[WSBAPT] Real Property Bequest Subject to Life Estate

[Philip N. Jones]

In these situations, I prefer to have the will create a trust, and the will can specify all kinds of terms and conditions.  Who pays the utilities, repairs, insurance, and taxes?  What happens if the sister moves out?  What happens if the sister does not pay her share?  Leave no condition out.  Cover everything.
Give her a life estate and no one will know what the heck has been given.  Don't do it.
Phil Jones

Philip N. Jones
Duffy Kekel LLP
900 S.W. Fifth Ave. Suite 2500
Portland, OR 97204
pjones at duffykekel.com<mailto:pjones at duffykekel.com>
(503) 226-1371 - office
(503) 853-1482 - cell
(503) 226-3574 - fax

From: wsbapt-bounces at lists.wsbarppt.com <wsbapt-bounces at lists.wsbarppt.com> On Behalf Of Inge Fordham
Sent: Tuesday, April 12, 2022 2:02 PM
To: WSBA Probate & Trust Listserv <wsbapt at lists.wsbarppt.com>
Subject: [WSBAPT] Real Property Bequest Subject to Life Estate

Upon his death, PC wants to leave his real property to his step-son subject to a life estate in his sister.  What's the best way to go about this?  Just include a bequest to the stepson, subject to a life estate in sister, in the last will and testament?  Is there such thing as a TOD deed to John Doe subject to a life estate in Sarah Appleseed?

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Inge A. Fordham | Attorney
Fordham Law, PLLC
3218 Sixth Avenue | Tacoma, WA 98406
Office: (253) 348-2657 | Mobile: (206) 778-3131
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