Office in Bellevue
www.hickmanmenashe.com




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