[WSBAPT] Subject: Sale of House to Heir
Karen Cobb
kcobb at freybuck.com
Thu May 25 12:51:22 PDT 2023
Thank you, Phil! Yes, I rep the PR. Because this is ultimately a pro-rata distribution, does the step up in basis survive, avoiding capital gains tax against the estate? As to timing for the step up, the one year should not be a problem, but what about the parcel that will potentially not be transferred for five years? Still safe for the step up as long as the estate remains open?
Karen L. Cobb
Attorney at Law
(206) 486-8003
I have a probate with five equal heirs (brothers). One brother is interested in purchasing the decedent's residence from the estate, but it is the only significant asset. Four brothers are willing to enter into an agreement to allow fifth brother to buy (somewhat under market) but are uncertain whether he will be able to obtain financing in the time agreed - one year. During that year he will pay all expenses, taxes, etc. There is also a second parcel that brother five will have five years to purchase (at market), while the estate continues to pay the taxes and brother five pays all other costs. Even if brother five is able to obtain financing, if he defaults or cannot obtain financing on the second parcel, he agrees BOTH will be sold to a developer and the proceeds split accordingly. I've advised of the pitfalls but they want to at least do their due diligence to help out brother five if possible.
We plan to use a TEDRA as the governing agreement. What is the best way to handle transfer or retention of title to ensure that the four brothers are protected if the fifth cannot obtain financing AND also preserve the step up in basis/DOR exemption? Should the parcels stay in the estate and transfer only when financing is obtained? Should they be transferred to brother five with TEDRA handling the unwind if he fails/defaults. Should they be transferred to all of the brothers with the agreement to be sold if financing is not obtained or there is default on the terms? Into a Trust with all five as beneficiaries and PRs as Trustees, trust terms dictating default repercussions? Pros and cons to each option?
Any guidance would be appreciated.
Thank you.
Karen L. Cobb
Attorney at Law
[cid:image001.jpg at 01D98E55.ED5DEBA0]
1200 Fifth Avenue, Ste. 1900
Seattle, WA 98101
(206) 486-8003<tel:(206)%20486-8003> direct
(206) 486-8000<tel:(206)%20486-8000> main
(206) 902-9660<tel:(206)%20902-9660> fax
kcobb at freybuck.com<mailto:kcobb at freybuck.com>
https://urldefense.proofpoint.com/v2/url?u=http-3A__www.freybuck.com&d=DwICAg&c=euGZstcaTDllvimEN8b7jXrwqOf-v5A_CdpgnVfiiMM&r=oN3JkEDGkupTWuVes3l0RZhfKP4xFyO5dcDA8kNgBps&m=H-VKNo9f7rxA1R1ZQmjhncO567NOFY6FKXvBH6jScks&s=chnC0UdzkF9n6qAIsXZNMfXKQPQaGUXJ8e6d5sjWYuI&e=<https://urldefense.proofpoint.com/v2/url?u=http-3A__www.freybuck.com_&d=DwICAg&c=euGZstcaTDllvimEN8b7jXrwqOf-v5A_CdpgnVfiiMM&r=oN3JkEDGkupTWuVes3l0RZhfKP4xFyO5dcDA8kNgBps&m=H-VKNo9f7rxA1R1ZQmjhncO567NOFY6FKXvBH6jScks&s=5_WuBWRM6CjCW7fzC8Hprx9Dxh_gcQg151SRPxf5CDw&e=>
CONFIDENTIALITY NOTICE: This email message and any attachments is a transmission from the law firm Frey Buck, P.S.. It may contain information that is confidential and legally protected by the attorney-client, work product and/or other privileges. If you are not the designated or intended recipient, please destroy the message without disclosing any of its contents and notify us immediately by reply email or by calling 1-206-486-8000.
Pursuant to U.S. Treasury Department Regulations, we are now required to advise you that, unless otherwise expressly indicated, any federal tax advice contained in this communication, including attachments and enclosures, is not intended or written to be used, and may not be used, for the purpose of (i) avoiding tax-related penalties under the Internal Revenue Code or (ii) promoting, marketing or recommending to another party any tax-related matters addressed herein.
For more information about Frey Buck, P.S., visit us at https://urldefense.proofpoint.com/v2/url?u=http-3A__www.freybuck.com&d=DwICAg&c=euGZstcaTDllvimEN8b7jXrwqOf-v5A_CdpgnVfiiMM&r=oN3JkEDGkupTWuVes3l0RZhfKP4xFyO5dcDA8kNgBps&m=H-VKNo9f7rxA1R1ZQmjhncO567NOFY6FKXvBH6jScks&s=chnC0UdzkF9n6qAIsXZNMfXKQPQaGUXJ8e6d5sjWYuI&e=<https://urldefense.proofpoint.com/v2/url?u=http-3A__www.freybuck.com_&d=DwICAg&c=euGZstcaTDllvimEN8b7jXrwqOf-v5A_CdpgnVfiiMM&r=oN3JkEDGkupTWuVes3l0RZhfKP4xFyO5dcDA8kNgBps&m=H-VKNo9f7rxA1R1ZQmjhncO567NOFY6FKXvBH6jScks&s=5_WuBWRM6CjCW7fzC8Hprx9Dxh_gcQg151SRPxf5CDw&e=>
-------------- next part --------------
An HTML attachment was scrubbed...
URL: <https://urldefense.proofpoint.com/v2/url?u=http-3A__mailman.fsr.com_pipermail_wsbapt_attachments_20230524_563e8238_attachment-2D0001.html&d=DwICAg&c=euGZstcaTDllvimEN8b7jXrwqOf-v5A_CdpgnVfiiMM&r=oN3JkEDGkupTWuVes3l0RZhfKP4xFyO5dcDA8kNgBps&m=H-VKNo9f7rxA1R1ZQmjhncO567NOFY6FKXvBH6jScks&s=J9R0CnCIyAbJq4dAvsZDIx8ADb_UwjLMdUw9W2tbOjU&e=>
-------------- next part --------------
A non-text attachment was scrubbed...
Name: image001.jpg
Type: image/jpeg
Size: 1950 bytes
Desc: image001.jpg
URL: <https://urldefense.proofpoint.com/v2/url?u=http-3A__mailman.fsr.com_pipermail_wsbapt_attachments_20230524_563e8238_image001-2D0001.jpg&d=DwICAg&c=euGZstcaTDllvimEN8b7jXrwqOf-v5A_CdpgnVfiiMM&r=oN3JkEDGkupTWuVes3l0RZhfKP4xFyO5dcDA8kNgBps&m=H-VKNo9f7rxA1R1ZQmjhncO567NOFY6FKXvBH6jScks&s=FU53xQkBiAweRX0H094D7KOEoJN-lz4r-bpr78_bL90&e=>
------------------------------
Message: 3
Date: Wed, 24 May 2023 23:45:09 +0000
From: "Philip N. Jones" <pjones at duffykekel.com>
To: WSBA Probate & Trust Listserv <wsbapt at lists.wsbarppt.com>, WSBA
Real Property Listserv <wsbarp at lists.wsbarppt.com>
Subject: Re: [WSBAPT] Sale of House to Heir
Message-ID:
<MWHPR02MB24154770FB9EA92FFDBD6003BC419 at MWHPR02MB2415.namprd02.prod.outlook.com>
Content-Type: text/plain; charset="us-ascii"
I assume you represent the PR. The simplest solution I can think of would be to keep your client in the driver's seat. Keep the estate open. Do not transfer title to anyone else until they have the money to pay for it. Keep title in the name of your client until the check clears. If you like, document the arrangement so that everyone knows what will happen up until the time that the money arrives, and what will happen if it does not.
Perhaps the documentation could be as simple as a letter of intent. The buyer brother might not like it. But your client will.
Phil Jones
Philip N. Jones
-----Original Message-----
From: wsbapt-bounces at lists.wsbarppt.com <wsbapt-bounces at lists.wsbarppt.com> On Behalf Of wsbapt-request at lists.wsbarppt.com
Sent: Thursday, May 25, 2023 12:00 PM
To: wsbapt at lists.wsbarppt.com
Subject: WSBAPT Digest, Vol 104, Issue 29
Send WSBAPT mailing list submissions to
wsbapt at lists.wsbarppt.com
To subscribe or unsubscribe via the World Wide Web, visit
https://urldefense.proofpoint.com/v2/url?u=http-3A__mailman.fsr.com_mailman_listinfo_wsbapt&d=DwICAg&c=euGZstcaTDllvimEN8b7jXrwqOf-v5A_CdpgnVfiiMM&r=oN3JkEDGkupTWuVes3l0RZhfKP4xFyO5dcDA8kNgBps&m=H-VKNo9f7rxA1R1ZQmjhncO567NOFY6FKXvBH6jScks&s=JKzQ4VPsOdR2gJXZECHOdnYpNntcptX3sOnmeDpQ52c&e=
or, via email, send a message with subject or body 'help' to
wsbapt-request at lists.wsbarppt.com
You can reach the person managing the list at
wsbapt-owner at lists.wsbarppt.com
When replying, please edit your Subject line so it is more specific
than "Re: Contents of WSBAPT digest..."
Today's Topics:
1. Re: Probate attorney in North Carolina (Sarah Dion)
2. Sale of House to Heir (Karen Cobb)
3. Re: Sale of House to Heir (Philip N. Jones)
4. Responsibility for abatement (Ken Luce)
5. Re: Responsibility for abatement (Mark Anderson)
6. Re: Responsibility for abatement (michael https://urldefense.proofpoint.com/v2/url?u=http-3A__westseattleattorney.com&d=DwICAg&c=euGZstcaTDllvimEN8b7jXrwqOf-v5A_CdpgnVfiiMM&r=oN3JkEDGkupTWuVes3l0RZhfKP4xFyO5dcDA8kNgBps&m=H-VKNo9f7rxA1R1ZQmjhncO567NOFY6FKXvBH6jScks&s=ZawQt99HFLX4r-9wNi9Ops810ykA97MvcwWkdl_QcF4&e=)
7. Re: Responsibility for abatement (Roger Hawkes)
8. Re: Responsibility for abatement (Roger Hawkes)
----------------------------------------------------------------------
Message: 1
Date: Wed, 24 May 2023 19:27:32 +0000
From: Sarah Dion <sdion at radiuslawseattle.com>
To: WSBA Probate & Trust Listserv <wsbapt at lists.wsbarppt.com>
Subject: Re: [WSBAPT] Probate attorney in North Carolina
Message-ID:
<SA1PR07MB8706245E3BD4C3E1DB4871DFD6419 at SA1PR07MB8706.namprd07.prod.outlook.com>
Content-Type: text/plain; charset="us-ascii"
Thank you so much!
Sarah Jael Dion (she/her)
Attorney, Trusts and Estates Practice
[cid:image001.png at 01D98E3B.1BE816F0].
1700 7th Avenue, Suite 2100
Seattle, WA 98101-1360
(206) 388-5005
NOTICE: This communication and the information contained within, along with any items attached as an enclosure, are privileged and confidential. This communication is intended solely for the use of the individual(s) named above. If you are not one of the intended addressees or you believe you may have received this communication in error, you are hereby notified that any consideration, dissemination or duplication of this communication is strictly prohibited. In addition, you shall not print, copy, retransmit, disseminate, or otherwise use this information in any form without first receiving specific written permission from the author of this communication. If you have received this communication in error, please reply to the sender indicating that fact and delete this message from your system immediately.
IRS CIRCULAR 230 DISCLOSURE: To ensure compliance with IRS requirements, we inform you that any advice contained in this communication (including any attachments) is not intended or written to be used, and cannot be used, for the purpose of (i) avoiding penalties under the Internal Revenue Code or (ii) promoting, marketing or recommending to another party any transaction or matter addressed herein.
From: wsbapt-bounces at lists.wsbarppt.com <wsbapt-bounces at lists.wsbarppt.com> On Behalf Of Virginia Antipolo-Utt
Sent: Wednesday, May 24, 2023 9:51 AM
To: WSBA Probate & Trust Listserv <wsbapt at lists.wsbarppt.com>
Subject: Re: [WSBAPT] Probate attorney in North Carolina
Walker Lambe in Durham, NC. Good luck!
Virginia C. Antipolo-Utt
Antipolo & Paul Law Firm, P.S.
2825 Colby Avenue, Suite 203
Everett, WA 98201
(425) 303-9100, ext. 111
(425) 258-9685 (fax)
virginia at aplawfirm.com<mailto:virginia at aplawfirm.com>
_______________________________________
Under recently issued IRS regulations, we must inform you that any US tax advice contained in this message was not intended or written to be used, and cannot be used, for the purpose of avoiding penalties that may be imposed under federal tax law. By regulation, a taxpayer cannot rely on professional advice to avoid federal tax penalties unless that advice is reflected in a comprehensive tax opinion that conforms to strict requirements.
_______________________________________
CONFIDENTIALITY NOTICE: This information contained in this email message and attachments may be privileged, confidential and protected from disclosure. If you are not the intended recipient, any dissemination, disclosure, distribution or copying of the contents of this message is strictly prohibited. If you think you received this message in error, please delete the message and email the sender at virginia at aplawfirm.com<mailto:virginia at aplawfirm.com>.
From: wsbapt-bounces at lists.wsbarppt.com<mailto:wsbapt-bounces at lists.wsbarppt.com> <wsbapt-bounces at lists.wsbarppt.com<mailto:wsbapt-bounces at lists.wsbarppt.com>> On Behalf Of Sarah Dion
Sent: Wednesday, May 24, 2023 9:23 AM
To: WSBA Probate & Trust Listserv <wsbapt at lists.wsbarppt.com<mailto:wsbapt at lists.wsbarppt.com>>
Subject: Re: [WSBAPT] Probate attorney in North Carolina
Lenore, I believe. But it doesn't matter much-the PR is local. Thanks, Virginia.
Sarah Jael Dion (she/her)
Attorney, Trusts and Estates Practice
[cid:image001.png at 01D98E3B.1BE816F0].
1700 7th Avenue, Suite 2100
Seattle, WA 98101-1360
(206) 388-5005
NOTICE: This communication and the information contained within, along with any items attached as an enclosure, are privileged and confidential. This communication is intended solely for the use of the individual(s) named above. If you are not one of the intended addressees or you believe you may have received this communication in error, you are hereby notified that any consideration, dissemination or duplication of this communication is strictly prohibited. In addition, you shall not print, copy, retransmit, disseminate, or otherwise use this information in any form without first receiving specific written permission from the author of this communication. If you have received this communication in error, please reply to the sender indicating that fact and delete this message from your system immediately.
IRS CIRCULAR 230 DISCLOSURE: To ensure compliance with IRS requirements, we inform you that any advice contained in this communication (including any attachments) is not intended or written to be used, and cannot be used, for the purpose of (i) avoiding penalties under the Internal Revenue Code or (ii) promoting, marketing or recommending to another party any transaction or matter addressed herein.
From: wsbapt-bounces at lists.wsbarppt.com<mailto:wsbapt-bounces at lists.wsbarppt.com> <wsbapt-bounces at lists.wsbarppt.com<mailto:wsbapt-bounces at lists.wsbarppt.com>> On Behalf Of Virginia Antipolo-Utt
Sent: Wednesday, May 24, 2023 8:59 AM
To: WSBA Probate & Trust Listserv <wsbapt at lists.wsbarppt.com<mailto:wsbapt at lists.wsbarppt.com>>
Subject: Re: [WSBAPT] Probate attorney in North Carolina
What city?
Virginia C. Antipolo-Utt
Antipolo & Paul Law Firm, P.S.
2825 Colby Avenue, Suite 203
Everett, WA 98201
(425) 303-9100, ext. 111
(425) 258-9685 (fax)
virginia at aplawfirm.com<mailto:virginia at aplawfirm.com>
_______________________________________
Under recently issued IRS regulations, we must inform you that any US tax advice contained in this message was not intended or written to be used, and cannot be used, for the purpose of avoiding penalties that may be imposed under federal tax law. By regulation, a taxpayer cannot rely on professional advice to avoid federal tax penalties unless that advice is reflected in a comprehensive tax opinion that conforms to strict requirements.
_______________________________________
CONFIDENTIALITY NOTICE: This information contained in this email message and attachments may be privileged, confidential and protected from disclosure. If you are not the intended recipient, any dissemination, disclosure, distribution or copying of the contents of this message is strictly prohibited. If you think you received this message in error, please delete the message and email the sender at virginia at aplawfirm.com<mailto:virginia at aplawfirm.com>.
From: wsbapt-bounces at lists.wsbarppt.com<mailto:wsbapt-bounces at lists.wsbarppt.com> <wsbapt-bounces at lists.wsbarppt.com<mailto:wsbapt-bounces at lists.wsbarppt.com>> On Behalf Of Sarah Dion
Sent: Wednesday, May 24, 2023 8:51 AM
To: wsbapt at lists.wsbarppt.com<mailto:wsbapt at lists.wsbarppt.com>
Subject: [WSBAPT] Probate attorney in North Carolina
Listmates-
Does anyone know a good probate lawyer in North Carolina? Would appreciate any leads!
Sarah Jael Dion (she/her)
Attorney, Trusts and Estates Practice
[cid:image001.png at 01D98E3B.1BE816F0].
1700 7th Avenue, Suite 2100
Seattle, WA 98101-1360
(206) 388-5005
NOTICE: This communication and the information contained within, along with any items attached as an enclosure, are privileged and confidential. This communication is intended solely for the use of the individual(s) named above. If you are not one of the intended addressees or you believe you may have received this communication in error, you are hereby notified that any consideration, dissemination or duplication of this communication is strictly prohibited. In addition, you shall not print, copy, retransmit, disseminate, or otherwise use this information in any form without first receiving specific written permission from the author of this communication. If you have received this communication in error, please reply to the sender indicating that fact and delete this message from your system immediately.
IRS CIRCULAR 230 DISCLOSURE: To ensure compliance with IRS requirements, we inform you that any advice contained in this communication (including any attachments) is not intended or written to be used, and cannot be used, for the purpose of (i) avoiding penalties under the Internal Revenue Code or (ii) promoting, marketing or recommending to another party any transaction or matter addressed herein.
-------------- next part --------------
An HTML attachment was scrubbed...
URL: <https://urldefense.proofpoint.com/v2/url?u=http-3A__mailman.fsr.com_pipermail_wsbapt_attachments_20230524_065b50a5_attachment-2D0001.html&d=DwICAg&c=euGZstcaTDllvimEN8b7jXrwqOf-v5A_CdpgnVfiiMM&r=oN3JkEDGkupTWuVes3l0RZhfKP4xFyO5dcDA8kNgBps&m=H-VKNo9f7rxA1R1ZQmjhncO567NOFY6FKXvBH6jScks&s=94FODwabRa1NmIOjlRQmIR7TfE3D46R9rdY3Y_W0wFA&e=>
-------------- next part --------------
A non-text attachment was scrubbed...
Name: image001.png
Type: image/png
Size: 19108 bytes
Desc: image001.png
URL: <https://urldefense.proofpoint.com/v2/url?u=http-3A__mailman.fsr.com_pipermail_wsbapt_attachments_20230524_065b50a5_image001-2D0001.png&d=DwICAg&c=euGZstcaTDllvimEN8b7jXrwqOf-v5A_CdpgnVfiiMM&r=oN3JkEDGkupTWuVes3l0RZhfKP4xFyO5dcDA8kNgBps&m=H-VKNo9f7rxA1R1ZQmjhncO567NOFY6FKXvBH6jScks&s=5S3jk3fQOzPFWRS834AEIQhghw5Qhua24uLgWKQCk9Q&e=>
------------------------------
Message: 2
Date: Wed, 24 May 2023 22:49:55 +0000
From: Karen Cobb <kcobb at freybuck.com>
To: WSBA Real Property Listserv <wsbarp at lists.wsbarppt.com>,
"wsbapt at lists.wsbarppt.com" <wsbapt at lists.wsbarppt.com>
Subject: [WSBAPT] Sale of House to Heir
Message-ID:
<CO1PR17MB529037AB4F4DE5A152D36AD3C5419 at CO1PR17MB5290.namprd17.prod.outlook.com>
Content-Type: text/plain; charset="us-ascii"
I have a probate with five equal heirs (brothers). One brother is interested in purchasing the decedent's residence from the estate, but it is the only significant asset. Four brothers are willing to enter into an agreement to allow fifth brother to buy (somewhat under market) but are uncertain whether he will be able to obtain financing in the time agreed - one year. During that year he will pay all expenses, taxes, etc. There is also a second parcel that brother five will have five years to purchase (at market), while the estate continues to pay the taxes and brother five pays all other costs. Even if brother five is able to obtain financing, if he defaults or cannot obtain financing on the second parcel, he agrees BOTH will be sold to a developer and the proceeds split accordingly. I've advised of the pitfalls but they want to at least do their due diligence to help out brother five if possible.
We plan to use a TEDRA as the governing agreement. What is the best way to handle transfer or retention of title to ensure that the four brothers are protected if the fifth cannot obtain financing AND also preserve the step up in basis/DOR exemption? Should the parcels stay in the estate and transfer only when financing is obtained? Should they be transferred to brother five with TEDRA handling the unwind if he fails/defaults. Should they be transferred to all of the brothers with the agreement to be sold if financing is not obtained or there is default on the terms? Into a Trust with all five as beneficiaries and PRs as Trustees, trust terms dictating default repercussions? Pros and cons to each option?
Any guidance would be appreciated.
Thank you.
Karen L. Cobb
Attorney at Law
[cid:image001.jpg at 01D98E55.ED5DEBA0]
1200 Fifth Avenue, Ste. 1900
Seattle, WA 98101
(206) 486-8003<tel:(206)%20486-8003> direct
(206) 486-8000<tel:(206)%20486-8000> main
(206) 902-9660<tel:(206)%20902-9660> fax
kcobb at freybuck.com<mailto:kcobb at freybuck.com>
https://urldefense.proofpoint.com/v2/url?u=http-3A__www.freybuck.com&d=DwICAg&c=euGZstcaTDllvimEN8b7jXrwqOf-v5A_CdpgnVfiiMM&r=oN3JkEDGkupTWuVes3l0RZhfKP4xFyO5dcDA8kNgBps&m=H-VKNo9f7rxA1R1ZQmjhncO567NOFY6FKXvBH6jScks&s=chnC0UdzkF9n6qAIsXZNMfXKQPQaGUXJ8e6d5sjWYuI&e=<https://urldefense.proofpoint.com/v2/url?u=http-3A__www.freybuck.com_&d=DwICAg&c=euGZstcaTDllvimEN8b7jXrwqOf-v5A_CdpgnVfiiMM&r=oN3JkEDGkupTWuVes3l0RZhfKP4xFyO5dcDA8kNgBps&m=H-VKNo9f7rxA1R1ZQmjhncO567NOFY6FKXvBH6jScks&s=5_WuBWRM6CjCW7fzC8Hprx9Dxh_gcQg151SRPxf5CDw&e=>
CONFIDENTIALITY NOTICE: This email message and any attachments is a transmission from the law firm Frey Buck, P.S.. It may contain information that is confidential and legally protected by the attorney-client, work product and/or other privileges. If you are not the designated or intended recipient, please destroy the message without disclosing any of its contents and notify us immediately by reply email or by calling 1-206-486-8000.
Pursuant to U.S. Treasury Department Regulations, we are now required to advise you that, unless otherwise expressly indicated, any federal tax advice contained in this communication, including attachments and enclosures, is not intended or written to be used, and may not be used, for the purpose of (i) avoiding tax-related penalties under the Internal Revenue Code or (ii) promoting, marketing or recommending to another party any tax-related matters addressed herein.
For more information about Frey Buck, P.S., visit us at https://urldefense.proofpoint.com/v2/url?u=http-3A__www.freybuck.com&d=DwICAg&c=euGZstcaTDllvimEN8b7jXrwqOf-v5A_CdpgnVfiiMM&r=oN3JkEDGkupTWuVes3l0RZhfKP4xFyO5dcDA8kNgBps&m=H-VKNo9f7rxA1R1ZQmjhncO567NOFY6FKXvBH6jScks&s=chnC0UdzkF9n6qAIsXZNMfXKQPQaGUXJ8e6d5sjWYuI&e=<https://urldefense.proofpoint.com/v2/url?u=http-3A__www.freybuck.com_&d=DwICAg&c=euGZstcaTDllvimEN8b7jXrwqOf-v5A_CdpgnVfiiMM&r=oN3JkEDGkupTWuVes3l0RZhfKP4xFyO5dcDA8kNgBps&m=H-VKNo9f7rxA1R1ZQmjhncO567NOFY6FKXvBH6jScks&s=5_WuBWRM6CjCW7fzC8Hprx9Dxh_gcQg151SRPxf5CDw&e=>
-------------- next part --------------
An HTML attachment was scrubbed...
URL: <https://urldefense.proofpoint.com/v2/url?u=http-3A__mailman.fsr.com_pipermail_wsbapt_attachments_20230524_563e8238_attachment-2D0001.html&d=DwICAg&c=euGZstcaTDllvimEN8b7jXrwqOf-v5A_CdpgnVfiiMM&r=oN3JkEDGkupTWuVes3l0RZhfKP4xFyO5dcDA8kNgBps&m=H-VKNo9f7rxA1R1ZQmjhncO567NOFY6FKXvBH6jScks&s=J9R0CnCIyAbJq4dAvsZDIx8ADb_UwjLMdUw9W2tbOjU&e=>
-------------- next part --------------
A non-text attachment was scrubbed...
Name: image001.jpg
Type: image/jpeg
Size: 1950 bytes
Desc: image001.jpg
URL: <https://urldefense.proofpoint.com/v2/url?u=http-3A__mailman.fsr.com_pipermail_wsbapt_attachments_20230524_563e8238_image001-2D0001.jpg&d=DwICAg&c=euGZstcaTDllvimEN8b7jXrwqOf-v5A_CdpgnVfiiMM&r=oN3JkEDGkupTWuVes3l0RZhfKP4xFyO5dcDA8kNgBps&m=H-VKNo9f7rxA1R1ZQmjhncO567NOFY6FKXvBH6jScks&s=FU53xQkBiAweRX0H094D7KOEoJN-lz4r-bpr78_bL90&e=>
------------------------------
Message: 3
Date: Wed, 24 May 2023 23:45:09 +0000
From: "Philip N. Jones" <pjones at duffykekel.com>
To: WSBA Probate & Trust Listserv <wsbapt at lists.wsbarppt.com>, WSBA
Real Property Listserv <wsbarp at lists.wsbarppt.com>
Subject: Re: [WSBAPT] Sale of House to Heir
Message-ID:
<MWHPR02MB24154770FB9EA92FFDBD6003BC419 at MWHPR02MB2415.namprd02.prod.outlook.com>
Content-Type: text/plain; charset="us-ascii"
I assume you represent the PR. The simplest solution I can think of would be to keep your client in the driver's seat. Keep the estate open. Do not transfer title to anyone else until they have the money to pay for it. Keep title in the name of your client until the check clears. If you like, document the arrangement so that everyone knows what will happen up until the time that the money arrives, and what will happen if it does not.
Perhaps the documentation could be as simple as a letter of intent. The buyer brother might not like it. But your client will.
Phil Jones
Philip N. Jones
Duffy Kekel LLP
900 S.W. Fifth Ave. Suite 2500
Portland, OR 97204
pjones at duffykekel.com<mailto:pjones at duffykekel.com>
(503) 226-1371 - office
(503) 853-1482 - cell
(503) 226-3574 - fax
From: wsbapt-bounces at lists.wsbarppt.com <wsbapt-bounces at lists.wsbarppt.com> On Behalf Of Karen Cobb
Sent: Wednesday, May 24, 2023 3:50 PM
To: WSBA Real Property Listserv <wsbarp at lists.wsbarppt.com>; wsbapt at lists.wsbarppt.com
Subject: [WSBAPT] Sale of House to Heir
I have a probate with five equal heirs (brothers). One brother is interested in purchasing the decedent's residence from the estate, but it is the only significant asset. Four brothers are willing to enter into an agreement to allow fifth brother to buy (somewhat under market) but are uncertain whether he will be able to obtain financing in the time agreed - one year. During that year he will pay all expenses, taxes, etc. There is also a second parcel that brother five will have five years to purchase (at market), while the estate continues to pay the taxes and brother five pays all other costs. Even if brother five is able to obtain financing, if he defaults or cannot obtain financing on the second parcel, he agrees BOTH will be sold to a developer and the proceeds split accordingly. I've advised of the pitfalls but they want to at least do their due diligence to help out brother five if possible.
We plan to use a TEDRA as the governing agreement. What is the best way to handle transfer or retention of title to ensure that the four brothers are protected if the fifth cannot obtain financing AND also preserve the step up in basis/DOR exemption? Should the parcels stay in the estate and transfer only when financing is obtained? Should they be transferred to brother five with TEDRA handling the unwind if he fails/defaults. Should they be transferred to all of the brothers with the agreement to be sold if financing is not obtained or there is default on the terms? Into a Trust with all five as beneficiaries and PRs as Trustees, trust terms dictating default repercussions? Pros and cons to each option?
Any guidance would be appreciated.
Thank you.
Karen L. Cobb
Attorney at Law
[cid:image001.jpg at 01D98E5F.19396750]
1200 Fifth Avenue, Ste. 1900
Seattle, WA 98101
(206) 486-8003<tel:(206)%20486-8003> direct
(206) 486-8000<tel:(206)%20486-8000> main
(206) 902-9660<tel:(206)%20902-9660> fax
kcobb at freybuck.com<mailto:kcobb at freybuck.com>
https://urldefense.proofpoint.com/v2/url?u=http-3A__www.freybuck.com&d=DwICAg&c=euGZstcaTDllvimEN8b7jXrwqOf-v5A_CdpgnVfiiMM&r=oN3JkEDGkupTWuVes3l0RZhfKP4xFyO5dcDA8kNgBps&m=H-VKNo9f7rxA1R1ZQmjhncO567NOFY6FKXvBH6jScks&s=chnC0UdzkF9n6qAIsXZNMfXKQPQaGUXJ8e6d5sjWYuI&e=<https://urldefense.proofpoint.com/v2/url?u=http-3A__www.freybuck.com_&d=DwICAg&c=euGZstcaTDllvimEN8b7jXrwqOf-v5A_CdpgnVfiiMM&r=oN3JkEDGkupTWuVes3l0RZhfKP4xFyO5dcDA8kNgBps&m=H-VKNo9f7rxA1R1ZQmjhncO567NOFY6FKXvBH6jScks&s=5_WuBWRM6CjCW7fzC8Hprx9Dxh_gcQg151SRPxf5CDw&e=>
CONFIDENTIALITY NOTICE: This email message and any attachments is a transmission from the law firm Frey Buck, P.S.. It may contain information that is confidential and legally protected by the attorney-client, work product and/or other privileges. If you are not the designated or intended recipient, please destroy the message without disclosing any of its contents and notify us immediately by reply email or by calling 1-206-486-8000.
Pursuant to U.S. Treasury Department Regulations, we are now required to advise you that, unless otherwise expressly indicated, any federal tax advice contained in this communication, including attachments and enclosures, is not intended or written to be used, and may not be used, for the purpose of (i) avoiding tax-related penalties under the Internal Revenue Code or (ii) promoting, marketing or recommending to another party any tax-related matters addressed herein.
For more information about Frey Buck, P.S., visit us at https://urldefense.proofpoint.com/v2/url?u=http-3A__www.freybuck.com&d=DwICAg&c=euGZstcaTDllvimEN8b7jXrwqOf-v5A_CdpgnVfiiMM&r=oN3JkEDGkupTWuVes3l0RZhfKP4xFyO5dcDA8kNgBps&m=H-VKNo9f7rxA1R1ZQmjhncO567NOFY6FKXvBH6jScks&s=chnC0UdzkF9n6qAIsXZNMfXKQPQaGUXJ8e6d5sjWYuI&e=<https://urldefense.proofpoint.com/v2/url?u=http-3A__www.freybuck.com_&d=DwICAg&c=euGZstcaTDllvimEN8b7jXrwqOf-v5A_CdpgnVfiiMM&r=oN3JkEDGkupTWuVes3l0RZhfKP4xFyO5dcDA8kNgBps&m=H-VKNo9f7rxA1R1ZQmjhncO567NOFY6FKXvBH6jScks&s=5_WuBWRM6CjCW7fzC8Hprx9Dxh_gcQg151SRPxf5CDw&e=>
-------------- next part --------------
An HTML attachment was scrubbed...
URL: <https://urldefense.proofpoint.com/v2/url?u=http-3A__mailman.fsr.com_pipermail_wsbapt_attachments_20230524_c1b78cd1_attachment-2D0001.html&d=DwICAg&c=euGZstcaTDllvimEN8b7jXrwqOf-v5A_CdpgnVfiiMM&r=oN3JkEDGkupTWuVes3l0RZhfKP4xFyO5dcDA8kNgBps&m=H-VKNo9f7rxA1R1ZQmjhncO567NOFY6FKXvBH6jScks&s=uHAj-8ZpK-HYe1iKm4oeJniI1cOTcg1IXjnJtCxQRkc&e=>
-------------- next part --------------
A non-text attachment was scrubbed...
Name: image001.jpg
Type: image/jpeg
Size: 1950 bytes
Desc: image001.jpg
URL: <https://urldefense.proofpoint.com/v2/url?u=http-3A__mailman.fsr.com_pipermail_wsbapt_attachments_20230524_c1b78cd1_image001-2D0001.jpg&d=DwICAg&c=euGZstcaTDllvimEN8b7jXrwqOf-v5A_CdpgnVfiiMM&r=oN3JkEDGkupTWuVes3l0RZhfKP4xFyO5dcDA8kNgBps&m=H-VKNo9f7rxA1R1ZQmjhncO567NOFY6FKXvBH6jScks&s=T92OkXAyYyzLmWr_mqlcNI1HvN6Mw1YBTUv0mA6Pc_k&e=>
------------------------------
Message: 4
Date: Thu, 25 May 2023 18:04:23 +0000
From: Ken Luce <https://urldefense.proofpoint.com/v2/url?u=http-3A__Ken.Luce-40lucelawfirm.com&d=DwICAg&c=euGZstcaTDllvimEN8b7jXrwqOf-v5A_CdpgnVfiiMM&r=oN3JkEDGkupTWuVes3l0RZhfKP4xFyO5dcDA8kNgBps&m=H-VKNo9f7rxA1R1ZQmjhncO567NOFY6FKXvBH6jScks&s=DOgkonLr7uMc0eCeVOTeF5Uv-a8oPVtib2nr0IFKtJE&e=>
To: "'WSBA Probate & Trust Listserv'" <wsbapt at lists.wsbarppt.com>
Subject: [WSBAPT] Responsibility for abatement
Message-ID:
<MW4PR03MB6475FD87E7EB5FCA7865816191469 at MW4PR03MB6475.namprd03.prod.outlook.com>
Content-Type: text/plain; charset="us-ascii"
Father dies sleaving two children .Each gets a house and 50/50 of remainder. One house has hazardous materials. County has filed a complaint to abate the nuisance and a mandatory injunction of the nuisance on the property. Who pays for the abatement and cleanup? The estate or do we transfer the property it to the son and he pays for cleanup.
Kenyon Luce
Luce & Associates, P.S.
5308 12th St E
Tacoma, WA 98424
T: (253) 922-8724
F: (253) 922-2802
https://urldefense.proofpoint.com/v2/url?u=http-3A__www.LuceLawFirm.com&d=DwICAg&c=euGZstcaTDllvimEN8b7jXrwqOf-v5A_CdpgnVfiiMM&r=oN3JkEDGkupTWuVes3l0RZhfKP4xFyO5dcDA8kNgBps&m=H-VKNo9f7rxA1R1ZQmjhncO567NOFY6FKXvBH6jScks&s=AHZ3lFSPr982bDHVavLLZNwYPUX6OAxpGQFr_BL_PbE&e=<https://urldefense.proofpoint.com/v2/url?u=http-3A__www.lucelawfirm.com_&d=DwICAg&c=euGZstcaTDllvimEN8b7jXrwqOf-v5A_CdpgnVfiiMM&r=oN3JkEDGkupTWuVes3l0RZhfKP4xFyO5dcDA8kNgBps&m=H-VKNo9f7rxA1R1ZQmjhncO567NOFY6FKXvBH6jScks&s=k-8rUh_QwayNdtRrwJFA9a10Nqff9et7dW9Kp-lWL4o&e=> [e943ecc8-5be2-4768-a17e-1b829b908afe] <https://urldefense.proofpoint.com/v2/url?u=https-3A__www.facebook.com_pages_Luce-2DKenney-2DAssociates-2DPS_200703820101348&d=DwICAg&c=euGZstcaTDllvimEN8b7jXrwqOf-v5A_CdpgnVfiiMM&r=oN3JkEDGkupTWuVes3l0RZhfKP4xFyO5dcDA8kNgBps&m=H-VKNo9f7rxA1R1ZQmjhncO567NOFY6FKXvBH6jScks&s=HR9IaTzBhltV7SQiwQoOIP1h280Q-Xxx78Jd0VAQNDc&e=>
IMPORTANT NOTICE TO EMAIL RECIPIENTS1. The information contained in this e-mail and accompanying attachments constitute confidential information which may be legally privileged and is intended for the sole use of the addressee. If you are not the intended recipient of this information, any disclosure, copying, distribution or the taking of any action in reliance on this information is strictly prohibited and may be unlawful. This information is the property of Luce & Associates, P.S. If you received this e-mail in error, please notify us immediately by return e-mail or by calling (253) 922-8724.
2. This e-mail transmission may not be secure and may be illegally intercepted. Clients of Luce & Associates, P.S. are asked to use their best judgment in determining whether the topic of an e-mail response is such that it would be better saved for a more secure means of communication.
3. The sender believes that this e-mail and any attachments are free of any virus. However, by reading this message and opening any attachments, the recipient accepts full responsibility for taking remedial action regarding any viruses or other defects.
4. All Luce & Associates' attorneys are licensed to practice law in Washington and do not intend to give legal advice to anyone with legal matters not involving Washington law or federal law or to those who are not clients of this firm.
-------------- next part --------------
An HTML attachment was scrubbed...
URL: <https://urldefense.proofpoint.com/v2/url?u=http-3A__mailman.fsr.com_pipermail_wsbapt_attachments_20230525_401c1647_attachment-2D0001.html&d=DwICAg&c=euGZstcaTDllvimEN8b7jXrwqOf-v5A_CdpgnVfiiMM&r=oN3JkEDGkupTWuVes3l0RZhfKP4xFyO5dcDA8kNgBps&m=H-VKNo9f7rxA1R1ZQmjhncO567NOFY6FKXvBH6jScks&s=6qCR707sjn7scamYjA_ull0E5jHDFTM5WKbj_fFD5Hw&e=>
-------------- next part --------------
A non-text attachment was scrubbed...
Name: image001.gif
Type: image/gif
Size: 1396 bytes
Desc: image001.gif
URL: <https://urldefense.proofpoint.com/v2/url?u=http-3A__mailman.fsr.com_pipermail_wsbapt_attachments_20230525_401c1647_image001-2D0001.gif&d=DwICAg&c=euGZstcaTDllvimEN8b7jXrwqOf-v5A_CdpgnVfiiMM&r=oN3JkEDGkupTWuVes3l0RZhfKP4xFyO5dcDA8kNgBps&m=H-VKNo9f7rxA1R1ZQmjhncO567NOFY6FKXvBH6jScks&s=7rINzIibMCqbJrM_t-tY4cCYsvydwoqsmUZmDtoic1s&e=>
------------------------------
Message: 5
Date: Thu, 25 May 2023 18:22:48 +0000
From: Mark Anderson <marka at mbaesq.com>
To: WSBA Probate & Trust Listserv <wsbapt at lists.wsbarppt.com>
Subject: Re: [WSBAPT] Responsibility for abatement
Message-ID:
<MW2PR12MB2379E5322AD3F30098CE0D91C8469 at MW2PR12MB2379.namprd12.prod.outlook.com>
Content-Type: text/plain; charset="us-ascii"
Ken:
I recommend that the estate pay for the abatement and cleanup first and then transfer the house to the son. A likely expectation of the father was that the value of the two houses was roughly equal. It is similarly likely that the father did not anticipate a government-required cleanup of the property. However, this would reduce the "remainder" available to the two children, impacting the amount received by the second child. As such, I would also recommend that the children enter into a brief TEDRA agreement to approve this arrangement.
If the estate does elect to transfer the problem house to the son before abatement, I recommend using a quitclaim deed rather than a bargain and sale deed because the latter requires that the title be free from encumbrances.
Mark B. Anderson
ANDERSON LAW FIRM PLLC
821 Dock St Ste 209 PMB 4-12
Tacoma, Washington 98402
+1 253-327-1750
+1 253-327-1751 (fax)
marka at mbaesq.com<mailto:marka at mbaesq.com>
https://urldefense.proofpoint.com/v2/url?u=http-3A__www.mbaesq.com&d=DwICAg&c=euGZstcaTDllvimEN8b7jXrwqOf-v5A_CdpgnVfiiMM&r=oN3JkEDGkupTWuVes3l0RZhfKP4xFyO5dcDA8kNgBps&m=H-VKNo9f7rxA1R1ZQmjhncO567NOFY6FKXvBH6jScks&s=x9XWyD0Z2XJJ5tDW_cWKRKG9ELYsI1llUUq6-FrK3zc&e=<https://urldefense.proofpoint.com/v2/url?u=http-3A__www.mbaesq.com_&d=DwICAg&c=euGZstcaTDllvimEN8b7jXrwqOf-v5A_CdpgnVfiiMM&r=oN3JkEDGkupTWuVes3l0RZhfKP4xFyO5dcDA8kNgBps&m=H-VKNo9f7rxA1R1ZQmjhncO567NOFY6FKXvBH6jScks&s=ix2uIodijO_GLdVx1HGfNq8-T3QmYA-kmwvYYwarUsM&e=>
CONFIDENTIALITY NOTICE
This transmission is confidential and is intended solely for the use of the individual named recipient. It may be protected by the attorney-client privilege, work product doctrine, or other confidentiality protection. If you are not the intended recipient, or the person responsible to deliver it to the intended recipient, be advised that any dissemination, distribution, or copying of this communication is prohibited. If you have received this transmission in error, please immediately notify the sender via e-mail or by telephone at (253) 327-1750 that you have received the message in error, and then delete it. Thank you.
From: wsbapt-bounces at lists.wsbarppt.com <wsbapt-bounces at lists.wsbarppt.com> On Behalf Of Ken Luce
Sent: 05/25/2023 11:04 AM
To: 'WSBA Probate & Trust Listserv' <wsbapt at lists.wsbarppt.com>
Subject: [WSBAPT] Responsibility for abatement
Father dies sleaving two children .Each gets a house and 50/50 of remainder. One house has hazardous materials. County has filed a complaint to abate the nuisance and a mandatory injunction of the nuisance on the property. Who pays for the abatement and cleanup? The estate or do we transfer the property it to the son and he pays for cleanup.
Kenyon Luce
Luce & Associates, P.S.
5308 12th St E
Tacoma, WA 98424
T: (253) 922-8724
F: (253) 922-2802
https://urldefense.proofpoint.com/v2/url?u=http-3A__www.LuceLawFirm.com&d=DwICAg&c=euGZstcaTDllvimEN8b7jXrwqOf-v5A_CdpgnVfiiMM&r=oN3JkEDGkupTWuVes3l0RZhfKP4xFyO5dcDA8kNgBps&m=H-VKNo9f7rxA1R1ZQmjhncO567NOFY6FKXvBH6jScks&s=AHZ3lFSPr982bDHVavLLZNwYPUX6OAxpGQFr_BL_PbE&e=<https://urldefense.proofpoint.com/v2/url?u=http-3A__www.lucelawfirm.com_&d=DwICAg&c=euGZstcaTDllvimEN8b7jXrwqOf-v5A_CdpgnVfiiMM&r=oN3JkEDGkupTWuVes3l0RZhfKP4xFyO5dcDA8kNgBps&m=H-VKNo9f7rxA1R1ZQmjhncO567NOFY6FKXvBH6jScks&s=k-8rUh_QwayNdtRrwJFA9a10Nqff9et7dW9Kp-lWL4o&e=> [e943ecc8-5be2-4768-a17e-1b829b908afe] <https://urldefense.proofpoint.com/v2/url?u=https-3A__www.facebook.com_pages_Luce-2DKenney-2DAssociates-2DPS_200703820101348&d=DwICAg&c=euGZstcaTDllvimEN8b7jXrwqOf-v5A_CdpgnVfiiMM&r=oN3JkEDGkupTWuVes3l0RZhfKP4xFyO5dcDA8kNgBps&m=H-VKNo9f7rxA1R1ZQmjhncO567NOFY6FKXvBH6jScks&s=HR9IaTzBhltV7SQiwQoOIP1h280Q-Xxx78Jd0VAQNDc&e=>
IMPORTANT NOTICE TO EMAIL RECIPIENTS1. The information contained in this e-mail and accompanying attachments constitute confidential information which may be legally privileged and is intended for the sole use of the addressee. If you are not the intended recipient of this information, any disclosure, copying, distribution or the taking of any action in reliance on this information is strictly prohibited and may be unlawful. This information is the property of Luce & Associates, P.S. If you received this e-mail in error, please notify us immediately by return e-mail or by calling (253) 922-8724.
2. This e-mail transmission may not be secure and may be illegally intercepted. Clients of Luce & Associates, P.S. are asked to use their best judgment in determining whether the topic of an e-mail response is such that it would be better saved for a more secure means of communication.
3. The sender believes that this e-mail and any attachments are free of any virus. However, by reading this message and opening any attachments, the recipient accepts full responsibility for taking remedial action regarding any viruses or other defects.
4. All Luce & Associates' attorneys are licensed to practice law in Washington and do not intend to give legal advice to anyone with legal matters not involving Washington law or federal law or to those who are not clients of this firm.
-------------- next part --------------
An HTML attachment was scrubbed...
URL: <https://urldefense.proofpoint.com/v2/url?u=http-3A__mailman.fsr.com_pipermail_wsbapt_attachments_20230525_a97f9057_attachment-2D0001.html&d=DwICAg&c=euGZstcaTDllvimEN8b7jXrwqOf-v5A_CdpgnVfiiMM&r=oN3JkEDGkupTWuVes3l0RZhfKP4xFyO5dcDA8kNgBps&m=H-VKNo9f7rxA1R1ZQmjhncO567NOFY6FKXvBH6jScks&s=9bbBovkB2nmMp76zvsltXqsLKr_iesPFEuTJXjvpV8w&e=>
-------------- next part --------------
A non-text attachment was scrubbed...
Name: image001.gif
Type: image/gif
Size: 1396 bytes
Desc: image001.gif
URL: <https://urldefense.proofpoint.com/v2/url?u=http-3A__mailman.fsr.com_pipermail_wsbapt_attachments_20230525_a97f9057_image001-2D0001.gif&d=DwICAg&c=euGZstcaTDllvimEN8b7jXrwqOf-v5A_CdpgnVfiiMM&r=oN3JkEDGkupTWuVes3l0RZhfKP4xFyO5dcDA8kNgBps&m=H-VKNo9f7rxA1R1ZQmjhncO567NOFY6FKXvBH6jScks&s=5ZPv-JBp131tAWkhykbLjATfJszsKIkrglwjvUs8aTM&e=>
------------------------------
Message: 6
Date: Thu, 25 May 2023 18:36:33 +0000
From: "michael https://urldefense.proofpoint.com/v2/url?u=http-3A__westseattleattorney.com&d=DwICAg&c=euGZstcaTDllvimEN8b7jXrwqOf-v5A_CdpgnVfiiMM&r=oN3JkEDGkupTWuVes3l0RZhfKP4xFyO5dcDA8kNgBps&m=H-VKNo9f7rxA1R1ZQmjhncO567NOFY6FKXvBH6jScks&s=ZawQt99HFLX4r-9wNi9Ops810ykA97MvcwWkdl_QcF4&e="
<michael at westseattleattorney.com>
To: WSBA Probate & Trust Listserv <wsbapt at lists.wsbarppt.com>
Subject: Re: [WSBAPT] Responsibility for abatement
Message-ID:
<6AA43483-E94E-42A7-8C71-001FF6D5C1A7 at westseattleattorney.com>
Content-Type: text/plain; charset="utf-8"
Doesn?t specific house bequest vest immediately upon death ?
Sent from my iPhone
On May 25, 2023, at 11:21 AM, Ken Luce <https://urldefense.proofpoint.com/v2/url?u=http-3A__Ken.Luce-40lucelawfirm.com&d=DwICAg&c=euGZstcaTDllvimEN8b7jXrwqOf-v5A_CdpgnVfiiMM&r=oN3JkEDGkupTWuVes3l0RZhfKP4xFyO5dcDA8kNgBps&m=H-VKNo9f7rxA1R1ZQmjhncO567NOFY6FKXvBH6jScks&s=DOgkonLr7uMc0eCeVOTeF5Uv-a8oPVtib2nr0IFKtJE&e=> wrote:
?
Father dies sleaving two children .Each gets a house and 50/50 of remainder. One house has hazardous materials. County has filed a complaint to abate the nuisance and a mandatory injunction of the nuisance on the property. Who pays for the abatement and cleanup? The estate or do we transfer the property it to the son and he pays for cleanup.
Kenyon Luce
Luce & Associates, P.S.
5308 12th St E
Tacoma, WA 98424
T: (253) 922-8724
F: (253) 922-2802
https://urldefense.proofpoint.com/v2/url?u=http-3A__www.LuceLawFirm.com&d=DwICAg&c=euGZstcaTDllvimEN8b7jXrwqOf-v5A_CdpgnVfiiMM&r=oN3JkEDGkupTWuVes3l0RZhfKP4xFyO5dcDA8kNgBps&m=H-VKNo9f7rxA1R1ZQmjhncO567NOFY6FKXvBH6jScks&s=AHZ3lFSPr982bDHVavLLZNwYPUX6OAxpGQFr_BL_PbE&e=<https://urldefense.proofpoint.com/v2/url?u=http-3A__www.lucelawfirm.com_&d=DwICAg&c=euGZstcaTDllvimEN8b7jXrwqOf-v5A_CdpgnVfiiMM&r=oN3JkEDGkupTWuVes3l0RZhfKP4xFyO5dcDA8kNgBps&m=H-VKNo9f7rxA1R1ZQmjhncO567NOFY6FKXvBH6jScks&s=k-8rUh_QwayNdtRrwJFA9a10Nqff9et7dW9Kp-lWL4o&e=> <https://urldefense.proofpoint.com/v2/url?u=https-3A__www.facebook.com_pages_Luce-2DKenney-2DAssociates-2DPS_200703820101348&d=DwICAg&c=euGZstcaTDllvimEN8b7jXrwqOf-v5A_CdpgnVfiiMM&r=oN3JkEDGkupTWuVes3l0RZhfKP4xFyO5dcDA8kNgBps&m=H-VKNo9f7rxA1R1ZQmjhncO567NOFY6FKXvBH6jScks&s=HR9IaTzBhltV7SQiwQoOIP1h280Q-Xxx78Jd0VAQNDc&e=>
<https://urldefense.proofpoint.com/v2/url?u=http-3A__image001.gif&d=DwICAg&c=euGZstcaTDllvimEN8b7jXrwqOf-v5A_CdpgnVfiiMM&r=oN3JkEDGkupTWuVes3l0RZhfKP4xFyO5dcDA8kNgBps&m=H-VKNo9f7rxA1R1ZQmjhncO567NOFY6FKXvBH6jScks&s=dyVVxj004XL0bFeuFn6dDmaVdWJrqUim1vTTpmyQYjM&e=>
IMPORTANT NOTICE TO EMAIL RECIPIENTS1. The information contained in this e-mail and accompanying attachments constitute confidential information which may be legally privileged and is intended for the sole use of the addressee. If you are not the intended recipient of this information, any disclosure, copying, distribution or the taking of any action in reliance on this information is strictly prohibited and may be unlawful. This information is the property of Luce & Associates, P.S. If you received this e-mail in error, please notify us immediately by return e-mail or by calling (253) 922-8724.
2. This e-mail transmission may not be secure and may be illegally intercepted. Clients of Luce & Associates, P.S. are asked to use their best judgment in determining whether the topic of an e-mail response is such that it would be better saved for a more secure means of communication.
3. The sender believes that this e-mail and any attachments are free of any virus. However, by reading this message and opening any attachments, the recipient accepts full responsibility for taking remedial action regarding any viruses or other defects.
4. All Luce & Associates? attorneys are licensed to practice law in Washington and do not intend to give legal advice to anyone with legal matters not involving Washington law or federal law or to those who are not clients of this firm.
***Disclaimer: Please note that RPPT listserv participation is not restricted to practicing attorneys and may include non-practicing attorneys, law students, professionals working in related fields, and others.***
_______________________________________________
WSBAPT mailing list
WSBAPT at lists.wsbarppt.com
https://urldefense.proofpoint.com/v2/url?u=http-3A__mailman.fsr.com_mailman_listinfo_wsbapt&d=DwICAg&c=euGZstcaTDllvimEN8b7jXrwqOf-v5A_CdpgnVfiiMM&r=oN3JkEDGkupTWuVes3l0RZhfKP4xFyO5dcDA8kNgBps&m=H-VKNo9f7rxA1R1ZQmjhncO567NOFY6FKXvBH6jScks&s=JKzQ4VPsOdR2gJXZECHOdnYpNntcptX3sOnmeDpQ52c&e=
-------------- next part --------------
An HTML attachment was scrubbed...
URL: <https://urldefense.proofpoint.com/v2/url?u=http-3A__mailman.fsr.com_pipermail_wsbapt_attachments_20230525_fa3be9e0_attachment-2D0001.html&d=DwICAg&c=euGZstcaTDllvimEN8b7jXrwqOf-v5A_CdpgnVfiiMM&r=oN3JkEDGkupTWuVes3l0RZhfKP4xFyO5dcDA8kNgBps&m=H-VKNo9f7rxA1R1ZQmjhncO567NOFY6FKXvBH6jScks&s=Dn68Ymg9zC8jdmTWkn0TK2Zj_VwrCv4aWm-emZAPolw&e=>
------------------------------
Message: 7
Date: Thu, 25 May 2023 18:39:09 +0000
From: Roger Hawkes <roger at skyvalleylawyers.com>
To: WSBA Probate & Trust Listserv <wsbapt at lists.wsbarppt.com>
Subject: Re: [WSBAPT] Responsibility for abatement
Message-ID:
<CO6PR20MB36687139F9A75D37EFB28D37D5469 at CO6PR20MB3668.namprd20.prod.outlook.com>
Content-Type: text/plain; charset="us-ascii"
Is there nonintervention power of PR?
From: wsbapt-bounces at lists.wsbarppt.com <wsbapt-bounces at lists.wsbarppt.com> On Behalf Of Mark Anderson
Sent: Thursday, May 25, 2023 11:23 AM
To: WSBA Probate & Trust Listserv <wsbapt at lists.wsbarppt.com>
Subject: Re: [WSBAPT] Responsibility for abatement
Ken:
I recommend that the estate pay for the abatement and cleanup first and then transfer the house to the son. A likely expectation of the father was that the value of the two houses was roughly equal. It is similarly likely that the father did not anticipate a government-required cleanup of the property. However, this would reduce the "remainder" available to the two children, impacting the amount received by the second child. As such, I would also recommend that the children enter into a brief TEDRA agreement to approve this arrangement.
If the estate does elect to transfer the problem house to the son before abatement, I recommend using a quitclaim deed rather than a bargain and sale deed because the latter requires that the title be free from encumbrances.
Mark B. Anderson
ANDERSON LAW FIRM PLLC
821 Dock St Ste 209 PMB 4-12
Tacoma, Washington 98402
+1 253-327-1750
+1 253-327-1751 (fax)
marka at mbaesq.com<mailto:marka at mbaesq.com>
https://urldefense.proofpoint.com/v2/url?u=http-3A__www.mbaesq.com&d=DwICAg&c=euGZstcaTDllvimEN8b7jXrwqOf-v5A_CdpgnVfiiMM&r=oN3JkEDGkupTWuVes3l0RZhfKP4xFyO5dcDA8kNgBps&m=H-VKNo9f7rxA1R1ZQmjhncO567NOFY6FKXvBH6jScks&s=x9XWyD0Z2XJJ5tDW_cWKRKG9ELYsI1llUUq6-FrK3zc&e=<https://urldefense.proofpoint.com/v2/url?u=http-3A__www.mbaesq.com_&d=DwICAg&c=euGZstcaTDllvimEN8b7jXrwqOf-v5A_CdpgnVfiiMM&r=oN3JkEDGkupTWuVes3l0RZhfKP4xFyO5dcDA8kNgBps&m=H-VKNo9f7rxA1R1ZQmjhncO567NOFY6FKXvBH6jScks&s=ix2uIodijO_GLdVx1HGfNq8-T3QmYA-kmwvYYwarUsM&e=>
CONFIDENTIALITY NOTICE
This transmission is confidential and is intended solely for the use of the individual named recipient. It may be protected by the attorney-client privilege, work product doctrine, or other confidentiality protection. If you are not the intended recipient, or the person responsible to deliver it to the intended recipient, be advised that any dissemination, distribution, or copying of this communication is prohibited. If you have received this transmission in error, please immediately notify the sender via e-mail or by telephone at (253) 327-1750 that you have received the message in error, and then delete it. Thank you.
From: wsbapt-bounces at lists.wsbarppt.com<mailto:wsbapt-bounces at lists.wsbarppt.com> <wsbapt-bounces at lists.wsbarppt.com<mailto:wsbapt-bounces at lists.wsbarppt.com>> On Behalf Of Ken Luce
Sent: 05/25/2023 11:04 AM
To: 'WSBA Probate & Trust Listserv' <wsbapt at lists.wsbarppt.com<mailto:wsbapt at lists.wsbarppt.com>>
Subject: [WSBAPT] Responsibility for abatement
Father dies sleaving two children .Each gets a house and 50/50 of remainder. One house has hazardous materials. County has filed a complaint to abate the nuisance and a mandatory injunction of the nuisance on the property. Who pays for the abatement and cleanup? The estate or do we transfer the property it to the son and he pays for cleanup.
Kenyon Luce
Luce & Associates, P.S.
5308 12th St E
Tacoma, WA 98424
T: (253) 922-8724
F: (253) 922-2802
https://urldefense.proofpoint.com/v2/url?u=http-3A__www.LuceLawFirm.com&d=DwICAg&c=euGZstcaTDllvimEN8b7jXrwqOf-v5A_CdpgnVfiiMM&r=oN3JkEDGkupTWuVes3l0RZhfKP4xFyO5dcDA8kNgBps&m=H-VKNo9f7rxA1R1ZQmjhncO567NOFY6FKXvBH6jScks&s=AHZ3lFSPr982bDHVavLLZNwYPUX6OAxpGQFr_BL_PbE&e=<https://urldefense.proofpoint.com/v2/url?u=http-3A__www.lucelawfirm.com_&d=DwICAg&c=euGZstcaTDllvimEN8b7jXrwqOf-v5A_CdpgnVfiiMM&r=oN3JkEDGkupTWuVes3l0RZhfKP4xFyO5dcDA8kNgBps&m=H-VKNo9f7rxA1R1ZQmjhncO567NOFY6FKXvBH6jScks&s=k-8rUh_QwayNdtRrwJFA9a10Nqff9et7dW9Kp-lWL4o&e=> [e943ecc8-5be2-4768-a17e-1b829b908afe] <https://urldefense.proofpoint.com/v2/url?u=https-3A__www.facebook.com_pages_Luce-2DKenney-2DAssociates-2DPS_200703820101348&d=DwICAg&c=euGZstcaTDllvimEN8b7jXrwqOf-v5A_CdpgnVfiiMM&r=oN3JkEDGkupTWuVes3l0RZhfKP4xFyO5dcDA8kNgBps&m=H-VKNo9f7rxA1R1ZQmjhncO567NOFY6FKXvBH6jScks&s=HR9IaTzBhltV7SQiwQoOIP1h280Q-Xxx78Jd0VAQNDc&e=>
IMPORTANT NOTICE TO EMAIL RECIPIENTS1. The information contained in this e-mail and accompanying attachments constitute confidential information which may be legally privileged and is intended for the sole use of the addressee. If you are not the intended recipient of this information, any disclosure, copying, distribution or the taking of any action in reliance on this information is strictly prohibited and may be unlawful. This information is the property of Luce & Associates, P.S. If you received this e-mail in error, please notify us immediately by return e-mail or by calling (253) 922-8724.
2. This e-mail transmission may not be secure and may be illegally intercepted. Clients of Luce & Associates, P.S. are asked to use their best judgment in determining whether the topic of an e-mail response is such that it would be better saved for a more secure means of communication.
3. The sender believes that this e-mail and any attachments are free of any virus. However, by reading this message and opening any attachments, the recipient accepts full responsibility for taking remedial action regarding any viruses or other defects.
4. All Luce & Associates' attorneys are licensed to practice law in Washington and do not intend to give legal advice to anyone with legal matters not involving Washington law or federal law or to those who are not clients of this firm.
-------------- next part --------------
An HTML attachment was scrubbed...
URL: <https://urldefense.proofpoint.com/v2/url?u=http-3A__mailman.fsr.com_pipermail_wsbapt_attachments_20230525_248f9bdc_attachment-2D0001.html&d=DwICAg&c=euGZstcaTDllvimEN8b7jXrwqOf-v5A_CdpgnVfiiMM&r=oN3JkEDGkupTWuVes3l0RZhfKP4xFyO5dcDA8kNgBps&m=H-VKNo9f7rxA1R1ZQmjhncO567NOFY6FKXvBH6jScks&s=PsigNIalS734SfA0DMWo_wik8anFf-l58UgvsOPrD70&e=>
-------------- next part --------------
A non-text attachment was scrubbed...
Name: image001.gif
Type: image/gif
Size: 1396 bytes
Desc: image001.gif
URL: <https://urldefense.proofpoint.com/v2/url?u=http-3A__mailman.fsr.com_pipermail_wsbapt_attachments_20230525_248f9bdc_image001-2D0001.gif&d=DwICAg&c=euGZstcaTDllvimEN8b7jXrwqOf-v5A_CdpgnVfiiMM&r=oN3JkEDGkupTWuVes3l0RZhfKP4xFyO5dcDA8kNgBps&m=H-VKNo9f7rxA1R1ZQmjhncO567NOFY6FKXvBH6jScks&s=pHR1QRjb2wqZeimWCaz4snEpo_m3pzIkgoyw7snnhy4&e=>
------------------------------
Message: 8
Date: Thu, 25 May 2023 18:49:11 +0000
From: Roger Hawkes <roger at skyvalleylawyers.com>
To: WSBA Probate & Trust Listserv <wsbapt at lists.wsbarppt.com>
Subject: Re: [WSBAPT] Responsibility for abatement
Message-ID:
<CO6PR20MB36687244079F4DDEDDF8221ED5469 at CO6PR20MB3668.namprd20.prod.outlook.com>
Content-Type: text/plain; charset="utf-8"
I think that is common law rule; the practical side is ?who is on recorded title?? that is who will get punished if not cleaned up.
From: wsbapt-bounces at lists.wsbarppt.com <wsbapt-bounces at lists.wsbarppt.com> On Behalf Of michael https://urldefense.proofpoint.com/v2/url?u=http-3A__westseattleattorney.com&d=DwICAg&c=euGZstcaTDllvimEN8b7jXrwqOf-v5A_CdpgnVfiiMM&r=oN3JkEDGkupTWuVes3l0RZhfKP4xFyO5dcDA8kNgBps&m=H-VKNo9f7rxA1R1ZQmjhncO567NOFY6FKXvBH6jScks&s=ZawQt99HFLX4r-9wNi9Ops810ykA97MvcwWkdl_QcF4&e=
Sent: Thursday, May 25, 2023 11:37 AM
To: WSBA Probate & Trust Listserv <wsbapt at lists.wsbarppt.com>
Subject: Re: [WSBAPT] Responsibility for abatement
Doesn?t specific house bequest vest immediately upon death ?
Sent from my iPhone
On May 25, 2023, at 11:21 AM, Ken Luce <https://urldefense.proofpoint.com/v2/url?u=http-3A__Ken.Lu&d=DwICAg&c=euGZstcaTDllvimEN8b7jXrwqOf-v5A_CdpgnVfiiMM&r=oN3JkEDGkupTWuVes3l0RZhfKP4xFyO5dcDA8kNgBps&m=H-VKNo9f7rxA1R1ZQmjhncO567NOFY6FKXvBH6jScks&s=8OhYmufT3IsjhfBh5cgTInXD9-UgPzjKH4chL8fmusY&e=ce@lucelawfirm.com<mailto:Ken.Luce@lucelawfirm.com>> wrote:
?
Father dies sleaving two children .Each gets a house and 50/50 of remainder. One house has hazardous materials. County has filed a complaint to abate the nuisance and a mandatory injunction of the nuisance on the property. Who pays for the abatement and cleanup? The estate or do we transfer the property it to the son and he pays for cleanup.
Kenyon Luce
Luce & Associates, P.S.
5308 12th St E
Tacoma, WA 98424
T: (253) 922-8724
F: (253) 922-2802
https://urldefense.proofpoint.com/v2/url?u=http-3A__www.LuceLawFirm.com&d=DwICAg&c=euGZstcaTDllvimEN8b7jXrwqOf-v5A_CdpgnVfiiMM&r=oN3JkEDGkupTWuVes3l0RZhfKP4xFyO5dcDA8kNgBps&m=H-VKNo9f7rxA1R1ZQmjhncO567NOFY6FKXvBH6jScks&s=AHZ3lFSPr982bDHVavLLZNwYPUX6OAxpGQFr_BL_PbE&e=<https://urldefense.proofpoint.com/v2/url?u=http-3A__www.lucelawfirm.com_&d=DwICAg&c=euGZstcaTDllvimEN8b7jXrwqOf-v5A_CdpgnVfiiMM&r=oN3JkEDGkupTWuVes3l0RZhfKP4xFyO5dcDA8kNgBps&m=H-VKNo9f7rxA1R1ZQmjhncO567NOFY6FKXvBH6jScks&s=k-8rUh_QwayNdtRrwJFA9a10Nqff9et7dW9Kp-lWL4o&e=> <https://urldefense.proofpoint.com/v2/url?u=https-3A__www.facebook.com_pages_Luce-2DKenney-2DAssociates-2DPS_200703820101348&d=DwICAg&c=euGZstcaTDllvimEN8b7jXrwqOf-v5A_CdpgnVfiiMM&r=oN3JkEDGkupTWuVes3l0RZhfKP4xFyO5dcDA8kNgBps&m=H-VKNo9f7rxA1R1ZQmjhncO567NOFY6FKXvBH6jScks&s=HR9IaTzBhltV7SQiwQoOIP1h280Q-Xxx78Jd0VAQNDc&e=>
<https://urldefense.proofpoint.com/v2/url?u=http-3A__image001.gif&d=DwICAg&c=euGZstcaTDllvimEN8b7jXrwqOf-v5A_CdpgnVfiiMM&r=oN3JkEDGkupTWuVes3l0RZhfKP4xFyO5dcDA8kNgBps&m=H-VKNo9f7rxA1R1ZQmjhncO567NOFY6FKXvBH6jScks&s=dyVVxj004XL0bFeuFn6dDmaVdWJrqUim1vTTpmyQYjM&e=><https://urldefense.proofpoint.com/v2/url?u=https-3A__www.facebook.com_pages_Luce-2DKenney-2DAssociates-2DPS_200703820101348&d=DwICAg&c=euGZstcaTDllvimEN8b7jXrwqOf-v5A_CdpgnVfiiMM&r=oN3JkEDGkupTWuVes3l0RZhfKP4xFyO5dcDA8kNgBps&m=H-VKNo9f7rxA1R1ZQmjhncO567NOFY6FKXvBH6jScks&s=HR9IaTzBhltV7SQiwQoOIP1h280Q-Xxx78Jd0VAQNDc&e=>
IMPORTANT NOTICE TO EMAIL RECIPIENTS1. The information contained in this e-mail and accompanying attachments constitute confidential information which may be legally privileged and is intended for the sole use of the addressee. If you are not the intended recipient of this information, any disclosure, copying, distribution or the taking of any action in reliance on this information is strictly prohibited and may be unlawful. This information is the property of Luce & Associates, P.S. If you received this e-mail in error, please notify us immediately by return e-mail or by calling (253) 922-8724.
2. This e-mail transmission may not be secure and may be illegally intercepted. Clients of Luce & Associates, P.S. are asked to use their best judgment in determining whether the topic of an e-mail response is such that it would be better saved for a more secure means of communication.
3. The sender believes that this e-mail and any attachments are free of any virus. However, by reading this message and opening any attachments, the recipient accepts full responsibility for taking remedial action regarding any viruses or other defects.
4. All Luce & Associates? attorneys are licensed to practice law in Washington and do not intend to give legal advice to anyone with legal matters not involving Washington law or federal law or to those who are not clients of this firm.
***Disclaimer: Please note that RPPT listserv participation is not restricted to practicing attorneys and may include non-practicing attorneys, law students, professionals working in related fields, and others.***
_______________________________________________
WSBAPT mailing list
WSBAPT at lists.wsbarppt.com<mailto:WSBAPT at lists.wsbarppt.com>
https://urldefense.proofpoint.com/v2/url?u=http-3A__mailman.fsr.com_mailman_listinfo_wsbapt&d=DwICAg&c=euGZstcaTDllvimEN8b7jXrwqOf-v5A_CdpgnVfiiMM&r=oN3JkEDGkupTWuVes3l0RZhfKP4xFyO5dcDA8kNgBps&m=H-VKNo9f7rxA1R1ZQmjhncO567NOFY6FKXvBH6jScks&s=JKzQ4VPsOdR2gJXZECHOdnYpNntcptX3sOnmeDpQ52c&e=
-------------- next part --------------
An HTML attachment was scrubbed...
URL: <https://urldefense.proofpoint.com/v2/url?u=http-3A__mailman.fsr.com_pipermail_wsbapt_attachments_20230525_a64144a5_attachment-2D0001.html&d=DwICAg&c=euGZstcaTDllvimEN8b7jXrwqOf-v5A_CdpgnVfiiMM&r=oN3JkEDGkupTWuVes3l0RZhfKP4xFyO5dcDA8kNgBps&m=H-VKNo9f7rxA1R1ZQmjhncO567NOFY6FKXvBH6jScks&s=CT6D6iNrPtIqUT7QZDmwYJ-kNv2MXi3n_oqWkq-yLgY&e=>
------------------------------
***Disclaimer: Please note that RPPT listserv participation is not restricted to practicing attorneys and may include non-practicing attorneys, law students, professionals working in related fields, and others.***
_______________________________________________
WSBAPT mailing list
WSBAPT at lists.wsbarppt.com
https://urldefense.proofpoint.com/v2/url?u=http-3A__mailman.fsr.com_mailman_listinfo_wsbapt&d=DwICAg&c=euGZstcaTDllvimEN8b7jXrwqOf-v5A_CdpgnVfiiMM&r=oN3JkEDGkupTWuVes3l0RZhfKP4xFyO5dcDA8kNgBps&m=H-VKNo9f7rxA1R1ZQmjhncO567NOFY6FKXvBH6jScks&s=JKzQ4VPsOdR2gJXZECHOdnYpNntcptX3sOnmeDpQ52c&e=
End of WSBAPT Digest, Vol 104, Issue 29
***************************************
----------
This email has been scanned for spam and viruses. Visit the following link to report this email as spam:
https://procirrus.cloud-protect.net/index01.php?mod_id=11&mod_option=logitem&mail_id=1685041263-jetnmwv1Lesx&r_address=kcobb%40freybuck.com&report=1
More information about the WSBAPT
mailing list