[WSBAPT] Recording Community Property Agreement

Tue Oct 13 12:21:38 PDT 2020

One other thing to consider (may not be an issue, but one can't be too careful) is to make sure that you have a good fair market value for the property to establish a current fair market value basis in the property.

Regards,

Mark

Mark C. Vohr, Esq.
Ohana Fiduciary Corp.
Ohana Financial Services
A Washington Trust Company
Mark C. Vohr, J.D., CPG, Principal
PO Box 33710  Seattle, WA  98133
T:  (206) 782-1189 F:  (206) 782-1434
mcv at ohanafc.com      www.ohanafc.com

From: wsbapt-bounces at lists.wsbarppt.com <wsbapt-bounces at lists.wsbarppt.com> On Behalf Of Heather de Vrieze
Sent: Tuesday, October 13, 2020 12:11 PM
To: WSBA Probate & Trust Listserv <wsbapt at lists.wsbarppt.com>
Subject: Re: [WSBAPT] Recording Community Property Agreement

McAfee Web Control Warning

This e-mail message contains potentially unsafe links to these sites:
[cid:image001.gif at 01D6A15B.643CCB50]<http://www.mcafee.com/SAE/sitereport.html?sid=SAE&site=mailto:joni@sbfirm.com>
mailto:joni at sbfirm.com

Lovie,

If one property is being sold, be prepared to give the CPA to title/escrow at closing. Title will likely require a death certificate they can record as well, and generally has the surviving spouse sign a community property lack of probate affidavit.

If the other property is in the same county, as Mark said, title will pick this up later, when that property is being disposed of (or borrowed against). If it is in a different county, the documents will need to be recorded there as well.

When property is not on the verge of being sold, I record these three items (CPA, LOP Affidavit, Death Certificate) as follows:
First:    CPA with a  coversheet referencing the deceased spouse as grantor, the survivor as grantee, and listing the legal description of the property and tax parcel numbers.
Second: Lack of Probate affidavit with essentially same coversheet information, but also referencing the recording number of the CPA on this coversheet. I attach a redacted copy of the death certificate to this document, redacting SS#, mother's maiden name, and similar sensitive information.

Also, don't forget to file the will (will only for $20) even if there is no probate. I will usually include the case number for the will filing in the LOP affidavit.

Heather

Heather S. de Vrieze
Attorney-at-Law
[cid:image006.jpg at 01D6A15B.64555C60]
3909 California Avenue SW
Seattle, WA 98116-3705
(206)938-5500
heatherd at westseattlelaw.com<mailto:heatherd at westseattlelaw.com>
www.westseattlelaw.com<https://urldefense.proofpoint.com/v2/url?u=http-3A__www.westseattlelaw.com_&d=DwMFAg&c=euGZstcaTDllvimEN8b7jXrwqOf-v5A_CdpgnVfiiMM&r=K1mLMC1eFjwfeeMM-AC6zQ&m=qpexnOhnkSspHRVWc_7PawpL6QqlueA9jGlYUgfjUIU&s=ffwriWzVvNPJJkUCOiwwxRvsJc87o9FUmxjyXRawRYQ&e=>
Click here to connect with de Vrieze | Carney on Facebook:   [FB Logo] <https://urldefense.proofpoint.com/v2/url?u=https-3A__www.facebook.com_DeVriezeCarney&d=DwMFAg&c=euGZstcaTDllvimEN8b7jXrwqOf-v5A_CdpgnVfiiMM&r=K1mLMC1eFjwfeeMM-AC6zQ&m=qpexnOhnkSspHRVWc_7PawpL6QqlueA9jGlYUgfjUIU&s=8LEpsEKAfSS72xaWC9FxeWvsmeAsphXLRTA0eYidiwg&e=>

For the latest information regarding firm operations and to see precautions we are taking in light of the Coronavirus crisis please visit our firm's website, www.WestSeattleLaw.com<https://urldefense.proofpoint.com/v2/url?u=http-3A__www.WestSeattleLaw.com&d=DwMFAg&c=euGZstcaTDllvimEN8b7jXrwqOf-v5A_CdpgnVfiiMM&r=K1mLMC1eFjwfeeMM-AC6zQ&m=qpexnOhnkSspHRVWc_7PawpL6QqlueA9jGlYUgfjUIU&s=6dcqsrQXqV_ciaRm-GSN-_GVdQCMgtKVUS_T6yDAJ9E&e=>.
If I am sick, I will stay home, I ask you to do the same.

CONFIDENTIAL & PRIVILEGED. This e-mail message may contain legally privileged and/or confidential information.  If you have received this e-mail in error, please notify the sender immediately and delete all copies of this e-mail message and any attachment.

From: wsbapt-bounces at lists.wsbarppt.com<mailto:wsbapt-bounces at lists.wsbarppt.com> <wsbapt-bounces at lists.wsbarppt.com<mailto:wsbapt-bounces at lists.wsbarppt.com>> On Behalf Of Lovie Bernardi
Sent: Tuesday, October 13, 2020 11:35 AM
To: WSBA Probate & Trust Listserv <wsbapt at lists.wsbarppt.com<mailto:wsbapt at lists.wsbarppt.com>>
Subject: [WSBAPT] Recording Community Property Agreement

Dear listmates,

For the first time, I have an estate which will be handled with a community property agreement. Do I simply record a copy of the CPA and a certified copy of the death certificate? There are two pieces of real property in the estate. Do the recording numbers of the properties need to be referenced on the cover sheet? One is being sold and the other retained. Thanks in advance.

Lovie

Lovie L. Bernardi
Flaherty & Bernardi, PLLC
3600 15th Avenue West #205
Seattle, WA  98119
(206) 682-2616

lovie at fb-lawfirm.com<mailto:joni at sbfirm.com>
http://fb-lawfirm.com<https://urldefense.proofpoint.com/v2/url?u=http-3A__sbfirm.com_&d=DwMFAg&c=euGZstcaTDllvimEN8b7jXrwqOf-v5A_CdpgnVfiiMM&r=K1mLMC1eFjwfeeMM-AC6zQ&m=qpexnOhnkSspHRVWc_7PawpL6QqlueA9jGlYUgfjUIU&s=05GLVlWBc2v-lQOeNWNdLzrKxOqvJqZaXD6vH4KqPhI&e=>

**********
This e-mail may contain information that is privileged, confidential or otherwise protected from disclosure. If you are not the intended recipient or otherwise have received this message in error, you are not authorized to read, print, retain, copy or disseminate this message or any part of it. If you are not the intended recipient or otherwise have received this message in error, please notify us immediately by e-mail, discard any paper copies and delete all electronic files of the message.  Circular 230 Notice:  This communication may not be used by you or any other person or entity for the purpose of avoiding any federal tax penalties.

-------------- next part --------------
An HTML attachment was scrubbed...
URL: <http://mailman.fsr.com/pipermail/wsbapt/attachments/20201013/edda0bf9/attachment.html>
-------------- next part --------------
A non-text attachment was scrubbed...
Name: image001.gif
Type: image/gif
Size: 659 bytes
Desc: image001.gif
URL: <http://mailman.fsr.com/pipermail/wsbapt/attachments/20201013/edda0bf9/image001.gif>
-------------- next part --------------
A non-text attachment was scrubbed...
Name: image006.jpg
Type: image/jpeg
Size: 4827 bytes
Desc: image006.jpg
URL: <http://mailman.fsr.com/pipermail/wsbapt/attachments/20201013/edda0bf9/image006.jpg>
-------------- next part --------------
A non-text attachment was scrubbed...
Name: image007.png
Type: image/png
Size: 3434 bytes
Desc: image007.png
URL: <http://mailman.fsr.com/pipermail/wsbapt/attachments/20201013/edda0bf9/image007.png>