[WSBAPT] RLT question
Sharon Rutberg
sharon at salmonbaylaw.com
Fri Sep 22 09:22:15 PDT 2017
Query to those familiar with revocable living trusts -
I have an elderly PC who has named an agent for finances in a POA. Agent has suggested setting up an RLT for her, given her privacy concerns and her need to have him help manage her finances, and PC has agreed. Agent suggests not funding the trust now but putting a TOD direction on her financial accounts naming the trust to take the assets at her death. This sounds like a bad idea to me, but I'm trying to articulate why. Have you seen this done? Would it even work?
Thanks,
Sharon
Sharon C. Rutberg, Attorney at Law
Salmon Bay Law Group, PLLC
1734 NW Market St.
Seattle, WA 98107
206-735-3177, ext. 2
sharon at salmonbaylaw.com<mailto:sharon at salmonbaylaw.com>
Website: www.salmonbaylaw.com
Washington State Bar #47055
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