[WSBAPT] same-sex spouses and property status agreements

Douglas Bratt djbratt at mbavancouverlaw.com
Tue Jun 7 13:28:16 PDT 2016


I am clear, as I think most of our listmates are, that Pre-Nuptial Agreements require independent counsel, one for each party because the interests of the two parties to the agreement are clearly adverse.

Look at what you are dealing with:  A couple with a significant gulf between themselves as to how much separate property each party has, at least as to their relative ownership of the house.  There is apparent interest in converting their separate property interests into community property.  That just appears to be the reverse of the Pre-Nup in which people are trying to define what is separate and what shall be considered to be community and the effects thereof.  In your case, how can one attorney possibly take on the responsibility of "advising them of the pros and cons of converting the home to community property now that they are married?"

Their interests are clearly adverse to eachother.  One party (the owner of the lesser portion of the house) will make out much better than the person giving up that person's majority ownership of the house.

You cannot possibly advise both parties, and stay out of a conflict situation.  I would suggest that you not try to take this task on in its present posture.

Send one away, after getting that person to waive any conflict you might have in continuing to represent the other, if that is what you want to do.  BUT, don't do it without the waiver.

OR, send them both away to their own separate counsel.

Good luck, but be very careful.

Best Regards,

Doug Bratt

Douglas J. Bratt
Lawyer

[Envelope scaled Terry]

Office: (360) 213-2040
 Fax: (360) 213-2030

CONFIDENTIALITY NOTICE:  This email message may contain confidential or privileged information.  If you have received this message by mistake, please do not review, disclose, copy, or distribute the email. Instead, please notify us immediately by replying to this message or telephoning us.  Thank you.

NOTE:  I do not use encrypted email.  Messages sent to or from my office via email are not secure and may not be protected by attorney-client privilege.  This email address is not monitored at all times.  If your matter is urgent, please phone my office during regular business hours.

TAX ADVICE NOTICE: IRS Circular 230 requires us to advise you that, if this communication or any attachment contains any tax advice, the advice is not intended to be used, and cannot be used, for the purpose of avoiding federal tax penalties. A taxpayer may rely on professional advice to avoid federal tax penalties only if the advice is reflected in a comprehensive tax opinion that conforms to stringent requirements. Please contact us if you have any questions about Circular 230 or would like to discuss our preparation of an opinion that conforms to these IRS rules.





From: wsbapt-bounces at lists.wsbarppt.com [mailto:wsbapt-bounces at lists.wsbarppt.com] On Behalf Of Sharon Rutberg
Sent: Tuesday, June 07, 2016 10:17 AM
To: wsbapt at lists.wsbarppt.com
Subject: [WSBAPT] same-sex spouses and property status agreements

Good morning, listmates -

Clients are a same-sex couple who recently married and want to update their estate planning. Some years ago, when domestic partners, they signed a detailed property agreement setting out their respective separate interests in real property (their home). One partner put more into the home and accordingly had a much larger share. I want to advise them of the pros and cons of converting the home to community property now that they are married.

If you have dealt with this issue before and would be willing to help me think it through, I would appreciate hearing from you.

Sharon

Law Office of Sharon C. Rutberg, PS
1734 NW Market St.
Seattle, WA 98107
Website: www.sharonrutberglaw.com<http://www.sharonrutberglaw.com/>
206-409-2604
email at sharonrutberglaw.com<mailto:email at sharonrutberglaw.com>
Washington State Bar #47055
D.C. Bar #420576

NOTICES
The contents of this message and any attachments may be protected by the attorney-client privilege, work product doctrine, and/or other applicable protections. If you are not the intended recipient or have received this message in error, please notify the sender and promptly delete the message. Thank you for your assistance.

IRS Circular 230 Disclaimer: To ensure compliance with requirements imposed by the IRS, we inform you that to the extent this communication contains advice relating to a Federal tax issue, it is not intended or written to be used, and it may not be used, for (i) the purpose of avoiding any penalties that may be imposed on you or any other person or entity under the Internal Revenue Code or (ii) promoting or marketing to another party any transaction or matter addressed herein.

-------------- next part --------------
An HTML attachment was scrubbed...
URL: <http://mailman.fsr.com/pipermail/wsbapt/attachments/20160607/cadd56f4/attachment.html>
-------------- next part --------------
A non-text attachment was scrubbed...
Name: image003.jpg
Type: image/jpeg
Size: 5141 bytes
Desc: image003.jpg
URL: <http://mailman.fsr.com/pipermail/wsbapt/attachments/20160607/cadd56f4/image003.jpg>


More information about the WSBAPT mailing list