[WSBAPT] Removal of RP from RLT as TOD - One Recording or Two?

[Bryce Dille]

Only an individual can be the transferor and transfer is only effective on transferors death therefore no trust can be transferor must have two deeds



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Bryce H. Dille | Attorney at Law

P: 253.848.3513| F: 253.845.4941
317 South Meridian
Puyallup, WA 98371
bryced at cdb-law.com<mailto:bryced at cdb-law.com>
www.cdb-law.com<http://www.cdb-law.com/>





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From: wsbapt-bounces at lists.wsbarppt.com [mailto:wsbapt-bounces at lists.wsbarppt.com] On Behalf Of sullaw at comcast.net
Sent: Monday, September 18, 2017 10:18 AM
To: Listserv, WSBA
Subject: [WSBAPT] Removal of RP from RLT as TOD - One Recording or Two?

Listmates:

I have a client who wants to remove her condo from her revocable trust and/or establish it as TOD to her child at her death.

Is there a way to accomplish the TOD objective without two recordings (incurring two recording fees)?

Can I have her, as trustee, quitclaim the condo out to herself in distribution and simultaneously convert her ownership to the TOD form in a single deed?

Or, can the trustee, at her direction as grantor record a TOD deed, retaining title in the name of the RLT?

Or, do I have to quitclaim out to the grantor, who then records a second TOD deed?

It seems silly to require two recordings in this case.


Best regards,

John J. Sullivan,

Attorney



Lyons | Sullivan

10655 NE 4th Street, Suite 704

Bellevue, WA  98004

425·451·2400 tel 425-451-7385 fax

www.dljslaw.com<http://www.dljslaw.com/>



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