[WSBAPT] not nearly as interesting as the thread about when the creditor claim period expires and the Stover case

[Joshua McKarcher]

I’ve used statutory quitclaim deeds into a trust previously and never had trouble with subsequent insured sales out of the trust. But one never knows, of course . . .


Joshua D. McKarcher
McKarcher Law PLLC
537 6th Street
Clarkston, WA 99403
(509) 758-3345
(509) 758-3314 (fax)
josh at mckarcherlaw.com
www.mckarcherlaw.com<http://www.mckarcherlaw.com>
________________________________
From: wsbapt-bounces at lists.wsbarppt.com <wsbapt-bounces at lists.wsbarppt.com> on behalf of Mike Zeno <mikez at zenolawfirm.com>
Sent: Tuesday, April 4, 2023 2:11:40 PM
To: WSBA Probate & Trust Listserv <wsbapt at lists.wsbarppt.com>
Subject: [WSBAPT] not nearly as interesting as the thread about when the creditor claim period expires and the Stover case


When transferring real estate to a revocable living trust, is it better to use a quit claim deed or statutory warranty deed (assuming title acquired initially via statutory warranty deed)?



An Arizona attorney told me that title companies there will require the quit claim deed into the trust to be re-executed if asked to insure a conveyance out of the trust.  Maybe that makes sense in Arizona, but it doesn’t make sense to me for a Washington transaction.  I can see why a title company might prefer a warranty deed into the trust to preserve subrogation claims, but still seems wrong to me.



Has anyone had a title company weigh in on this issue in Washington?



Mike



The Law Office of G. Michael Zeno, Jr., P.S.

T:  (425) 947-8050   F:  (425) 947-8052

135 Lake Street S., Suite 257

Kirkland, WA 98033



Confidential/Privileged Communication: This email and any attachments are confidential, privileged and intended only for the intended recipient(s).  Unauthorized disclosure, copying, distribution or use of this email is prohibited.  If you received this email in error, please notify me immediately so we can arrange for the message and documents to be returned and deleted. Thank you.

IRS Circular 230 Disclaimer: Any tax advice provided in this communication (including attachments) is not intended or written to be used, and it cannot be used, by the recipient or any other taxpayer (i) for the purpose of avoiding penalties that may be imposed on the recipient or any other taxpayer, or (ii) in promoting, marketing or recommending to another party a partnership or other entity, investment plan, arrangement or other transaction.  You should seek advice based on your particular circumstances from an independent tax advisor.


-------------- next part --------------
An HTML attachment was scrubbed...
URL: <http://mailman.fsr.com/pipermail/wsbapt/attachments/20230404/2e8c8f81/attachment.html>