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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:12.0pt;font-family:"Calisto MT Std",serif;color:#A50021'>How old is the child?<o:p></o:p></span></p><div><p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto'><span style='font-size:12.0pt;font-family:"Calisto MT",serif;color:#C00000'>ACP</span><span style='font-size:12.0pt;color:#C00000'><o:p></o:p></span></p><p class=MsoNormal><i><span style='font-size:10.0pt;font-family:"Calisto MT",serif;color:red'>Law Office of A. Colby Parks, Attorney at Law, P.S.</span></i><span style='color:maroon'><o:p></o:p></span></p><p class=MsoNormal><i><span style='font-size:10.0pt;font-family:"Calisto MT",serif;color:red'>Dedicated to your family enterprise.</span></i><span style='color:maroon'><o:p></o:p></span></p><p class=MsoNormal><span style='font-size:10.0pt;font-family:"Calisto MT",serif;color:blue'>(253) 682-1960</span><span style='color:maroon'><o:p></o:p></span></p><p class=MsoNormal><i><span style='font-family:"Calisto MT",serif;color:red'><a href="http://www.tacomacounsel.com/"><span style='color:#0563C1'>www.tacomacounsel.com</span></a> </span></i><span style='color:maroon'><o:p></o:p></span></p><p class=MsoNormal><span style='font-size:10.0pt;color:blue'> </span><span style='color:maroon'><o:p></o:p></span></p><p class=MsoNormal><span style='font-size:10.0pt;font-family:"Calisto MT",serif;color:blue'><img border=0 width=182 height=86 id="Picture_x0020_1" src="cid:image003.jpg@01D1328B.0CA92670" alt=WC-Member-Logo> </span><a href="https://twitter.com/#!/AColbyParks" target="_blank"><b><span style='font-family:"Calisto MT",serif;color:red;text-decoration:none'><img border=0 width=36 height=38 id="_x0000_i1029" src="cid:image004.png@01D1328B.0CA92670" alt="cid:ii_133dc2dc5cd19f8d"></span></b></a><span style='color:#990000'> </span><a href="http://www.linkedin.com/pub/colby-parks/13/b89/3b8" target="_blank"><span style='color:#990000;text-decoration:none'><img border=0 width=37 height=36 id="_x0000_i1028" src="cid:image005.png@01D1328B.0CA92670" alt="cid:image006.png@01CD1C7D.2E3AAF20"></span></a><span style='color:#990000'> <img border=0 width=250 height=34 id="Picture_x0020_4" src="cid:image006.jpg@01D1328B.0CA92670" alt="cid:image007.jpg@01CDD87E.5189D9C0"></span><span style='color:maroon'><o:p></o:p></span></p><p class=MsoNormal><span style='font-size:8.0pt;font-family:"Calisto MT",serif;color:blue'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-size:8.0pt;font-family:"Calisto MT",serif;color:blue'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-size:8.0pt;font-family:"Calisto MT",serif;color:blue'>The information in this electronic mail message is protected by legal privilege and the Electronic Communications Privacy Act, 18 U.S.C. §§ 2510-2521. This message is intended only for the use of the recipient named above. Dissemination, distribution or copying of this communication, to or by anyone other than by its intended recipient, is strictly prohibited. If you have received this electronic mail in error, please notify this law firm immediately, return this electronic mail immediately to the sender, and delete any copy of the electronic mail from your mail system and files. Additionally, pursuant to the rules of professional conduct set forth in Circular 230, as promulgated by the United States Department of the Treasury, nothing contained in this communication was intended or written to be used by any taxpayer for the purpose of avoiding penalties that may be imposed on the taxpayer by the Internal Revenue Service, and it cannot be used by any taxpayer for such purpose. No one, without expressed prior written permission, may use or refer to any tax advice in this communication in promoting, marketing, or recommending a partnership or other entity, investment plan, or arrangement to any other party. Thank you.</span><span style='color:maroon'><o:p></o:p></span></p></div><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Calisto MT Std",serif;color:#A50021'><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> wsbapt-bounces@lists.wsbarppt.com [mailto:wsbapt-bounces@lists.wsbarppt.com] <b>On Behalf Of </b>Glenn Price<br><b>Sent:</b> Wednesday, December 09, 2015 12:44 PM<br><b>To:</b> WSBA Probate & Trust Listserv (wsbapt@lists.wsbarppt.com) <wsbapt@lists.wsbarppt.com><br><b>Subject:</b> [WSBAPT] Custodial Account Transferred into SNT<o:p></o:p></p></div></div><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal><span style='font-size:12.0pt'>Sorry. My previous e-mail deleted all my contact information.<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'>Listmates:<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'>Parent wishes to transfer funds that are currently in a custodial account to a SNT for special needs child. <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'>Question<span style='color:#1F497D'>s</span>: (1) Does this constitute a self-settled trust by the child?<o:p></o:p></span></p><p class=MsoNormal style='text-indent:.5in'><span style='font-size:12.0pt'> <span style='color:#1F497D'> </span>(2) If so, will the child still qualify for benefits<i>, </i>with just a payback provision to the state at child’s death?<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:12.0pt'> <span style='color:#1F497D'> </span>(3) Will the trust assets be available to any creditor of the beneficiary (excluding DSHS)?<o:p></o:p></span></p><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal><span style='font-size:12.0pt'>Thank you for your insights.<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'>GDP<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:12.0pt'><o:p> </o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;margin-left:.5in'><span style='font-size:10.0pt;font-family:"Arial",sans-serif;color:navy'>Glenn D. Price, J.D.<br>Price & Farrington, PLLC<br><i>Attorneys and Counselors at Law<o:p></o:p></i></span></p><p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;margin-left:.5in'><i><span style='font-size:10.0pt;font-family:"Arial",sans-serif;color:navy'><img border=0 width=106 height=160 id="Picture_x0020_2" src="cid:image007.jpg@01D1328B.0CA92670" alt="GlennPrice227_small"> <img border=0 width=305 height=145 id="Picture_x0020_3" src="cid:image008.jpg@01D1328B.0CA92670" alt=WC-Member-Logo-Founding><o:p></o:p></span></i></p><p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;margin-left:.5in'><span style='font-size:10.0pt;font-family:"Arial",sans-serif;color:navy'>Parkwood Office Center<br></span><b><span style='font-size:12.0pt;color:#1F497D'>2370 130<sup>th</sup> Avenue N.E., Suite 103</span></b><span style='font-size:10.0pt;font-family:"Arial",sans-serif;color:navy'><br>Bellevue, Washington 98005<br>Phone: 425.451.3583 Fax: 425.522.4818<o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;margin-left:.5in'><span style='font-size:10.0pt;font-family:"Arial",sans-serif;color:navy'>Email: </span><u><span style='font-size:10.0pt;font-family:"Arial",sans-serif;color:blue'><a href="mailto:glenn@pricefarrington.com">glenn@pricefarrington.com</a></span></u><span style='font-size:10.0pt;font-family:"Arial",sans-serif;color:navy'><br>Home page: <a href="http://www.pricefarrington.com/" title="blocked::http://www.pricefarrington.com/">www.pricefarrington.com</a><o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;margin-left:.5in'><span style='font-size:10.0pt;font-family:"Arial",sans-serif;color:navy'>Estate, Tax, Retirement and Asset Protection Planning</span><span style='color:#993366'><o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;margin-left:.5in'><span style='font-size:10.0pt;font-family:"Arial",sans-serif;color:navy'>This e-mail and any attachment is intended solely for the use of the addressee(s) and is privileged and confidential within the attorney-client privilege. 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='color:#993366'><o:p></o:p></span></p><p class=MsoNormal style='margin-left:.5in'><b><i><span style='font-size:10.0pt;color:navy'>IRS Circular 230 provides that this message cannot be used to avoid any IRS tax penalties.</span></i></b><span style='color:#993366'><o:p></o:p></span></p><p class=MsoNormal style='margin-left:.5in'><o:p> </o:p></p><p class=MsoNormal style='margin-left:.5in'><i><span style='color:navy'>No trees have been killed in the sending of this message, but billions of electrons have been horribly inconvenienced.<o:p></o:p></span></i></p><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal><o:p> </o:p></p></div></body></html>