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<p class="MsoNormal"><span style="color:#1F497D">Karen: is the Law Review article publicly available online?<o:p></o:p></span></p>
<p class="MsoNormal"><span style="color:#1F497D"><o:p> </o:p></span></p>
<div>
<p class="MsoNormal"><span style="color:#1F497D">Roger Hawkes, WSBA # 5173<o:p></o:p></span></p>
<p class="MsoNormal"><span style="color:#1F497D">19909 Ballinger Way NE<o:p></o:p></span></p>
<p class="MsoNormal"><span style="color:#1F497D">Shoreline, WA 98155<o:p></o:p></span></p>
<p class="MsoNormal"><span style="color:#1F497D"><a href="http://www.hawkeslawfirm.com"><span style="color:blue">www.hawkeslawfirm.com</span></a><o:p></o:p></span></p>
<p class="MsoNormal"><span style="color:#1F497D">206 367 5000<o:p></o:p></span></p>
<p class="MsoNormal"><span style="color:#1F497D">Fax is 206 367 4005<o:p></o:p></span></p>
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<p class="MsoNormal"><span style="color:#1F497D"><o:p> </o:p></span></p>
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<p class="MsoNormal"><b><span style="font-size:10.0pt;font-family:"Tahoma","sans-serif"">From:</span></b><span style="font-size:10.0pt;font-family:"Tahoma","sans-serif""> Karen E. Boxx [mailto:kboxx@uw.edu]
<br>
<b>Sent:</b> Wednesday, May 20, 2015 12:39 PM<br>
<b>To:</b> WSBA Probate & Trust Listserv<br>
<b>Subject:</b> Re: [WSBAPT] 11.98.072 Notice<o:p></o:p></span></p>
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<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal"><span style="color:#1F497D">The duty to keep qualified beneficiaries reasonably informed is the common law duty and is never waivable. In other words, a secret trust is no trust at all. The 2011 revisions to the trust statutes, based on
the UTC, provided a specific duty to inform beneficiaries when a trust was created, and the 2013 amendments made that duty waivable. The waiver of the notice when the trust was created was something requested by practitioners.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="color:#1F497D"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="color:#1F497D">It’s true that “keeping beneficiaries reasonably informed” is vague, but there were objections to the 2011 provisions that would have made that more specific and provided safe harbors. Under the 2013 amendments,
it’s up to the trustee (and a court evaluating a trustee’s actions) to interpret what’s necessary for a beneficiary to protect his or her interests.
<o:p></o:p></span></p>
<p class="MsoNormal"><span style="color:#1F497D"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="color:#1F497D">I hate to sound like a broken record, but there are several pages on the evolution of the current notice requirements in my and Katie Growblewski’s law review article.
<o:p></o:p></span></p>
<p class="MsoNormal"><span style="color:#1F497D"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="color:#1F497D">karen<o:p></o:p></span></p>
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<p class="MsoNormal"><b><span style="font-size:10.0pt;font-family:"Tahoma","sans-serif"">From:</span></b><span style="font-size:10.0pt;font-family:"Tahoma","sans-serif"">
<a href="mailto:wsbapt-bounces@lists.wsbarppt.com">wsbapt-bounces@lists.wsbarppt.com</a> [<a href="mailto:wsbapt-bounces@lists.wsbarppt.com">mailto:wsbapt-bounces@lists.wsbarppt.com</a>]
<b>On Behalf Of </b>Jacob Menashe<br>
<b>Sent:</b> Wednesday, May 20, 2015 11:45 AM<br>
<b>To:</b> WSBA Probate & Trust Listserv<br>
<b>Subject:</b> Re: [WSBAPT] 11.98.072 Notice<o:p></o:p></span></p>
</div>
</div>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal"><span style="color:#1F497D">Thank you so much – and especially for including the yellow highlighting. But I’m not even sure if I am reading this right. Is this just another reason, beyond what I asked before, for the proposition that a
person can’t set up an irrevocable trust without the trustee having the duty to kept remainder beneficiaries reasonably informed (unless there’s a spouse involved as referred to in subsection 3)? And if that’s the case, what meaning is there in saying the
trustor can waive the notice requirements of subsections 2 and 3? <o:p></o:p></span></p>
<p class="MsoNormal"><span style="color:#1F497D"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="color:#1F497D">Jacob<o:p></o:p></span></p>
<p class="MsoNormal"><span style="color:#1F497D"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="color:#1F497D"><o:p> </o:p></span></p>
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<div style="border:none;border-top:solid #E1E1E1 1.0pt;padding:3.0pt 0in 0in 0in">
<p class="MsoNormal"><b>From:</b> <a href="mailto:wsbapt-bounces@lists.wsbarppt.com">
wsbapt-bounces@lists.wsbarppt.com</a> [<a href="mailto:wsbapt-bounces@lists.wsbarppt.com">mailto:wsbapt-bounces@lists.wsbarppt.com</a>]
<b>On Behalf Of </b>Sam Furgason<br>
<b>Sent:</b> Wednesday, May 20, 2015 11:15 AM<br>
<b>To:</b> 'WSBA Probate & Trust Listserv'<br>
<b>Subject:</b> Re: [WSBAPT] 11.98.072 Notice<o:p></o:p></p>
</div>
</div>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal"><span style="font-size:12.0pt">Don’t forget<o:p></o:p></span></p>
<h3>11.97.010<br>
Power of trustor — Trust provisions control.<o:p></o:p></h3>
<p><a name="11.97.010"><span style="font-size:11.0pt;font-family:"Arial","sans-serif"">The trustor of a trust may by the provisions of the trust relieve the trustee from any or all of the duties, restrictions, and liabilities which would otherwise be imposed
by chapters </span></a><span style="font-size:11.0pt;font-family:"Arial","sans-serif""><a href="http://apps.leg.wa.gov/rcw/default.aspx?cite=11.95">11.95</a>,
<a href="http://apps.leg.wa.gov/rcw/default.aspx?cite=11.98">11.98</a>, <a href="http://apps.leg.wa.gov/rcw/default.aspx?cite=11.100">
11.100</a>, and <a href="http://apps.leg.wa.gov/rcw/default.aspx?cite=11.104A">11.104A</a> RCW and RCW
<a href="http://apps.leg.wa.gov/rcw/default.aspx?cite=11.106.020">11.106.020</a>, or may alter or deny any or all of the privileges and powers conferred by those provisions; or may add duties, restrictions, liabilities, privileges, or powers to those imposed
or granted by those provisions. If any specific provision of those chapters is in conflict with the provisions of a trust, the provisions of the trust control whether or not specific reference is made in the trust to any of those chapters,
<span style="background:yellow;mso-highlight:yellow">except as provided in RCW</span>
<a href="http://apps.leg.wa.gov/rcw/default.aspx?cite=6.32.250">6.32.250</a>, <a href="http://apps.leg.wa.gov/rcw/default.aspx?cite=11.96A.190">
11.96A.190</a>, <a href="http://apps.leg.wa.gov/rcw/default.aspx?cite=19.36.020">
19.36.020</a>, <a href="http://apps.leg.wa.gov/rcw/default.aspx?cite=11.98.002">11.98.002</a>,
<a href="http://apps.leg.wa.gov/rcw/default.aspx?cite=11.98.200">11.98.200</a> through<a href="http://apps.leg.wa.gov/rcw/default.aspx?cite=11.98.240">11.98.240</a> ,
<span style="background:yellow;mso-highlight:yellow"><a href="http://apps.leg.wa.gov/rcw/default.aspx?cite=11.98.072">11.98.072</a>(1),</span>
<a href="http://apps.leg.wa.gov/rcw/default.aspx?cite=11.95.100">11.95.100</a> through
<a href="http://apps.leg.wa.gov/rcw/default.aspx?cite=11.95.150">11.95.150</a>, and chapter
<a href="http://apps.leg.wa.gov/rcw/default.aspx?cite=11.103">11.103</a> RCW. In no event may a trustee be relieved of the duty to act in good faith and with honest judgment. Notwithstanding the breadth of discretion granted to a trustee in the terms of the
trust, including the use of such terms as "absolute," "sole," or "uncontrolled," the trustee must exercise a discretionary power in good faith and in accordance with the terms and purposes of the trust and the interests of the beneficiaries.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:12.0pt"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:12.0pt"><o:p> </o:p></span></p>
<div>
<div style="border:none;border-top:solid #E1E1E1 1.0pt;padding:3.0pt 0in 0in 0in">
<p class="MsoNormal"><b>From:</b> <a href="mailto:wsbapt-bounces@lists.wsbarppt.com">
wsbapt-bounces@lists.wsbarppt.com</a> [<a href="mailto:wsbapt-bounces@lists.wsbarppt.com">mailto:wsbapt-bounces@lists.wsbarppt.com</a>]
<b>On Behalf Of </b>Jacob Menashe<br>
<b>Sent:</b> Wednesday, May 20, 2015 9:35 AM<br>
<b>To:</b> WSBA Probate & Trust Listserv; 'scairns@hansonbaker.com'<br>
<b>Subject:</b> [WSBAPT] 11.98.072 Notice<o:p></o:p></p>
</div>
</div>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal"><span style="color:#1F497D">RCW 11.98.072, in subsection 1, says that a trustee must keep all qualified beneficiaries (defined by 11.98.002 to now include remainder beneficiaries) “reasonably informed about the administration of the trust
and of the material facts necessary for them to protect their interests.” Subsections 2 and 3 spell notice that must be given. Subsection 5 says a trustor may waive or modify the notification requirements of subjections 2 and 3.
<o:p></o:p></span></p>
<p class="MsoNormal"><span style="color:#1F497D"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="color:#1F497D">My query: Can the trustor waive the dictate of subsection 1 – the reasonably informed part? It seems to me that waiving 2 and 3 is fairly meaningless unless it applies to the overall charge in 1. How can you
do 1 without providing the notice in 2. As I seem to be reading the statute, what exactly can the trustor waive? Or, in other words, can a person (other than the situation in subsection 3) ever set up an irrevocable trust without the trustee being required
to keep the remainder beneficiaries reasonably informed!<o:p></o:p></span></p>
<p class="MsoNormal"><span style="color:#1F497D"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="color:#1F497D">Thanks, <o:p></o:p></span></p>
<p class="MsoNormal"><span style="color:#1F497D"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="color:#1F497D">Jacob<o:p></o:p></span></p>
<p class="MsoNormal"><span style="color:#1F497D"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="color:#1F497D">_______________________<o:p></o:p></span></p>
<p class="MsoNormal"><span style="color:#1F497D">Jacob H. Menashe<o:p></o:p></span></p>
<p class="MsoNormal"><span style="color:#1F497D">Hickman Menashe, PS<o:p></o:p></span></p>
<p class="MsoNormal"><span style="color:#1F497D">4211 Alderwood Mall Blvd., Suite 202<o:p></o:p></span></p>
<p class="MsoNormal"><span style="color:#1F497D">Lynnwood, WA 98036<o:p></o:p></span></p>
<p class="MsoNormal"><span style="color:#1F497D">(425) 744-5658 phone<o:p></o:p></span></p>
<p class="MsoNormal"><span style="color:#1F497D">(425) 744-6078 fax<o:p></o:p></span></p>
<p class="MsoNormal"><span style="color:#1F497D">Satellite Office in Bellevue<o:p></o:p></span></p>
<p class="MsoNormal"><span style="color:#1F497D"><a href="www.hickmanmenashe.com">www.hickmanmenashe.com</a><o:p></o:p></span></p>
<p class="MsoNormal"><span style="color:#1F497D"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="color:#1F497D"><o:p> </o:p></span></p>
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