[WSBAPT] Crummey Trust conversion to SNT?

[John J. Sullivan]

Is the son legally incapacitated? If not, he would join in the TEDRA and I would be concerned that makes the SNT self-funding, which would be a problem for certain benefits. 

If incapacitated, is there an AID with authority, or a guardian who could stand in for the son in a judicial TEDRA reformation? A court-ordered change would be preferable. 

John J. Sullivan

Sent from my iPad

> On Oct 18, 2016, at 11:11 AM, Goffe, Wendy S. <wendy.goffe at stoel.com> wrote:
> 
> Parents set up a Crummey Trust for son who is now disabled.  Does anyone have thoughts on using TEDRA to convert the trust to a SNT?  I would remove the Crummey power, change the distribution provisions and I think I should add a payback provision.
>  
> Has anyone tried this and did it work?
>  
> I am not sure what to do about having someone sign on behalf of the son.
>  
> I would appreciate the collective wisdom of the group.
>  
> Wendy
>  
> Wendy S. Goffe | Partner
> STOEL RIVES LLP | 600 University Street, Suite 3600 | Seattle, WA 98101-4109
> Direct: (206) 386-7565 | Fax: (206) 386-7500
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