<html><head><meta http-equiv="content-type" content="text/html; charset=utf-8"></head><body dir="auto">Michael:<div><br></div><div>Odd. Have you seen the deed that conveyed to her originally? Does it contain limitations?</div><div><br></div><div>Was she married when she funded the RLT? Was there consideration for limiting her ability to convey outside the family? A completed gift of everything other than the special power? </div><div><br></div><div>Typo?</div><div><br></div><div>Inartful drafting?</div><div><br></div><div>John J. Sullivan<br><br><div id="AppleMailSignature">Sent from my iPhone</div><div><br>On Jun 20, 2018, at 5:21 PM, Mike Winslow <<a href="mailto:mike@winslegal.com">mike@winslegal.com</a>> wrote:<br><br></div><blockquote type="cite"><div><meta http-equiv="Content-Type" content="text/html; charset=us-ascii"><meta name="ProgId" content="Word.Document"><meta name="Generator" content="Microsoft Word 14"><meta name="Originator" content="Microsoft Word 14"><link rel="File-List" href="cid:filelist.xml@01D408BB.3016E3A0"><!--[if gte mso 9]><xml>
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</o:shapelayout></xml><![endif]--><div class="WordSection1"><p class="MsoNormal">Client brought in their Revocable Living Trust for some amendments. Typically, I will audit the trust assets to make sure the trust was properly funded by prior counsel and to cover intervening transfers.<o:p></o:p></p><p class="MsoNormal">The QC Deed used to<span style="mso-spacerun:yes"> </span>transfer family home to RLT has the following language in it:<o:p></o:p></p><p class="MsoNormal"><o:p> </o:p></p><p class="MsoNormal">Smith, Grantor, inconsideration of Love and Affection, <i style="mso-bidi-font-style:normal"><span style="background:yellow;mso-highlight:yellow">reserving a special power of appointment to convey real estate herein only to her lineal descendent heirs</span></i>, conveys and quit claims to SMITH Family Trust U/A Date, the following described property blah <span class="SpellE">blah</span>.<o:p></o:p></p><p class="MsoNormal"><o:p> </o:p></p><p class="MsoNormal"><o:p> </o:p></p><p class="MsoNormal">Deed prepared by attorney which drafted the RLT for client.<o:p></o:p></p><p class="MsoNormal">Would someone with more knowledge than I have explain what the purpose is of reserving this power of appointment?<o:p></o:p></p><p class="MsoNormal">Since the RLT is fully revocable and assets may be transferred out of the trust at will, I do not see the purpose of this clause.<o:p></o:p></p><p class="MsoNormal">And to our resident title attorney, do you see any issue with this reservation clouding title?<o:p></o:p></p><p class="MsoNormal"><o:p> </o:p></p><p class="MsoNormal"><span style="mso-fareast-font-family:"Times New Roman";mso-no-proof:yes">Michael A. Winslow<o:p></o:p></span></p><p class="MsoNormal"><span style="mso-fareast-font-family:"Times New Roman";mso-no-proof:yes">1204 Cleveland Ave.<o:p></o:p></span></p><p class="MsoNormal"><span style="mso-fareast-font-family:"Times New Roman";mso-no-proof:yes">Mount Vernon, WA 98273<o:p></o:p></span></p><p class="MsoNormal"><span style="mso-fareast-font-family:"Times New Roman";mso-no-proof:yes">Ph. 360-336-3321<o:p></o:p></span></p><p class="MsoNormal"><span style="mso-fareast-font-family:"Times New Roman";mso-no-proof:yes">Em. <a href="mailto:Mike@winslegal.com">Mike@winslegal.com</a><o:p></o:p></span></p><p class="MsoNormal"><span style="mso-fareast-font-family:"Times New Roman";mso-no-proof:yes"><o:p> </o:p></span></p><p class="MsoNormal"><span style="mso-fareast-font-family:"Times New Roman";mso-no-proof:yes">This message is from an attorney, so it’s confidential. If you are not the intended recipient, it’s too late to stop reading this message, but you may not use it for any improper purpose. Huge Disclaimer available upon request.<o:p></o:p></span></p><p class="MsoNormal"><o:p> </o:p></p></div></div></blockquote><blockquote type="cite"><div><span>_______________________________________________</span><br><span>WSBAPT mailing list</span><br><span><a href="mailto:WSBAPT@lists.wsbarppt.com">WSBAPT@lists.wsbarppt.com</a></span><br><span><a href="http://mailman.fsr.com/mailman/listinfo/wsbapt">http://mailman.fsr.com/mailman/listinfo/wsbapt</a></span></div></blockquote></div></body></html>