[WSBAPT] Community Property Agreement Effective At Death

[Thomas White]

Dear Hive Mind:

I am drafting a CPA for a couple as part of their estate planning. Estate is too small to be taxable. (~1.2M).  I have a basic question:

Is there any disadvantage to using a CPA that is an agreement converting property to community property at death and vesting interest in the second spouse then, rather than a traditional three-prong CPA that converts all property immediately? Have you ever had any problem with these?

There is a template in the Deskbook. My first thought is that it would avoid many of the unintended consequences of entering into a CPA. (E.g. allocation of property on divorce, creditors' ability to reach separate property).

Kind Regards,

Tom

--
Thomas H. White
(206) 552-8650
Attorney/Owner
King County Business Law
https://linkedin.com/in/LawGuy
Thomas.H.White at KingCountyBusinessLaw.com<mailto:Thomas.H.White at KingCountyBusinessLaw.com>

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