[WSBAPT] coins in an estate

Joshua McKarcher josh at mckarcherlaw.com
Thu Apr 25 09:32:23 PDT 2024


Fascinating case on many fronts – thanks for sharing!

From: wsbapt-bounces at lists.wsbarppt.com <wsbapt-bounces at lists.wsbarppt.com> On Behalf Of Karen E. Boxx
Sent: Thursday, April 25, 2024 8:23 AM
To: WSBA Probate & Trust Listserv <wsbapt at lists.wsbarppt.com>
Subject: Re: [WSBAPT] coins in an estate

Phil - check out estate of Lowe, 191 wn app 216.  They hid the silver coins (a lot of it!) in the fireplace flue.

Professor Karen E. Boxx

University of Washington School of Law

Box 353020

Seattle, WA 98195-3020
206.616.3856
Sent from my iPad


On Apr 25, 2024, at 6:03 AM, Joshua McKarcher <josh at mckarcherlaw.com<mailto:josh at mckarcherlaw.com>> wrote:

I don’t know case law answering your question, which is at least theoretically different from the following, but RCW 11.12.260(4), authorizing a written “tangible personal property memo,” specifically defines precious metals such as coins and bullion as TPP eligible for disposition by such a memorandum (and at least by implication not as “money that is normal currency or normal legal tender”) . . . . if that helps. Best, Josh

Joshua D. McKarcher
McKarcher Law PLLC
537 6th Street
Clarkston, WA 99403
(509) 758-3345
(509) 758-3314 (fax)
josh at mckarcherlaw.com<mailto:josh at mckarcherlaw.com>
www.mckarcherlaw.com<https://urldefense.com/v3/__http:/www.mckarcherlaw.com__;!!K-Hz7m0Vt54!gBV-V-47Ybk78kJ_J8L6Xw-_5Xi6VhGCP4AQpionWwAigePhFzhDEhHW4sPkW4Z5-kTuyyNwoXelx2E$>
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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 Philip N. Jones <pjones at duffykekel.com<mailto:pjones at duffykekel.com>>
Sent: Wednesday, April 24, 2024 2:14 PM
To: wsbapt at lists.wsbarppt.com<mailto:wsbapt at lists.wsbarppt.com> <wsbapt at lists.wsbarppt.com<mailto:wsbapt at lists.wsbarppt.com>>
Subject: [WSBAPT] coins in an estate

Decedent died with gold coins and silver coins in her safe.
In Oregon, cash, currency, and coins are tangible assets, according to Hayes’ Estate, 161 Or. 1, 86 P.2d 424 (1939).  They are not considered to be money.
What is the rule in Washington?
Thanks,
Phil Jones

Philip N. Jones |Duffy Kekel LLP
900 S.W. Fifth Ave., Suite 2500, Portland OR 97204
(503) 226-1371 (main) ) | (503) 226-3574 (fax)
(503) 853-1482 (cell)
pjones at duffykekel.com<mailto:pjones at duffykekel.com>

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