[WSBAPT] "interested parties"

[John J. Sullivan]

I have taken the position "No."

I did a nonjudicial TEDRA realigning the interests of family lifetime beneficiaries in a way I was comfortable would never in any way impact the charitable remainder beneficiary. But I inserted in the TEDRA a provision mandating that nothing be done that might do so. 

Tread carefully. 

John Sullivan 

Sent from my iPhone

> On Jun 20, 2017, at 6:34 PM, Kate Szurek <kate at skagitlaw.com> wrote:
> 
> Under TEDRA (11.96A), would you say that the interested parties, who must sign on in order for a TEDRA agreement to be effective, include even the persons who will not be at all impacted by the terms of a TEDRA agreement which, essentially, shifts assets among the residuary beneficiaries?  Clearly the residuary beneficiaries are interested parties; but, are the beneficiaries to specific bequests (which will not be impacted by the change we are trying to implement) also “interested parties”?  And how about the intestate heirs, who no longer have an interest in the estate at all (since the will contest period has run)? 
>  
> See RCW 11.96A.030(5).
>  
> Thanks in advance for your wisdom.
>  
> (I have yet to look beyond the statute for answers.  If I find any, I’ll let you know.)
>  
> Kate
>  
> Kate Szurek, J.D., LL.M.
> kate at skagitlaw.com
>  
> <image001.jpg>
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