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<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D">Hi Tom,<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D">As it happens, you have an expert on this right in your own backyard (well, at least on one island over from Orcas)! I spoke with my law partner Garrett Beyer,
who is an international business and tax attorney with extensive experience in US-Canada matters including estate planning. His initial thought, on the basis of the facts contained in your email below, is that a form of hybrid trust arrangement may be able
to solve Canadian-side tax issues and reduce or eliminate US-side issues. However, he needs more facts. He says that you should feel free to give him a call. 360-378-2185.
<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D">Regards,<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D">Carla<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;font-variant:small-caps;color:#1F497D">___________________________<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:4.0pt;font-variant:small-caps;color:#1F497D"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;font-variant:small-caps;color:#1F497D">Carla J. Higginson,
</span><span style="font-size:10.0pt;font-variant:small-caps;color:#1F497D">Attorney</span><b><span style="font-size:11.0pt;color:#1F497D">
<o:p></o:p></span></b></p>
<p class="MsoNormal"><b><span style="font-family:"Georgia","serif";font-variant:small-caps;color:#30452F">Higginson Beyer</span></b><b><span style="font-size:9.0pt;font-family:"Georgia","serif";font-variant:small-caps;color:#30452F">, P.S.
</span></b><span style="font-size:10.0pt;font-variant:small-caps;color:#1F497D"> </span><span style="font-size:10.0pt;font-family:"Calibri","sans-serif";font-variant:small-caps;color:#1F497D"><img width="120" height="33" id="Picture_x0020_1" src="cid:image001.png@01D4FF69.39636050" alt="cid:image004.png@01D142F8.438976E0"></span><span style="font-size:10.0pt;font-variant:small-caps;color:#1F497D">
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<p class="MsoNormal"><i><u><span style="font-size:7.5pt;font-family:"Georgia","serif";color:#1F497D">Friday Harbor Office</span></u></i><i><span style="font-size:7.5pt;font-family:"Georgia","serif";color:#1F497D">:<o:p></o:p></span></i></p>
<p class="MsoNormal"><span style="font-size:9.0pt;font-family:"Book Antiqua","serif";color:#1F497D">175 Second Street North, Friday Harbor, Washington 98250 | Telephone: (360) 378-2185 | Facsimile: (360) 378-3935<o:p></o:p></span></p>
<p class="MsoNormal"><i><u><span style="font-size:7.5pt;font-family:"Georgia","serif";color:#1F497D">Seattle Office</span></u></i><i><span style="font-size:7.5pt;font-family:"Georgia","serif";color:#1F497D">:<o:p></o:p></span></i></p>
<p class="MsoNormal"><span style="font-size:9.0pt;font-family:"Book Antiqua","serif";color:#1F497D">701 Fifth Avenue, Suite 5500, Seattle, Washington 98104 | Telephone: (206) 623-8888 | Facsimile: (360) 378-3935<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:9.0pt;font-family:"Book Antiqua","serif";color:#1F497D"><o:p> </o:p></span></p>
<p class="MsoNormal"><b><i><u><span style="font-size:8.0pt;font-family:"Georgia","serif";color:#1C230F"><a href="mailto:carla@higginsonbeyer.com"><span style="color:blue">carla@higginsonbeyer.com</span></a><o:p></o:p></span></u></i></b></p>
<p class="MsoNormal"><i><span style="font-size:9.0pt;font-family:"Book Antiqua","serif";color:#1F497D">HigginsonBeyer.com<o:p></o:p></span></i></p>
<p class="MsoNormal"><i><span style="font-size:6.0pt;font-family:"Arial","sans-serif";color:#1F497D"><o:p> </o:p></span></i></p>
<p class="MsoNormal" style="text-align:justify"><span style="font-size:7.0pt;font-family:"Arial","sans-serif";color:#1F497D">*************************************************************************************<o:p></o:p></span></p>
<p class="MsoNormal" style="text-align:justify"><span style="font-size:7.0pt;font-family:"Arial","sans-serif";color:#1F497D">CONFIDENTIALITY NOTICE: The information in this electronic mail is legally privileged and confidential information intended only for
the use of the individual or entity named above. If the reader of this message is not the intended recipient, you are hereby notified that any dissemination, distribution or copy of the transmission is strictly prohibited. If you have received this transmission
in error, please delete the message and immediately notify us by telephone at (360) 378-2185 or by e-mail. Internet Communications are not secure and subject to possible data corruption, either accidentally or on purpose, and may contain viruses. Furthermore,
e-mail is an informal method of communication and for these reasons, it will normally be inappropriate to rely on advice contained in an e-mail without obtaining written confirmation of it. If we receive a request from you via e-mail, we will treat that as
authority to reply by e-mail.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:7.0pt;font-family:"Arial","sans-serif";color:#1F497D">*************************************************************************************</span><span style="font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D"><o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D"><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>Thomas Fiscus<br>
<b>Sent:</b> Tuesday, April 30, 2019 2:19 PM<br>
<b>To:</b> WSBA Probate & Trust Listserv<br>
<b>Subject:</b> [WSBAPT] Canadian Owner of Washington Real Estate<o:p></o:p></span></p>
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<p class="MsoNormal"><o:p> </o:p></p>
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<p class="ydp34bc2957msonormal"><span style="font-family:"Garamond","serif"">Hi Listmates –
<o:p></o:p></span></p>
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<p class="ydp34bc2957msonormal"><span style="font-family:"Garamond","serif"">This may be a common problem for attorneys of our ilk in Washington, but new to me. Client and her sister are Canadian. The sister owns Washington real property in which the client
lives with her U.S. citizen husband and two U.S. citizen daughters. Sister wants to transfer the property to my client, or the client’s daughters, with minimal costs in fees and taxes. Sister doesn’t want to sell the property, so as to avoid FIRPTA. RCW
11.20.090 would appear to allow the Sister to create a revocable living trust in Washington and distribute the property at death to the daughters, whom I believe could claim a stepped up basis at that time. The property would probably still be under the Washington
estate tax threshold. The Sister could instead bequeath the property to the daughters via Will, but I’m unclear about the Canadian tax consequences of that. Anyone have an idea how best to minimize hassle and taxes in this situation?<o:p></o:p></span></p>
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<p class="ydp34bc2957msonormal"><span style="font-family:"Garamond","serif"">Thanks<o:p></o:p></span></p>
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<p class="MsoNormal"><span style="font-family:"Garamond","serif"">Tom Fiscus<o:p></o:p></span></p>
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<p class="MsoNormal"><span style="font-family:"Garamond","serif""><o:p> </o:p></span></p>
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<p class="MsoNormal"><b><i><span style="font-family:"Arial","sans-serif"">Law Office of Thomas J. Fiscus</span></i></b><b><i><span style="font-size:10.0pt;font-family:"Arial","sans-serif""><br>
Box 1167</span></i></b><span style="font-family:"Garamond","serif""><o:p></o:p></span></p>
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<p class="MsoNormal"><b><i><span style="font-size:10.0pt;font-family:"Arial","sans-serif"">Eastsound, WA 98245</span></i></b><span style="font-family:"Garamond","serif""><o:p></o:p></span></p>
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<p class="MsoNormal"><b><i><span style="font-size:10.0pt;font-family:"Arial","sans-serif"">Ph 360-376-3988<br>
WSBA # 44741</span></i></b><span style="font-family:"Garamond","serif""><o:p></o:p></span></p>
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