<html xmlns:v="urn:schemas-microsoft-com:vml" xmlns:o="urn:schemas-microsoft-com:office:office" xmlns:w="urn:schemas-microsoft-com:office:word" xmlns:m="http://schemas.microsoft.com/office/2004/12/omml" xmlns="http://www.w3.org/TR/REC-html40">
<head>
<meta http-equiv="Content-Type" content="text/html; charset=us-ascii">
<meta name="Generator" content="Microsoft Word 15 (filtered medium)">
<!--[if !mso]><style>v\:* {behavior:url(#default#VML);}
o\:* {behavior:url(#default#VML);}
w\:* {behavior:url(#default#VML);}
.shape {behavior:url(#default#VML);}
</style><![endif]--><style><!--
/* Font Definitions */
@font-face
{font-family:"Cambria Math";
panose-1:2 4 5 3 5 4 6 3 2 4;}
@font-face
{font-family:Calibri;
panose-1:2 15 5 2 2 2 4 3 2 4;}
@font-face
{font-family:"Baskerville Old Face";
panose-1:2 2 6 2 8 5 5 2 3 3;}
@font-face
{font-family:"Brush Script MT";
panose-1:3 6 8 2 4 4 6 7 3 4;}
@font-face
{font-family:Webdings;
panose-1:5 3 1 2 1 5 9 6 7 3;}
@font-face
{font-family:Garamond;
panose-1:2 2 4 4 3 3 1 1 8 3;}
@font-face
{font-family:"Californian FB";
panose-1:2 7 4 3 6 8 11 3 2 4;}
@font-face
{font-family:"Arial Narrow";
panose-1:2 11 6 6 2 2 2 3 2 4;}
@font-face
{font-family:"Copperplate Gothic Bold";
panose-1:2 14 7 5 2 2 6 2 4 4;}
/* Style Definitions */
p.MsoNormal, li.MsoNormal, div.MsoNormal
{margin:0in;
margin-bottom:.0001pt;
font-size:11.0pt;
font-family:"Calibri",sans-serif;}
a:link, span.MsoHyperlink
{mso-style-priority:99;
color:blue;
text-decoration:underline;}
a:visited, span.MsoHyperlinkFollowed
{mso-style-priority:99;
color:purple;
text-decoration:underline;}
p.msonormal0, li.msonormal0, div.msonormal0
{mso-style-name:msonormal;
mso-margin-top-alt:auto;
margin-right:0in;
mso-margin-bottom-alt:auto;
margin-left:0in;
font-size:11.0pt;
font-family:"Calibri",sans-serif;}
span.EmailStyle18
{mso-style-type:personal;
font-family:"Garamond",serif;
color:windowtext;
font-weight:normal;
font-style:normal;
text-decoration:none none;}
span.EmailStyle19
{mso-style-type:personal-reply;
font-family:"Calibri",sans-serif;
color:windowtext;}
.MsoChpDefault
{mso-style-type:export-only;
font-size:10.0pt;}
@page WordSection1
{size:8.5in 11.0in;
margin:1.0in 1.0in 1.0in 1.0in;}
div.WordSection1
{page:WordSection1;}
--></style><!--[if gte mso 9]><xml>
<o:shapedefaults v:ext="edit" spidmax="1026" />
</xml><![endif]--><!--[if gte mso 9]><xml>
<o:shapelayout v:ext="edit">
<o:idmap v:ext="edit" data="1" />
</o:shapelayout></xml><![endif]-->
</head>
<body lang="EN-US" link="blue" vlink="purple">
<div class="WordSection1">
<p class="MsoNormal">Yes – I think that is not uncommon. If there may be a disproportionate share of pre-tax dollars distributed to beneficiaries, then you may want the calculation to be based on an after-tax valuation that can be summarized in the Will (i.e.
“to the extent a beneficiary received all or a portion of a pre-tax account, the value, for allocating the shares of my estate to beneficiaries, shall be reduced by the highest marginal income tax rate in effect on my date of death …” or something like that)even
if beneficiaries are going to pull pre-tax accounts out over the beneficiary’s lifetime.
<o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal">Just a thought.<o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<div>
<p class="MsoNormal"><b><span style="font-size:12.0pt;color:#323E4F">Best regards,<o:p></o:p></span></b></p>
<p class="MsoNormal"><span style="font-size:18.0pt;font-family:"Brush Script MT";color:#323E4F">Kerry<o:p></o:p></span></p>
<p class="MsoNormal"><b><span style="font-size:12.0pt;color:#323E4F">Kerry E. Brink
</span></b><b><span style="font-size:9.0pt;color:#323E4F">•</span></b><b><span style="font-size:12.0pt;color:#323E4F"> Attorney at Law</span></b><b><span style="font-size:8.0pt;color:#323E4F"><o:p></o:p></span></b></p>
<p class="MsoNormal"><b><span style="font-size:1.0pt;font-family:"Californian FB",serif;color:#215868"><o:p> </o:p></span></b></p>
<p class="MsoNormal"><b><span style="font-family:"Californian FB",serif;font-variant:small-caps;color:#C00000">Estate Planning, Probate, Elder Law<o:p></o:p></span></b></p>
<p class="MsoNormal"><b><span style="font-family:"Californian FB",serif;font-variant:small-caps;color:#C00000"><o:p> </o:p></span></b></p>
<p class="MsoNormal"><img width="148" height="46" style="width:1.5416in;height:.4791in" id="Picture_x0020_1" src="cid:image003.png@01D36839.B3837DC0" alt="cid:image001.png@01D33865.5D37D9B0"><b><span style="font-family:"Californian FB",serif;font-variant:small-caps;color:#C00000"><o:p></o:p></span></b></p>
<p class="MsoNormal"><span style="font-size:8.0pt;font-family:"Baskerville Old Face",serif;color:#548DD4"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:12.0pt;color:#943634">1201 Pacific Avenue, Suite 1900<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:12.0pt;color:#943634">PO Box 1315<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:12.0pt;color:#943634">Tacoma, WA 98401-1315<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:12.0pt;color:#943634">Office: 253-383-3791<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:12.0pt;color:#943634">Direct: 253-591-8571<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:12.0pt;color:#943634">Fax: 253-383-6377<o:p></o:p></span></p>
<p class="MsoNormal"><a href="http://www.vjglaw.com/"><span style="font-size:12.0pt">www.vjglaw.com</span></a><u><span style="font-size:12.0pt;color:#943634"><o:p></o:p></span></u></p>
<p class="MsoNormal"><u><span style="font-size:4.0pt;color:#943634"><o:p><span style="text-decoration:none"> </span></o:p></span></u></p>
<p class="MsoNormalCxSpMiddle" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;mso-add-space:auto">
<span style="font-size:8.0pt;font-family:"Copperplate Gothic Bold",sans-serif;color:#222A35">Be sure to check out our blogs on our website "In Brief"
</span><span style="font-size:12.0pt;font-family:"Times New Roman",serif;color:#222A35"><o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:8.0pt;font-family:"Copperplate Gothic Bold",sans-serif;color:#C00000">Please consider the environment before printing this e-mail<u><o:p></o:p></u></span></p>
<p class="MsoNormal"><i>______________________________<o:p></o:p></i></p>
<p class="MsoNormal"><i><span style="font-size:10.0pt;color:#1F497D">This email and any files transmitted with it are from the law firm of Vandeberg Johnson & Gandara, LLP and may contain privileged, confidential, or protected information. If you are not the
intended recipient, any disclosure, copying, or use of the contents of this message or any attachments is prohibited. If you have received this transmission in error, please notify us and delete this email and any attached files.<o:p></o:p></span></i></p>
<p class="MsoNormal"><span style="font-size:9.0pt;color:#222A35"><o:p> </o:p></span></p>
<p class="MsoNormal"><o:p> </o:p></p>
</div>
<p class="MsoNormal"><o:p> </o:p></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>Lisa E Schuchman<br>
<b>Sent:</b> Tuesday, November 28, 2017 10:32 AM<br>
<b>To:</b> WSBA Probate & Trust Listserv <wsbapt@lists.wsbarppt.com><br>
<b>Subject:</b> [WSBAPT] Equalization provision in a will?<o:p></o:p></p>
</div>
</div>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal"><span style="font-size:12.0pt;font-family:"Garamond",serif">Has anyone used a provision in a will like the one below? My clients have a lot of non-probate assets, including pre-tax retirement accounts that will eventually be used for their
living expenses. They’d like to make direct beneficiaries for the pre-tax funds but still have an overall plan based on percentages. I’m trying to figure out if there is any reason this wouldn’t work.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:12.0pt;font-family:"Garamond",serif"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:12.0pt;font-family:"Garamond",serif">Equalization Provision. It is my intent that the beneficiaries of my estate receive the proportional share of my residuary estate as provided in Article II, Section 2, taking
into account both probate and non-probate assets that they receive as a result of my death. Therefore, I instruct my Personal Representative to increase or decrease the proportional shares of beneficiaries under this Will to carry out, to the greatest extent
possible, my wish that my beneficiaries share in my combined probate and non-probate assets in the proportions indicated.
<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:12.0pt;font-family:"Garamond",serif"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:12.0pt;font-family:"Garamond",serif">Thanks.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:12.0pt;font-family:"Garamond",serif"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:12.0pt;font-family:"Garamond",serif;color:black">Lisa E. Schuchman<br>
206-960-4212<br>
<a href="http://www.lisaschuchman.com/" target="_blank">www.lisaschuchman.com</a><br>
<br>
I learn, I give. – Gloria Steinem<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;font-family:"Garamond",serif;color:black">NOTE: I do not use encrypted email. Messages sent to or from my office via email are not secure and may not be protected by attorney-client privilege. This email address
is not monitored at all times. If your matter is urgent, please phone my office during regular business hours.
<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;font-family:"Garamond",serif;color:black">Any tax advice included in this document and its attachments was not intended or written to be used, and it cannot be used, for the purpose of avoiding penalties under
the Internal Revenue Code.</span><span style="font-size:12.0pt"><o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:24.0pt;font-family:Webdings;color:green">P</span><span style="font-size:10.0pt;font-family:"Arial Narrow",sans-serif;color:green">
</span><b><span style="font-size:7.5pt;font-family:"Arial",sans-serif;color:#008100">Please consider the trees before printing this document</span></b><span style="font-size:12.0pt"><o:p></o:p></span></p>
<p class="MsoNormal"><o:p> </o:p></p>
</div>
</body>
</html>