[WSBAPT] Tedra agreement

[John Creahan]

Do you know why the inheritor does not accept the inheritance followed by a transfer to a newly-formed irrevocable trust? Doing so would not require a TEDRA agreement.
Hope this helps,
John

John Creahan
www.cairn-law.com<http://www.cairn-law.com/>
Now located in the heart of Fremont
3417 Evanston Ave. N, Suite 312
Seattle, WA 98103
206-578-5877


From: wsbapt-bounces at lists.wsbarppt.com <wsbapt-bounces at lists.wsbarppt.com> On Behalf Of J Richard McEntee, Jr.
Sent: Tuesday, May 8, 2018 5:36 PM
To: WSBA Probate & Trust Listserv <wsbapt at lists.wsbarppt.com>
Subject: [WSBAPT] Tedra agreement

Hello Listmates —

I have been handling a simple probate. Decedent gave his estate in equal shares to his children. There is no dispute among the children related to the distribution. Rather than receiving the share, one of the children wishes his share to be distributed to an irrevocable trust for the benefit of other family members. That child’s attorney has prepared a TEDRA agreement. I have not spent much time with TEDRA agreements. Would there be a reason that the other heirs or PR would not want to sign the agreement?

Rich

RICH McENTEE
McENTEE LAW OFFICE
3800 Bridgeport Way W, Ste A411
University Place, WA 98466
253.227.9894(m)
jrmcentee at gmail.com<mailto:jrmcentee at gmail.com>

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