[WSBAPT] Non-Routine Transactions

[Jacob Menashe]

Hello all,

I had a client ask a good question. A trust she was looking at waived the RCW 11.100.140 non-routine transaction requirement, in cases where the rule applies, to get an independent appraisal or sell on the open market. Her question was, why would you want to do that? She said maybe she saw the point if an asset would be very hard to appraise but she asked why, in general, wouldn’t you at least want the trustee to get an appraisal before selling off the market. I believe a lot of trusts out there waive the requirement and, like my client, I am scratching my head as to why. Any thoughts?

Best,

Jacob

___________________________
Jacob H. Menashe
Hickman Menashe, PS
4211 Alderwood Mall Blvd., Suite 202
Lynnwood, WA 98036
(425) 744-5658 phone
(425) 744-6078 fax
Satellite Office in Bellevue
www.hickmanmenashe.com

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