[WSBAPT] interim trust distribution

[Lewis, Amy C.]

Corporate trustees typically include language requiring beneficiaries to refund a portion of their distribution to the trust if needed to pay taxes.


Amy Lewis, Attorney
Pronouns she/her/hers
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909 A Street, Suite 600 | Tacoma, WA 98402
phone 253.572.4500 | fax 253.272.5732 | www.eisenhowerlaw.com<http://www.eisenhowerlaw.com/>
From: wsbapt-bounces at lists.wsbarppt.com <wsbapt-bounces at lists.wsbarppt.com> On Behalf Of Shannon Jones
Sent: Tuesday, May 17, 2022 10:10 AM
To: WSBA Probate & Trust Listserv <wsbapt at lists.wsbarppt.com>
Subject: [WSBAPT] interim trust distribution

Listmates, Completing a trust administration and client trustee wants to make interim distributions to beneficiaries but we do not have WA DOR clearance letter yet. WA taxable estate and there is a potential issue with delay in funding the credit shelter trust. Is the beneficiaries' signature to a simple form "release" sufficient to insulate trustee from personal liability related to WA estate taxes? Should it be a more detailed release or TEDRA? If we just wait for the DOR letter, do I need a release or TEDRA at all? Thanks for any input - Shannon

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Shannon R. Jones | Attorney
Campbell Barnett PLLC
Direct:  253.848.3515
Office: 253.848.3513| Fax: 253.845.4941
317 South Meridian
Puyallup, WA 98371
shannonj at campbellbarnettlaw.com<mailto:shannonj at campbellbarnettlaw.com>
campbellbarnettlaw.com<https://campbellbarnettlaw.com/>


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