[WSBAPT] Assignment of Heirship

Randolph Petgrave randgrave at msn.com
Mon Aug 22 16:11:01 PDT 2016


What about using a no judicial binding agreement under TEDRA with all interested parties signing?

Sent from my iPhone

> On Aug 18, 2016, at 10:19 AM, jeffrey winter <jdwinter at hotmail.com> wrote:
> 
> Listmates,
> 
> 
> I have not run into this situation before, and would like to hear your thoughts on the matter.
> 
> 
> I was presented with an existing probate that has been percolating for over 5 years and is quite a mess.  The PC wanted to know whether she should purchase a beneficiary's interest in the Estate.  PC is not named as a beneficiary in the Will.  Another beneficiary already sold his interest to a third party.  There are a myriad of issues with this probate - including potential insolvency, and the fact that no Inventory or accounting has been rendered by any of the PRs to date - but the question I have is regarding the sale of beneficiary interests to third parties.  
> 
> It seems to me that a beneficiary should be able to assign his or her interest -- but where the assignment is to a third party not named in the Will, it also seems that a TEDRA would be required, where all of the parties (including PR and all beneficiaries) have to agree to distribute in a manner other than provided for in the Will.
> 
> 
> Your thoughts?
> 
> 
> Jeff Winter
> 
> 
> Jeffrey D. Winter
> 
> Law Office of Jeffrey D. Winter, P.S.
> 604 North Main Street
> Ellensburg, WA 98926
> (509) 925-9600 tel.
> (509) 925-9606 fax
> 
> 
> 
> 
> 
> _______________________________________________
> WSBAPT mailing list
> WSBAPT at lists.wsbarppt.com
> http://mailman.fsr.com/mailman/listinfo/wsbapt
-------------- next part --------------
An HTML attachment was scrubbed...
URL: <http://mailman.fsr.com/pipermail/wsbapt/attachments/20160822/81e3afaa/attachment.html>
-------------- next part --------------
_______________________________________________
WSBAPT mailing list
WSBAPT at lists.wsbarppt.com
http://mailman.fsr.com/mailman/listinfo/wsbapt


More information about the WSBAPT mailing list