[WSBAPT] Community Property Agreement - Timing of Effectiveness

[Roger Hawkes]

Aren't they ineffective until recorded??

Roger Hawkes, WSBA # 5173
Shoreline Office: 19944 Ballinger Way NE
                                Shoreline, WA 98155
Sultan Office:        423 Main
                                 Sultan, WA 98294

Phone: 206 367 5000; fax: 206 367 4005
Email: roger at law-hawks.com<mailto:roger at law-hawks.com>
Web site: www.hawkeslawfirm.com<http://www.hawkeslawfirm.com/>
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From: wsbapt-bounces at lists.wsbarppt.com <wsbapt-bounces at lists.wsbarppt.com> On Behalf Of Kayleigh Lindemuth
Sent: Monday, July 26, 2021 2:32 PM
To: wsbapt at lists.wsbarppt.com
Subject: [WSBAPT] Community Property Agreement - Timing of Effectiveness

Hello listmates,

I'm wondering if anyone has any insight regarding when to make a community property agreement effective. I've always drafted them so that they're effective immediately. I know others sometimes draft them so that they're effective right before the first spouse's death. Something in the back of my mind is saying there's some downside to the latter approach, but I can't recall exactly what it is and I'm not finding anything along those lines as I'm researching it. I believe the downside had something to do with the fact that making it effective right before someone's death might not have been a long enough duration of time for it to be deemed legitimate. Any insight on this topic is greatly appreciated!

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Kayleigh E. Lindemuth
 Attorney
 nwlegacylaw.com<http://nwlegacylaw.com/> | 360-975-7770


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