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</o:shapelayout></xml><![endif]--></head><body lang=EN-US link="#0563C1" vlink="#954F72"><div class=WordSection1><p class=MsoNormal>Hello everyone:<o:p></o:p></p><p class=MsoNormal>I am working on an estate plan for a married couple. They are the lessors in a 30-year Tidelands Lease. In the event of their demise, they would like their only heir to receive the right to payments from lessee (shellfish company). The lease includes provisions reserving the right of the lessor to assign the agreement by giving advance written notice to lessee. <o:p></o:p></p><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal>What is the best way to handle this? Can one assign a lease effective upon death?<o:p></o:p></p><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal>I should also note that the couple hopes to have a very simple estate plan which also avoids probate. We are considering simple wills with a transfer on death deed for the property adjacent to the tidelands. <o:p></o:p></p><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal>Thanks,<o:p></o:p></p><p class=MsoNormal>Margaret<o:p></o:p></p><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal>--<o:p></o:p></p><p class=MsoNormal>Law Office of Margaret Delp<o:p></o:p></p><p class=MsoNormal>Mailing address:<o:p></o:p></p><p class=MsoNormal>PO Box 292<o:p></o:p></p><p class=MsoNormal>Langley, WA 98260<o:p></o:p></p><p class=MsoNormal>Physical Address:<o:p></o:p></p><p class=MsoNormal>2815 Howard Road, Second Floor<o:p></o:p></p><p class=MsoNormal>Langley, WA 98260<o:p></o:p></p><p class=MsoNormal>Telephone: 360-579-4530<o:p></o:p></p><p class=MsoNormal><o:p> </o:p></p></div></body></html>