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<p class="MsoNormal"><span style="color:#1F497D">Yes, in Washington State, since we are community property, so long as the property is considered community all gets a step-up (a win for our state!). All property acquired during marriage is presumed (rebuttable)
to be CP – the title is irrelevant and in this case is likely just a probate avoidance mechanism.
<o:p></o:p></span></p>
<p class="MsoNormal"><span style="color:#1F497D"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="color:#1F497D">Best of luck,<o:p></o:p></span></p>
<p class="MsoNormal"><span style="color:#1F497D"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="color:#1F497D"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Segoe Script","sans-serif";color:#1F497D">Diane J. Kiepe<o:p></o:p></span></p>
<p class="MsoNormal"><span style="color:#1F497D"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="color:#1F497D">Diane J. Kiepe, Attorney at Law<o:p></o:p></span></p>
<p class="MsoNormal"><span style="color:#1F497D">Douglas </span><span style="font-family:"Times New Roman","serif";color:#1F497D">•</span><span style="color:#1F497D"> Eden<o:p></o:p></span></p>
<p class="MsoNormal"><span style="color:#1F497D">717 W. Sprague Ave., Suite 1500<o:p></o:p></span></p>
<p class="MsoNormal"><span style="color:#1F497D">Spokane, WA 99201<o:p></o:p></span></p>
<p class="MsoNormal"><span style="color:#1F497D">Phone: (509) 455-5300<o:p></o:p></span></p>
<p class="MsoNormal"><span style="color:#1F497D">Fax: (509) 455-5348<o:p></o:p></span></p>
<p class="MsoNormal"><span style="color:#1F497D">djkiepe@depdslaw.com<o:p></o:p></span></p>
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<p class="MsoNormal"><b><span style="font-size:10.0pt;font-family:"Tahoma","sans-serif"">From:</span></b><span style="font-size:10.0pt;font-family:"Tahoma","sans-serif""> wsbapt-bounces@lists.wsbarppt.com [mailto:wsbapt-bounces@lists.wsbarppt.com]
<b>On Behalf Of </b>Jeff Davis<br>
<b>Sent:</b> Monday, November 26, 2018 1:56 PM<br>
<b>To:</b> 'WSBA Probate & Trust Listserv'<br>
<b>Cc:</b> mindy@bellanddavispllc.com<br>
<b>Subject:</b> [WSBAPT] Husband & Wife hold title to home as JTWROS<o:p></o:p></span></p>
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<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal">Listmates, <o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal">Clients purchased their Washington residence as “X & Y, husband and wife, as joint tenants with right of survivorship.” Question, on the death of the first spouse will the entire property get a step up in basis or just one-half?<o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal">Thanks for your input.<o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal">Jeff Davis<o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal"><span style="font-size:10.0pt;font-family:"Tahoma","sans-serif";color:black">W. Jeff Davis, Esq.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:10.0pt;font-family:"Tahoma","sans-serif";color:black">BELL & DAVIS PLLC<br>
P.O. Box 510<br>
Sequim WA 98382<br>
Phone No.:(360) 683.1129 <br>
Fax No.: (360) 683.1258 <br>
email: <a href="mailto:info@bellanddavispllc.com"><span style="color:blue">info@bellanddavispllc.com</span></a><br>
<a href="http://www.bellanddavispllc.com/" target="_blank"><span style="color:blue">www.bellanddavispllc.com</span></a><br>
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