[WSBAPT] Transfer right before death
Eric Nelsen
eric at sayrelawoffices.com
Mon Mar 21 16:01:12 PDT 2022
See Uniform Voidable Transactions Act, Ch. 19.40 RCW<https://app.leg.wa.gov/RCW/default.aspx?cite=19.40>. Generally, when a debtor transfers assets and makes themselves insolvent thereby, a creditor can sue to undo the transfers.
Sincerely,
Eric
Eric C. Nelsen
Sayre Law Offices, PLLC
1417 31st Ave South
Seattle WA 98144-3909
206-625-0092
eric at sayrelawoffices.com<mailto:eric at sayrelawoffices.com>
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From: wsbapt-bounces at lists.wsbarppt.com <wsbapt-bounces at lists.wsbarppt.com> On Behalf Of Brent Williams-Ruth
Sent: Monday, March 21, 2022 3:43 PM
To: wsbapt at lists.wsbarppt.com
Subject: [WSBAPT] Transfer right before death
Decedent sees the end coming. Transfers all assets to their sibling.
Decedent passes with $XXX in debt.
Is the estate insolvent where the creditors are “out of luck” or is this a transfer that can be undone.
Key in my mind is that there is literally not a single asset that will be conveyed after death.
Brent Williams-Ruth
Attorney-At-Law
Law Offices of Brent Williams-Ruth, a division of BWR Consulting, PLLC
Office/Scheduling Phone: (253) 285-7751
Direct Mobile: (253) 285-7453
500 S. 336th St., Suite 214; Federal Way, WA 98003
e-mail<mailto:Brent at Williams-RuthLaw.com> / website<http://www.williams-ruthlaw.com/> / facebook<http://www.facebook.com/bwrconsults> /
As of July 1, 2019 - I began operating as the Law Offices of Brent Williams-Ruth a division of BWR Consulting, PLLC. Please note the new points of contact Brent at Williams-RuthLaw.com<mailto:Brent at Williams-RuthLaw.com> and www.Williams-RuthLaw.com<http://www.williams-ruthlaw.com/>
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