[WSBAPT] Living Trust for Estate Tax Planning for a Single Person

[Diane J. Kiepe]

Hello Josh,

First, I assume you are talking about a Revocable Living Trust which is what most  folks are referencing when they say “Living Trust”.  While you certainly can do tax planning provisions in such you can (and most of us here in WA do) use the same planning tools in a traditional Will.  Usually, in my practice, that is preferred.  The misconception for many is that Revocable Living Trusts somehow save taxes and provide some sort of creditor protection – this is not true for revocable trusts.

This is an area I love to dialogue about – feel free to call me if this is your first go round with this issue and I’ll share some thoughts – to many to type out.

All the best,


Diane J. Kiepe

Diane J. Kiepe
Douglas Eden
717 W. Sprague Ave.
Suite 1500
Spokane, WA  99201
djkiepe at depdslaw.com<mailto:djkiepe at depdslaw.com>
509-455-5300



From: wsbapt-bounces at lists.wsbarppt.com <wsbapt-bounces at lists.wsbarppt.com> On Behalf Of John Yip
Sent: Thursday, November 7, 2019 4:57 PM
To: wsbapt at lists.wsbarppt.com
Subject: [WSBAPT] Living Trust for Estate Tax Planning for a Single Person

Can someone confirm whether a living trust can be used for Washington State estate tax planning for a single person?  If so, how do you structure the living trust to minimize Washington State estate tax?  Can a similar approach be used in a Will instead?

Thanks,
John Yip
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