[WSBAPT] Question about senior property tax exemption where beneficiary has a life estate.

[David Moe]

Yes, life estate can work.  See link:
Property Tax Exemption for Senior Citizens and People with Disabilities (wa.gov)<https://dor.wa.gov/sites/default/files/legacy/Docs/Pubs/Prop_Tax/PT_Senior_Exempt_202010.pdf>

From: wsbapt-bounces at lists.wsbarppt.com <wsbapt-bounces at lists.wsbarppt.com> On Behalf Of Karl Flaccus
Sent: Thursday, April 1, 2021 5:30 PM
To: WSBA Probate & Trust Listserv <wsbapt at lists.wsbarppt.com>
Subject: [WSBAPT] Question about senior property tax exemption where beneficiary has a life estate.

As part of a probate matter, client received a life estate in a condo in which he is obligated to pay taxes, insurance, etc.  He is a low income senior, and the question arises whether he will qualify for a real property senior exemption from paying property taxes where his ownership is for his life. I would think it would qualify, but I see nothing on the website that addresses the issue, and an emailed question got an answer concerning a trust, and not specifically a life estate.

Thank you.

Karl

FLACCUS LAW
7010 35th Ave. N.E.
Seattle, Washington  98115
206 523-0297

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