[WSBAPT] Deeding residence to RLT

[Ann Manley]

Would there be any issue in obtaining a step-up in basis upon either the
first or second to die?

Ann Manley, Esq.
The Manley Law Firm, P.S., Inc.
PO Box 16324
Seattle, WA 98116
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On Thu, Aug 25, 2022 at 9:12 AM John McCrady <j.mccrady at pstitle.com> wrote:

> I think they can deed directly into themselves as trustees of their
> trust.  My reading of 458-61A-211 (1) and (2g)  doesn't seem to require
> otherwise.
>
>
> John McCrady
> Counsel
> Puget Sound Title Company
> 5350 Orchard Street West
> University Place WA 98467
> 253-476-5721
> j.mccrady at pstitle.com
>
>
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> -----Original Message-----
> From: wsbapt-bounces at lists.wsbarppt.com <wsbapt-bounces at lists.wsbarppt.com>
> On Behalf Of Ann Manley
> Sent: Wednesday, August 24, 2022 6:46 PM
> To: WSBA Probate & Trust Listserv <wsbapt at lists.wsbarppt.com>
> Cc: WSBA Real Property Listserv <wsbarp at lists.wsbarppt.com>
> Subject: [WSBAPT] Deeding residence to RLT
>
> Clients bought condo prior to marriage - in fact the wife was married to
> someone else at the time. So title is held as "Sue Blue, a married woman,
> and John Doe, a single person.” They subsequently got married (after her
> divorce I am assuming 😆).
>
> They now want to transfer it to their joint revocable living trust. Can
> they deed right to the trust, or do they have to deed it to themselves as a
> married couple first?
>
>
> Ann Manley
> ann at manleyfirm.com
>
>
>
>
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