[WSBAPT] RLT and out of state property in Idaho

[Anna Cashman]

If the decedent is a Washington resident, then the out of state property is included in the calculation of the Washington gross estate and then the out of state estate tax is apportioned out.  https://app.leg.wa.gov/WAC/default.aspx?cite=458-57-125  Forming separate RLTs will not exclude property from the gross estate for estate tax purposes.

Anna

Anna M. Cashman
[cid:image002.jpg at 01D84372.B1BDD350]
Tel (206) 382-4414 ext. 234 / Fax (206) 382-4412 / acashman at khbblaw.com<mailto:acashman at khbblaw.com>
705 Second Avenue / Suite 800 / Seattle, WA 98104 / www.khbblaw.com<http://www.khbblaw.com/>
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From: wsbapt-bounces at lists.wsbarppt.com <wsbapt-bounces at lists.wsbarppt.com> On Behalf Of Ken Luce
Sent: Tuesday, March 29, 2022 9:52 AM
To: 'WSBA Probate & Trust Listserv' <wsbapt at lists.wsbarppt.com>
Subject: [WSBAPT] RLT and out of state property in Idaho

Client has 3 parcels in Idaho and 5 in Wash.  Total 10million. Is the value of the Idaho property included in the Washington estate tax return? Should I form two RLT's, one for each state?

Kenyon Luce
Luce & Associates, P.S.
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Tacoma, WA 98424
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