[WSBAPT] Intestate Estate Question

[jbdolan at jbdolan.com]

Colleagues:

 

Mom and Dad are parents of two children.  Mom inherits a parcel of RP, and
dies very soon after.  Without a Will.  

 

Per intestacy, Dad gets ½ and two children get ¼ each.  Both children want
Dad to receive the entire parcel.  

 

This may be a silly question – but I am trying to figure out the best way to
accomplish getting the entire RP to Dad.  It seems to me the cleanest route
would be a two step process: Administrator’s Deed to Dad and two children,
then two children QCD their interest to Dad.  Gift tax is not an issue.

 

Would others handle this differently?  Disclaimer?  TEDRA?

 

Thanks in advance for any pearls of wisdom.

 

Jim Dolan

 

=========================

 

Jones Butler Dolan, PS

P.O. Box 458

10027 SR 532

Stanwood, WA 98292

(tel) 360-336-2939

(fax) 360-336-2949

 

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