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<div>What about setting up a trust that doesn't start paying for x years? That way the beneficiary won't become a bum right away. <br>
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<div><span style="font-size: 13pt;">Lisa E. Schuchman </span></div>
<div>206-325-2801</div>
<div><a href="http://www.lisaschuchman.com">www.lisaschuchman.com</a></div>
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<pre style="word-wrap: break-word;"><font face=".SFUIDisplay-Regular"><span style="white-space: normal; background-color: rgba(255, 255, 255, 0);">Do something for somebody every day for which you do not get paid. –Albert Schweitzer</span></font></pre>
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On Jan 17, 2016, at 3:04 PM, Kristina DeVore <<a href="mailto:kristina@devore-law.com">kristina@devore-law.com</a>> wrote:<br>
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<div style="color: rgb(0, 0, 0);"><font face="Verdana">Listmates:</font></div>
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<div style="text-indent: 24px; "><font face="Verdana">I have a client who would like to leave a portion of his estate to his son in trust and would like to have the trust be completely secret for a period of time after his death. He is concerned that a large
looming inheritance might create an incentive for the son to no longer be a productive member of society and instead just wait out the time period until he would receive his inheritance. I have read RCW 11.98.072 and the waiver in that section seems to imply
that a trustor can waive the requirements in 11.98.072(2) and/or (3) but does not imply that a trustor can waive the requirements of 11.98.072(1) to keep a “qualified beneficiary reasonably informed about the administration of<span style="color: rgb(0, 0, 0); text-indent: 24px; background-color: rgb(255, 255, 255);"> </span><span style="text-indent: 24px; background-color: rgb(255, 255, 255);">the
trust and of the material facts necessary for them to protect their interests”. However, RCW 11.97.010 states that a “trustor of a trust may</span></font><span style="background-color: rgb(255, 255, 255);"><font face="Verdana">…</font><font face="Verdana">relieve
the trustee from any or all of the duties, restrictions, and liabilities which would otherwise be imposed by chapters </font></span><font face="Verdana"><span style="background-color: rgb(255, 255, 255);">11.98</span>….” </font></div>
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<div style="text-indent: 24px; "><font face="Verdana">Does this mean that a trustor can create a testamentary trust that is kept secret from the beneficiary after the trustor dies by waiving the duties of 11.98.072 (1) (2) and (3)?</font></div>
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<div style="text-indent: 24px; "><font face="Verdana">Thanks in advance for any thoughts you can share.</font></div>
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<div style="text-indent: 24px; "><font face="Verdana">Kristina</font></div>
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<div style="font-size: 14px; font-family: Calibri, sans-serif;"><font color="#006f37"><font face="Verdana" style="font-size: 16px;">Kristina S. DeVore</font><span style="font-size: 16px;"> </span><span style="font-size: 16px;">|</span><span style="font-size: 16px;"> </span><span style="font-size: 12px; font-family: Verdana;">Attorney
& Counselor at Law</span></font></div>
<div style="font-size: 14px; font-family: Calibri, sans-serif;"><font color="#006f37"><font face="Verdana" style="font-size: 16px;"><font face="Calibri,sans-serif">KRISTINA DEVORE LAW FIRM, p</font>llc<font face="Calibri,sans-serif"> </font></font><span style="font-size: 16px; font-family: Calibri, sans-serif;">|</span><span style="font-size: 16px; font-family: Calibri, sans-serif;"> </span><span style="font-size: 12px; font-family: Verdana;">300
W. 15th Street, Suite 305 </span><span style="font-size: 16px; font-family: Calibri, sans-serif;">|</span><span style="font-size: 16px; font-family: Calibri, sans-serif;"> </span><span style="font-size: 12px; font-family: Verdana;">Vancouver, WA 98660</span></font></div>
<div style="font-size: 12px; font-family: Calibri, sans-serif;"><font color="#006f37"><font face="Verdana">Phone: (360) 695-0535 </font><span style="font-size: 16px;">| </span><span style="font-family: Verdana;">Fax: (360) 737-4154 </span><span style="font-size: 16px;">| </span><span style="font-family: Verdana;"><a href="mailto:kristina@devore-law.com">kristina@devore-law.com</a></span></font></div>
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