<div dir="ltr">This kind of planning must be done with a CPA/CFP. Jay</div><div class="gmail_extra"><br><div class="gmail_quote">On Sat, Jul 29, 2017 at 3:23 PM, Erin Fairley <span dir="ltr"><<a href="mailto:erin@leschilaw.com" target="_blank">erin@leschilaw.com</a>></span> wrote:<br><blockquote class="gmail_quote" style="margin:0 0 0 .8ex;border-left:1px #ccc solid;padding-left:1ex">
<div lang="EN-US" link="#0563C1" vlink="#954F72" bgcolor="white">
<div class="m_4342033128619853165WordSection1">
<p class="MsoNormal">I don’t see a need for any trusts unless client has out of state property or need for privacy. Disclaimer trust doesn’t work for single people.
<u></u><u></u></p>
<p class="MsoNormal"><u></u> <u></u></p>
<p class="MsoNormal">Suggestions: gifting each year to reduce estate, donations to charity.
<u></u><u></u></p>
<p class="MsoNormal"><u></u> <u></u></p>
<p class="MsoNormal"><u></u> <u></u></p>
<div>
<p class="MsoNormal"><b><span style="color:black">Erin Fairley</span></b><span style="color:black"> / Attorney<u></u><u></u></span></p>
<p class="MsoNormal"><span style="color:black"><a href="mailto:erin@leschilaw.com" target="_blank"><span style="color:#0563c1">erin@leschilaw.com</span></a> / <a href="tel:(206)%20353-4625" target="_blank" value="+12063534625">(206) 353-4625</a><u></u><u></u></span></p>
<p class="MsoNormal"><b><span style="color:black">Leschi Law, PLLC</span></b><span style="color:black"><u></u><u></u></span></p>
<p class="MsoNormal"><span style="color:black">121 Lakeside Avenue, Suite B Seattle, WA 98122<u></u><u></u></span></p>
<p class="MsoNormal"><span style="color:black"><a href="http://www.leschilaw.com/" target="_blank"><span style="color:#0563c1">www.leschilaw.com</span></a><u></u><u></u></span></p>
<p class="MsoNormal"><span style="color:black"><u></u> <u></u></span></p>
<table width="613" class="m_4342033128619853165MsoNormalTable" style="width:459.75pt;border-collapse:collapse" border="0" cellspacing="0" cellpadding="0">
<tbody>
<tr>
<td width="613" style="width:460.0pt;background:white;padding:0in 5.4pt 0in 5.4pt" colspan="3">
<p class="MsoNormal"><span style="color:black">The information contained in this e-mail message may be privileged, confidential and protected from disclosure. If you are not the intended recipient, any use, distribution or copying of this e-mail message or
any attachment to it is strictly prohibited. <u></u><u></u></span></p>
</td>
</tr>
<tr>
<td width="0" style="width:.3pt;padding:0in 0in 0in 0in"></td>
<td width="114" style="width:85.5pt;padding:0in 0in 0in 0in"></td>
<td width="499" style="width:374.25pt;padding:0in 0in 0in 0in"></td>
</tr>
<tr>
<td width="0" style="width:.3pt;padding:0in 0in 0in 0in"></td>
<td width="114" style="width:85.5pt;padding:0in 0in 0in 0in"></td>
<td width="499" style="width:374.25pt;padding:0in 0in 0in 0in"></td>
</tr>
</tbody>
</table>
<p class="MsoNormal"><span style="color:black">-- <u></u><u></u></span></p>
<p class="MsoNormal"><span style="color:black"><u></u> <u></u></span></p>
</div>
<p class="MsoNormal"><u></u> <u></u></p>
<p class="MsoNormal"><u></u> <u></u></p>
<div style="border:none;border-top:solid #b5c4df 1.0pt;padding:3.0pt 0in 0in 0in">
<p class="MsoNormal"><b><span style="font-size:12.0pt;color:black">From: </span></b><span style="font-size:12.0pt;color:black"><<a href="mailto:wsbapt-bounces@lists.wsbarppt.com" target="_blank">wsbapt-bounces@lists.<wbr>wsbarppt.com</a>> on behalf of John Yip <<a href="mailto:johntyip@gmail.com" target="_blank">johntyip@gmail.com</a>><br>
<b>Reply-To: </b>WSBA Probate & Trust Listserv <<a href="mailto:wsbapt@lists.wsbarppt.com" target="_blank">wsbapt@lists.wsbarppt.com</a>><br>
<b>Date: </b>Saturday, July 29, 2017 at 12:55 PM<br>
<b>To: </b>"<a href="mailto:WSBARP@lists.wsbarppt.com" target="_blank">WSBARP@lists.wsbarppt.com</a>" <<a href="mailto:WSBARP@lists.wsbarppt.com" target="_blank">WSBARP@lists.wsbarppt.com</a>>, "<a href="mailto:wsbapt@lists.wsbarppt.com" target="_blank">wsbapt@lists.wsbarppt.com</a>" <<a href="mailto:wsbapt@lists.wsbarppt.com" target="_blank">wsbapt@lists.wsbarppt.com</a>><br>
<b>Subject: </b>[WSBAPT] Estate Planning for Single Person (Might Involve Estate Tax)<u></u><u></u></span></p>
</div>
<div>
<p class="MsoNormal"><u></u> <u></u></p>
</div>
<div>
<div>
<p class="MsoNormal" style="margin-bottom:12.0pt">Hello,<u></u><u></u></p>
</div>
<div>
<p class="MsoNormal" style="margin-bottom:12.0pt">Here is the hypothetical situation: Single person wants estate planning, and his estate may be slightly over the Washington State estate tax threshold. He wants to leave his estate to multiple beneficiaries.
However, he does not want an inter vivos trust.<u></u><u></u></p>
</div>
<div>
<p class="MsoNormal" style="margin-bottom:12.0pt">In that case, would a Will with disclaimer trust provisions make sense? Disclaimer trusts rely upon the Marital Deduction and the QTIP exceptions, which are unavailable to single persons, correct? Also, wouldn't
it be messy to set up a disclaimer trust when there are multiple beneficiaries, as some might not be willing to disclaim?<u></u><u></u></p>
</div>
<div>
<p class="MsoNormal" style="margin-bottom:12.0pt">If a Will with disclaimer trust provisions would not make sense for the above hypothetical, what are some alternatives I could use for the single person's estate planning other than to set up an inter vivos
trust?<u></u><u></u></p>
</div>
<div>
<p class="MsoNormal">Thanks,<u></u><u></u></p>
</div>
<div>
<p class="MsoNormal">John<u></u><u></u></p>
</div>
</div>
</div>
</div>
<br>______________________________<wbr>_________________<br>
WSBAPT mailing list<br>
<a href="mailto:WSBAPT@lists.wsbarppt.com">WSBAPT@lists.wsbarppt.com</a><br>
<a href="http://mailman.fsr.com/mailman/listinfo/wsbapt" target="_blank" rel="noreferrer">http://mailman.fsr.com/<wbr>mailman/listinfo/wsbapt</a><br></blockquote></div><br></div>