[WSBAPT] Contingent beneficiary in TOD deed?

[susan at pepetersonlaw.com]

Hello listmates,

Client owns 50% of the home she shares with her daughter, daughter and her
husband own the other 50%.  She would like to use a TOD deed to transfer her
interest in the home to her daughter on her death, BUT she would also like
to specify in the deed that, should her daughter predecease her, the
property goes to daughter's husband.  I know that the statute specifies that
the gift to a named beneficiary who does not survive the transferor lapses,
and will vest in another concurrent beneficiary, but I don't seen anything
one way or the other about a contingent beneficiary.  Has anyone done this?
Does anyone see a problem with it?

 

 

 

Susan E. Spuller

Attorney at Law

 

Peterson Spuller, PLLC

345 Knechtel Way NE, Suite 102

Bainbridge Island, WA 98110

206.855.9293

Fax: 206.678.0105

 

 

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