[WSBAPT] Delaware Statutory Trusts
Julie Martiniello
julie at dimensionlaw.com
Tue Jan 23 11:37:27 PST 2018
Is anyone well versed on DSTs? I have some clients doing 1031 exchanges and
using these and my questions is: Is the DST included in their WA taxable
estate?
Essentially, the trust owns real property all over the US, sometimes in WA,
and it is not really a liquid assets- as there are many restrictions on
transfer etc. If the DST they invest owns property located out of WA, then
does that amount get apportioned?
My gut says it gets apportioned, but I would love to here from someone with
real life knowledge on this!
TIA
--
Respectfully,
JULIE A. MARTINIELLO | PARTNER | DIMENSION LAW GROUP PLLC
130 Andover Park East, Suite 300 | Tukwila, WA 98188
t: *206.973.3500 *| f: *206.577.5090*| e: JULIE*@dimensionlaw.com*|
www.dimensionlaw.com
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