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</o:shapelayout></xml><![endif]--></head><body lang=EN-US link=blue vlink=purple><div class=WordSection1><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Book Antiqua",serif;color:#1F497D'>I do something similar and state that the transfer is “for and in consideration of compliance with the terms of” the Last Will and Testament or Trust Agreement.<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Book Antiqua",serif;color:#1F497D'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Book Antiqua",serif;color:#1F497D'>I think that WAC exemption applicable depends on the circumstances of the distribution being made. WAC 458-61A-210(1) exempts distributions to the beneficiary of an irrevocable trust, and should include a RLT that has become irrevocable after the death of the grantors. WAC 458-61A-211(h) would apply to transfers from a currently revocable trust back out to a grantor or to a beneficiary. WAC 458-61A-202 applies to transfers by inheritance or devise. The 202 exemption for “inheritance” can work a little like a catch-all if you are in doubt, but the auditor or assessor can be picky about the correct exemption being listed.<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Book Antiqua",serif;color:#1F497D'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Book Antiqua",serif;color:#1F497D'>Heather rightly note the supporting documentation, there are different requirements for each WAC listed.<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Book Antiqua",serif;color:#1F497D'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Book Antiqua",serif;color:#1F497D'>Tara M. Roberts<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Book Antiqua",serif;color:#1F497D'>Puget Sound Law pllc<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Book Antiqua",serif;color:#1F497D'>roberts@pugetsoundlaw.com<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F497D'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-size:8.0pt;font-family:"Book Antiqua",serif;color:#1F497D'>******************************<br>The information contained in this email may be privileged and confidential information intended only for the use of the individual or entity named above. If the reader of this message is not the intended recipient, you are hereby notified that any dissemination, distribution, or copying of the email is strictly prohibited. If you have received this email in error, please notify us immediately and delete the original message and any copies you may have. Thank you.<br>******************************<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F497D'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Book Antiqua",serif;color:#1F497D'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Book Antiqua",serif;color:#1F497D'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Book Antiqua",serif;color:#1F497D'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Book Antiqua",serif;color:#1F497D'><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><span style='font-size:11.0pt;font-family:"Calibri",sans-serif'>From:</span></b><span style='font-size:11.0pt;font-family:"Calibri",sans-serif'> wsbapt-bounces@lists.wsbarppt.com [mailto:wsbapt-bounces@lists.wsbarppt.com] <b>On Behalf Of </b>Heather deVrieze<br><b>Sent:</b> Tuesday, November 10, 2015 3:38 PM<br><b>To:</b> WSBA Probate & Trust Listserv <wsbapt@lists.wsbarppt.com><br><b>Subject:</b> Re: [WSBAPT] "consideration" for transfer to beneficiary of RLT?<o:p></o:p></span></p></div></div><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F497D'>I generally recite “for no consideration, but in distribution of the XYZ Trust, to the beneficiary pursuant to the provisions of the Trust.”<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F497D'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F497D'>The next step is that to take the 202 Inheritance WAC on the REETA and provide the required documentation, including a copy of the Trust, a copy of the death certificate, and I will also typically include a statement of trustee.<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F497D'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F497D'>Heather<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F497D'><o:p> </o:p></span></p><div><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F497D'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-size:16.0pt;font-family:"Vladimir Script";color:#1F497D'>Heather S. de Vrieze</span><b><span style='font-size:16.0pt;font-family:"Calibri",sans-serif;color:#1F497D'><br></span></b><i><span style='font-size:11.0pt;font-family:"Garamond",serif;color:#1F497D'>Attorney-at-Law<o:p></o:p></span></i></p><p class=MsoNormal><i><span style='font-size:11.0pt;font-family:"Garamond",serif;color:#1F497D'><img width=264 height=147 id="_x0000_i1025" src="cid:image001.jpg@01D11BD1.E2E617A0" alt="cid:image001.jpg@01D013C2.30F35160"></span></i><i><span style='font-family:"Garamond",serif;color:#1F497D'><o:p></o:p></span></i></p><p class=MsoNormal><span style='font-size:10.0pt;font-family:Nyala;color:#44524E'>3909 California Avenue SW<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:10.0pt;font-family:Nyala;color:#44524E'>Seattle, WA 98116-3705 <o:p></o:p></span></p><p class=MsoNormal><span style='font-size:10.0pt;font-family:Nyala;color:#44524E'>(206)938-5500 <o:p></o:p></span></p><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F497D'><a href="mailto:heatherd@westseattlelaw.com"><span style='font-size:10.0pt;font-family:Nyala;color:#44524E'>heatherd@westseattlelaw.com</span></a></span><span style='font-size:10.0pt;font-family:Nyala;color:#44524E'> <o:p></o:p></span></p><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F497D'><a href="http://www.westseattlelaw.com/"><span style='font-size:10.0pt;font-family:Nyala;color:#44524E'>www.westseattlelaw.com</span></a></span><span style='font-size:10.0pt;font-family:Nyala;color:#44524E'> <o:p></o:p></span></p><p class=MsoNormal><span style='font-size:11.0pt;font-family:Nyala;color:#44524E'><o:p> </o:p></span></p><p class=MsoNormal><b><span style='font-size:9.0pt;font-family:"Arial",sans-serif;color:#002E8A'>Click here to connect with de Vrieze | Carney on Facebook: </span></b><b><span style='font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F497D'> </span></b><a href="https://www.facebook.com/DeVriezeCarney"><b><span style='font-size:11.0pt;font-family:"Calibri",sans-serif;text-decoration:none'><img border=0 width=100 height=30 id="Picture_x0020_1" src="cid:image002.png@01D11BD1.E2E617A0" alt="FB Logo"></span></b></a><span style='font-size:11.0pt;font-family:Nyala;color:#44524E'><o:p></o:p></span></p><p class=MsoNormal><span style='font-size:8.0pt;font-family:"Calibri",sans-serif;color:#A6A6A6'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-size:8.0pt;font-family:"Calibri",sans-serif;color:#A6A6A6'>CONFIDENTIAL & PRIVILEGED. This e-mail message may contain legally privileged and/or confidential information. If you have received this e-mail in error, please notify the sender immediately and delete all copies of this e-mail message and any attachment.</span><span style='font-size:16.0pt;font-family:"Cambria",serif;color:blue'><o:p></o:p></span></p></div><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F497D'><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><span style='font-size:11.0pt;font-family:"Calibri",sans-serif'>From:</span></b><span style='font-size:11.0pt;font-family:"Calibri",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>Melinda Grout<br><b>Sent:</b> Tuesday, November 10, 2015 2:53 PM<br><b>To:</b> WSBA Probate & Trust Listserv <<a href="mailto:wsbapt@lists.wsbarppt.com">wsbapt@lists.wsbarppt.com</a>><br><b>Subject:</b> [WSBAPT] "consideration" for transfer to beneficiary of RLT?<o:p></o:p></span></p></div></div><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal>Dearest Listmates,<o:p></o:p></p><div><p class=MsoNormal><o:p> </o:p></p></div><div><p class=MsoNormal>It seems I’m in need of lots of answers lately…<o:p></o:p></p></div><div><p class=MsoNormal><o:p> </o:p></p></div><div><p class=MsoNormal>In preparing QCD and REETA to convey real estate to beneficiary of RLT, what is the “consideration” ? The excise tax exemption for this is, I believe, in 458-61A-211 (2)(h) - to paraphrase: conveyance from trustee of a RLT to beneficiary if no valuable consideration passes, or if otherwise exempt as gift or inheritance…<o:p></o:p></p></div><div><p class=MsoNormal><o:p> </o:p></p></div><div><p class=MsoNormal>So my question is how to handle “consideration” on the deed and on the REETA affidavit if no consideration is allowed, to get the exemption? (Or, maybe just use the 202 Inheritance WAC instead?)<o:p></o:p></p></div><div><p class=MsoNormal><o:p> </o:p></p></div><div><p class=MsoNormal>Thanks!<o:p></o:p></p></div><div><div><div><div><div><p class=MsoNormal><span style='color:black'><br>Melinda Grout<br>Law Office of Melinda K Grout, PS<br>17325 W. Main Street / P.O. Box 1360<br>Monroe, WA 98272<br>360-794-4322 / Fax: 425-744-6745<o:p></o:p></span></p></div><div><p class=MsoNormal><span style='color:black'><o:p> </o:p></span></p></div><div><p class=MsoNormal style='margin-bottom:12.0pt'><span style='color:black'>Emphasizing Estate Planning, Probate, and Elder Law<br><a href="http://mkgroutlaw.com">mkgroutlaw.com</a><br><br>NOTE: <br>1. This office does not accept service of pleadings or process service by e-mail or fax except with the express prior permission of the intended recipient.<br>2. This email address is not monitored at all times. If your matter is urgent, please phone my office.<br>3. I do not use encrypted email. Messages sent to or from my office via email are not secure.<br>4. This email may contain confidential material protected by attorney/client privilege, and is intended for use solely by the above referenced recipient. Any review, copying, printing, disclosure, distribution, or other use is strictly prohibited and may be unlawful. If you are not the named recipient, or may have received this email in error, please reply to sender and delete the copy you received. <br>5. This message does not provide any legal advice, imply an attorney-client relationship, and does not contain the signature of the sender or any other party. You are not a client of this law firm unless you have paid a retainer and signed an attorney/client agreement for representation on a particular matter.<o:p></o:p></span></p></div></div></div></div></div><p class=MsoNormal><o:p> </o:p></p></div></body></html>