[WSBAPT] One Heir Purchasing Other Heir's interest in House

[Robin Swanson]

I'm co-counsel on a similar case. I might consider a TEDRA with P/S
Agreement. While a TEDRA agreement itself does not require a purchase and
sale agreement, including one may be prudent to ensure clarity and
enforceability of the terms related to the buyout of real property. This
would align with the statutory requirements for real estate transactions
and provide a comprehensive resolution under the TEDRA agreement.

On Wed, Jun 18, 2025 at 7:53 PM Mark Anderson <marka at mbaesq.com> wrote:

> I did this last year, I think, using a TEDRA agreement.  I would be happy
> to share what I have.
>
>
>
>
> *Mark B. Anderson *ANDERSON LAW FIRM PLLC
> 821 Dock Street, Suite 209, PMB 4-12
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> marka at mbaesq.com
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> *From:* wsbapt-bounces at lists.wsbarppt.com <
> wsbapt-bounces at lists.wsbarppt.com> *On Behalf Of *
> Jeff at bellanddavispllc.com
> *Sent:* Tuesday, June 17, 2025 1:13 PM
> *To:* 'WSBA Probate & Trust Listserv' <wsbapt at lists.wsbarppt.com>
> *Subject:* [WSBAPT] One Heir Purchasing Other Heir's interest in House
>
>
>
> Listmates:
>
>
>
> Mom passed.  Her two children will share equally.  One wants to purchase
> the other’s interest in mom’s home by paying $X to the other heir.  How
> best to structure this?  Is  P & S done with the estate with the proceeds
> going directly to the other heir and the PR deed going to the buying heir?
> Does anyone have a contract, they can share, that does this?
>
>
>
> Jeff Davis
>
>
>
> *W. Jeff Davis*
>
> *BELL & DAVIS PLLC*
>
> *Attorneys at Law*
> P.O. Box 510
>
> 720 E. Washington Street, Suite 105
> Sequim WA 98382
> Phone: (360) 683.1129
> Fax: (360) 683.1258
> email: jeff at bellanddavispllc.com
> www.bellanddavispllc.com
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-- 

Robin Swanson

Secure Legal Legacy, PLLC


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