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

[Rick Hoss]

Rhonda,

The Thurston Co. Assessor website is helpful:
https://www.co.thurston.wa.us/assessor/doc/SEN_DIS_VET.PDF.

Section 2 says for co-owners only one person must meet the age or disability
requirements.

Rick

 

From: wsbapt-bounces at lists.wsbarppt.com
[mailto:wsbapt-bounces at lists.wsbarppt.com] On Behalf Of Ronda Larson Kramer
Sent: Friday, March 01, 2019 7:21 PM
To: wsbapt at lists.wsbarppt.com
Subject: [WSBAPT] Senior property tax exemption for 1/3rd ownership

 

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@ <mailto:ronda at larsonlawpllc.com> larsonlawpllc.com

www. <http://www.larsonlawpllc.com/> larsonlawpllc.com 

 

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