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

[Sharon Rutberg]

This is of interest. John, what is your preferred way to make that
conversion? Using a community property agreement? 

 

Sharon C. Rutberg, Attorney at Law

Salmon Bay Law Group, PLLC

1734 NW Market St.

Seattle, WA 98107

206-735-3177, ext. 2

 <mailto:sharon at salmonbaylaw.com> sharon at salmonbaylaw.com 

Website: www.salmonbaylaw.com

Washington State Bar #47055
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From: wsbapt-bounces at lists.wsbarppt.com
[mailto:wsbapt-bounces at lists.wsbarppt.com] On Behalf Of John Creahan
Sent: Friday, April 21, 2017 12:24 PM
To: WSBA Probate & Trust Listserv
Subject: Re: [WSBAPT] More than 2 step-ups in basis one one property?

 

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  <mailto:wsbapt at lists.wsbarppt.com> & Trust Listserv
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

 

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