[WSBAPT] Senior property tax exemption for 1/3rd ownership

[Ronda Larson Kramer]

Listmates,

I'm doing some pro bono estate planning for a low income senior who owns her home but as tenants in common with her two children (all have 1/3rd ownership). She is the only one who lives there. I read RCW 84.36.381 to not exclude her from the property tax exemption. Would you agree? It is silent on non-spouse partial ownership, but the fact that a person who lives in a home and whose interest is merely a life estate can nevertheless receive the tax exemption is persuasive to me that the legislature also contemplated these types of situations, where a low income senior has children on her deed.

Assuming she is eligible, how does she obtain the exemption? Simply go to the tax assessor's office and apply? She has been paying the full property tax up to now and does not realize she is eligible for the exemption.

Ronda Larson Kramer
J.D., LL.M. Taxation, Owner

LARSON LAW, PLLC
Elder Law, Estate Planning
1700 Cooper Point Rd SW, Bldg A3
Olympia WA 98502
Ph: 360-259-3076
ronda at larsonlawpllc.com<mailto:ronda at larsonlawpllc.com>
www.larsonlawpllc.com<http://www.larsonlawpllc.com/>

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