[WSBAPT] TOD Deed - Permissible contingencies?

Brink, Kerry Kbrink at vjglaw.com
Thu Jun 30 10:40:05 PDT 2016


So - can a grantor do a TOD deed that includes contingencies in effect on the date of his death? Something like this:


THE GRANTORS, AAB and AAA, husband and wife, each in consideration of love and affection, and pursuant to the Washington Uniform Real Property Transfer on Death Act, conveys and quit claims to the other upon the death of one of them and then to take effect only upon both of the Grantors' deaths to BBA and BBB, Grantees, each as to an undivided one-half interest, as beneficiaries, the following described real estate:
XXX

If either BBA or BBB do not survive both of the Grantors, then the Grantors convey and quit claim the entire property to the survivor of them, to take effect only upon both of the Grantors' deaths.  In the event both BBA and BBB fail to survive both of the Grantors, then the Grantors convey and quit claim the entire property, together with all after-acquired title of the Grantors therein, in equal shares to those of the Grantors' children,  CCA, CCB and CCC who survive both of the Grantors, to take effect only upon both of the Grantors' deaths.

It seems like it may be OK - as the transferees would be identifiable at the death of the second grantor.  What do you all think?


Best regards,

Kerry
Kerry E. Brink * Attorney

Estate Planning, Probate, Elder Law
____________________________________
Vandeberg Johnson & Gandara, LLP
PO Box 1315
1201 Pacific Ave Suite 1900
Tacoma, WA   98401-1315
www.vjglaw.com<http://www.vjglaw.com/>
kbrink at vjglaw.com
*Phone: 253.383.3791
7Fax:        253.383.6377

Be sure to check out our blogs at "In Brief" at www.vjglaw.com<http://www.vjglaw.com>
Please consider the environment before printing this e-mail
______________________________
CONFIDENTIALITY DISCLAIMER:  This Electronic Message contains information belonging to Vandeberg Johnson & Gandara, LLP, which is confidential and/or privileged information.  The information is intended only for the use of the individual or entity named above.  If you are not the intended recipient, you are hereby notified that any disclosure, copying, distribution or the taking of any action in reliance on the contents of this message is strictly prohibited.  Please notify us immediately by replying to this message or telephoning us if you have received this message by mistake.  Thank you.

-------------- next part --------------
An HTML attachment was scrubbed...
URL: <http://mailman.fsr.com/pipermail/wsbapt/attachments/20160630/a0eccda9/attachment.html>


More information about the WSBAPT mailing list