[WSBAPT] More than 2 step-ups in basis one one property?

[John Creahan]

Yes, if they converted wife's separate property into community property with her second spouse.

John Creahan
Cairn Law, PLLC
206-578-5877
Sent from my phone
________________________________
From: Ashley Raymond<mailto:ashleyraymondlaw at gmail.com>
Sent: ‎4/‎21/‎2017 12:15 PM
To: WSBA Probate & Trust Listserv<mailto:wsbapt at lists.wsbarppt.com>
Subject: [WSBAPT] More than 2 step-ups in basis one one property?

Husband and wife own multiple properties as community property. Husband dies and property gets a step-up in basis. Wife remarries. 2nd husband dies. Can wife get another step-up in basis in the properties?

Ashley Raymond, J.D., LL.M.
Ashley Raymond, PLLC
707 S. Grady Way, Suite 600
Renton, WA 98057
Ph: 425-496-7495 | Fax: 425-406-6331
ashley at ashleyraymondlaw.com<mailto:ashley at ashleyraymondlaw.com>

Bellevue Office:
110 110th Ave NE, Suite 100
Bellevue, WA 98004

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