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<DIV dir=ltr>
<DIV style="FONT-SIZE: 14pt; FONT-FAMILY: 'Calibri'; COLOR: #000000">
<DIV><FONT size=4>You can do a sale (either for cash or financed) for the
amount of a written appraisal and of course the net proceeds need to be paid to
grandma. There won’t be a lien.</FONT></DIV>
<DIV> </DIV>
<DIV style="FONT-SIZE: 14pt; FONT-FAMILY: 'Calibri'; COLOR: #000000">
<DIV dir=ltr>
<DIV style="FONT-SIZE: 14pt; FONT-FAMILY: 'Calibri'; COLOR: #000000">
<DIV><STRONG><SPAN style="FONT-SIZE: 18pt; COLOR: #004080">Joshua F.
Grant</SPAN></STRONG><SPAN style="COLOR: #004080"><BR></SPAN><SPAN
style="COLOR: black"><IMG title=advocates
style="BORDER-TOP: 0px; BORDER-RIGHT: 0px; BACKGROUND-IMAGE: none; BORDER-BOTTOM: 0px; PADDING-TOP: 0px; PADDING-LEFT: 0px; BORDER-LEFT: 0px; DISPLAY: inline; PADDING-RIGHT: 0px"
border=0 alt=advocates src="cid:806AFC964B6B483C91EEB9075191FCA2@JoshPC"
width=207 height=43><BR></SPAN><SPAN style="FONT-SIZE: 11pt; COLOR: #004080">P.
O. Box 619<BR>Wilbur, WA 99185<BR>509 647 5578</SPAN><SPAN
style="COLOR: black"><o:p></o:p></SPAN></DIV></DIV></DIV></DIV>
<DIV
style='FONT-SIZE: small; TEXT-DECORATION: none; FONT-FAMILY: "Calibri"; FONT-WEIGHT: normal; COLOR: #000000; FONT-STYLE: normal; DISPLAY: inline'>
<DIV style="FONT: 10pt tahoma">
<DIV> </DIV>
<DIV style="BACKGROUND: #f5f5f5">
<DIV style="font-color: black"><B>From:</B> <A title=mike@winslegal.com
href="mailto:mike@winslegal.com">Mike Winslow</A> </DIV>
<DIV><B>Sent:</B> Thursday, May 09, 2019 1:17 PM</DIV>
<DIV><B>To:</B> <A title=wsbapt@lists.wsbarppt.com
href="mailto:wsbapt@lists.wsbarppt.com">'WSBA Probate & Trust Listserv'</A>
</DIV>
<DIV><B>Subject:</B> Re: [WSBAPT] Rent-to-Own Agreement w/
Grandma</DIV></DIV></DIV>
<DIV> </DIV></DIV>
<DIV
style='FONT-SIZE: small; TEXT-DECORATION: none; FONT-FAMILY: "Calibri"; FONT-WEIGHT: normal; COLOR: #000000; FONT-STYLE: normal; DISPLAY: inline'>
<DIV class=WordSection1>
<P class=MsoNormal><SPAN
style='FONT-SIZE: 11pt; FONT-FAMILY: "Calibri","sans-serif"; COLOR: #1f497d; mso-bidi-font-family: "Times New Roman"'>Recap
the prior payments that would be credits toward purchase, then write up a PSA
with these prior payments reported as Down Payment or Purchase payment to
Grandma paid directly to her. Close as a conventional sale with title insurance
and escrow, pay the excise tax and treat as arms-length
transaction.<o:p></o:p></SPAN></P>
<P class=MsoNormal><SPAN
style='FONT-SIZE: 11pt; FONT-FAMILY: "Calibri","sans-serif"; COLOR: #1f497d; mso-bidi-font-family: "Times New Roman"'><o:p></o:p></SPAN> </P>
<P class=MsoNormal><SPAN
style='FONT-SIZE: 11pt; FONT-FAMILY: "Calibri","sans-serif"; COLOR: #1f497d; mso-bidi-font-family: "Times New Roman"'>Transfer
on death deed will no accomplish your goals since that will not vest title to
allow lender to take security interest now.<o:p></o:p></SPAN></P>
<P class=MsoNormal><SPAN
style='FONT-SIZE: 11pt; FONT-FAMILY: "Calibri","sans-serif"; COLOR: #1f497d; mso-bidi-font-family: "Times New Roman"'><o:p></o:p></SPAN> </P>
<DIV>
<P class=MsoNormal><SPAN
style='FONT-SIZE: 11pt; FONT-FAMILY: "Calibri","sans-serif"; COLOR: #1f497d; mso-fareast-font-family: "Times New Roman"; mso-bidi-font-family: "Times New Roman"; mso-no-proof: yes'>Michael
A. Winslow<o:p></o:p></SPAN></P>
<P class=MsoNormal><SPAN
style='FONT-SIZE: 11pt; FONT-FAMILY: "Calibri","sans-serif"; COLOR: #1f497d; mso-fareast-font-family: "Times New Roman"; mso-bidi-font-family: "Times New Roman"; mso-no-proof: yes'>1204
Cleveland Ave.<o:p></o:p></SPAN></P>
<P class=MsoNormal><SPAN
style='FONT-SIZE: 11pt; FONT-FAMILY: "Calibri","sans-serif"; COLOR: #1f497d; mso-fareast-font-family: "Times New Roman"; mso-bidi-font-family: "Times New Roman"; mso-no-proof: yes'>Mount
Vernon, WA 98273<o:p></o:p></SPAN></P>
<P class=MsoNormal><SPAN
style='FONT-SIZE: 11pt; FONT-FAMILY: "Calibri","sans-serif"; COLOR: #1f497d; mso-fareast-font-family: "Times New Roman"; mso-bidi-font-family: "Times New Roman"; mso-no-proof: yes'>Ph.
360-336-3321<o:p></o:p></SPAN></P>
<P class=MsoNormal><SPAN
style='FONT-SIZE: 11pt; FONT-FAMILY: "Calibri","sans-serif"; COLOR: #1f497d; mso-fareast-font-family: "Times New Roman"; mso-bidi-font-family: "Times New Roman"; mso-no-proof: yes'>Em.
Mike@winslegal.com<o:p></o:p></SPAN></P>
<P class=MsoNormal><SPAN
style='FONT-SIZE: 11pt; FONT-FAMILY: "Calibri","sans-serif"; COLOR: #1f497d; mso-fareast-font-family: "Times New Roman"; mso-bidi-font-family: "Times New Roman"; mso-no-proof: yes'><o:p></o:p></SPAN> </P>
<P class=MsoNormal><SPAN
style='FONT-SIZE: 11pt; FONT-FAMILY: "Calibri","sans-serif"; COLOR: #1f497d; mso-fareast-font-family: "Times New Roman"; mso-bidi-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></DIV>
<P class=MsoNormal><SPAN
style='FONT-SIZE: 11pt; FONT-FAMILY: "Calibri","sans-serif"; COLOR: #1f497d; mso-bidi-font-family: "Times New Roman"'><o:p></o:p></SPAN> </P>
<DIV>
<DIV
style="BORDER-TOP: #b5c4df 1pt solid; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0in; PADDING-TOP: 3pt; PADDING-LEFT: 0in; BORDER-LEFT: medium none; PADDING-RIGHT: 0in">
<P class=MsoNormal><B><SPAN
style='FONT-SIZE: 10pt; FONT-FAMILY: "Tahoma","sans-serif"; mso-fareast-font-family: "Times New Roman"'>From:</SPAN></B><SPAN
style='FONT-SIZE: 10pt; FONT-FAMILY: "Tahoma","sans-serif"; mso-fareast-font-family: "Times New Roman"'>
wsbapt-bounces@lists.wsbarppt.com [mailto:wsbapt-bounces@lists.wsbarppt.com]
<B>On Behalf Of </B>Amy Goertz<BR><B>Sent:</B> Thursday, May 09, 2019 12:44
PM<BR><B>To:</B> WSBA Probate & Trust Listserv<BR><B>Subject:</B> [WSBAPT]
Rent-to-Own Agreement w/ Grandma<o:p></o:p></SPAN></P></DIV></DIV>
<P class=MsoNormal><o:p></o:p> </P>
<P class=MsoNormal><SPAN
style='mso-fareast-font-family: "Times New Roman"'>Listmates,<o:p></o:p></SPAN></P>
<DIV>
<P class=MsoNormal><SPAN
style='mso-fareast-font-family: "Times New Roman"'><o:p></o:p></SPAN> </P></DIV>
<DIV>
<P class=MsoNormal><SPAN style='mso-fareast-font-family: "Times New Roman"'>I
have a potential client who wants to buy her 90-year-old grandmother’s home.
<o:p></o:p></SPAN></P></DIV>
<DIV>
<P class=MsoNormal><SPAN
style='mso-fareast-font-family: "Times New Roman"'><o:p></o:p></SPAN> </P></DIV>
<DIV>
<P class=MsoNormal><SPAN
style='mso-fareast-font-family: "Times New Roman"'>About 10 years ago, Grandma
(80+/- at the time) no longer wanted to manage her home and moved into an
apartment with her sister. Client and her husband moved in Grandma’s house under
an understanding of a “rent-to-own” agreement. The only “writing” to document
the agreement are receipts created and signed by Grandma showing client’s
payment of rent, utilities, property taxes, etc. House remains in Grandma’s
name.<o:p></o:p></SPAN></P></DIV>
<DIV>
<P class=MsoNormal><SPAN
style='mso-fareast-font-family: "Times New Roman"'><o:p></o:p></SPAN> </P></DIV>
<DIV>
<P class=MsoNormal><SPAN
style='mso-fareast-font-family: "Times New Roman"'>Client and husband want to
get Home Equity Loan to remodel but they cannot since the home is in Grandma’s
name. Grandma says she will give them the house or sign a transfer-on-death
deed.<o:p></o:p></SPAN></P></DIV>
<DIV>
<P class=MsoNormal><SPAN
style='mso-fareast-font-family: "Times New Roman"'><o:p></o:p></SPAN> </P></DIV>
<DIV>
<P class=MsoNormal><SPAN
style='mso-fareast-font-family: "Times New Roman"'>Client is willing to purchase
the house but is fearful of a Medicaid lien upon Grandma’s death, which is only
imminent due to her age and not any known health
issues.<o:p></o:p></SPAN></P></DIV>
<DIV>
<P class=MsoNormal><SPAN
style='mso-fareast-font-family: "Times New Roman"'><o:p></o:p></SPAN> </P></DIV>
<DIV>
<P class=MsoNormal><SPAN style='mso-fareast-font-family: "Times New Roman"'>Any
thoughts on how best to execute a sale to the granddaughter that will pass
muster upon review?<o:p></o:p></SPAN></P></DIV>
<DIV>
<P class=MsoNormal><SPAN
style='mso-fareast-font-family: "Times New Roman"'><o:p></o:p></SPAN> </P></DIV>
<DIV>
<P class=MsoNormal><SPAN
style='mso-fareast-font-family: "Times New Roman"'>Amy<o:p></o:p></SPAN></P></DIV>
<DIV>
<P class=MsoNormal><SPAN
style='mso-fareast-font-family: "Times New Roman"'><o:p></o:p></SPAN> </P>
<DIV>
<DIV>
<DIV>
<DIV>
<DIV>
<DIV>
<P class=MsoNormal><I><SPAN
style='FONT-SIZE: 9pt; FONT-FAMILY: "Lucida Calligraphy"; COLOR: black; mso-fareast-font-family: "Times New Roman"; mso-bidi-font-family: helvetica'><BR>Amy
J. Goertz, J.D.</SPAN></I><SPAN
style='FONT-SIZE: 9pt; FONT-FAMILY: "Helvetica","sans-serif"; COLOR: black; mso-fareast-font-family: "Times New Roman"'><o:p></o:p></SPAN></P></DIV>
<DIV>
<P class=MsoNormal><I><SPAN
style='FONT-SIZE: 9pt; FONT-FAMILY: "Lucida Calligraphy"; COLOR: black; mso-fareast-font-family: "Times New Roman"; mso-bidi-font-family: helvetica'>Goertz
& Lambrecht PLLC</SPAN></I><SPAN
style='FONT-SIZE: 9pt; FONT-FAMILY: "Helvetica","sans-serif"; COLOR: black; mso-fareast-font-family: "Times New Roman"'><o:p></o:p></SPAN></P></DIV>
<DIV>
<DIV>
<P class=MsoNormal><SPAN
style='FONT-SIZE: 9pt; FONT-FAMILY: "Helvetica","sans-serif"; COLOR: black; mso-fareast-font-family: "Times New Roman"'><A
href="mailto:amyjgoertz@icloud.com">amyjgoertz@icloud.com</A> <o:p></o:p></SPAN></P></DIV>
<DIV>
<P class=MsoNormal><SPAN
style='FONT-SIZE: 9pt; FONT-FAMILY: "Helvetica","sans-serif"; COLOR: black; mso-fareast-font-family: "Times New Roman"'><o:p></o:p></SPAN> </P></DIV>
<DIV>
<P class=MsoNormal style="MARGIN-BOTTOM: 12pt"><SPAN
style='FONT-SIZE: 9pt; FONT-FAMILY: "Helvetica","sans-serif"; COLOR: black; mso-fareast-font-family: "Times New Roman"'>1.888.926.2607
phone<BR>1.877.684.1627 fax<o:p></o:p></SPAN></P></DIV>
<DIV>
<P class=MsoNormal><SPAN
style='FONT-SIZE: 9pt; FONT-FAMILY: "Helvetica","sans-serif"; COLOR: black; mso-fareast-font-family: "Times New Roman"'>Address
for correspondence:<o:p></o:p></SPAN></P></DIV>
<DIV>
<P class=MsoNormal><SPAN
style='FONT-SIZE: 9pt; FONT-FAMILY: "Helvetica","sans-serif"; COLOR: black; mso-fareast-font-family: "Times New Roman"'>2829
S. Grand Blvd., Suite 303<BR>Spokane, WA 99203 <o:p></o:p></SPAN></P></DIV>
<DIV>
<P class=MsoNormal><SPAN
style='FONT-SIZE: 9pt; FONT-FAMILY: "Helvetica","sans-serif"; COLOR: black; mso-fareast-font-family: "Times New Roman"'><o:p></o:p></SPAN> </P></DIV>
<DIV>
<P class=MsoNormal><SPAN
style='FONT-SIZE: 9pt; FONT-FAMILY: "Helvetica","sans-serif"; COLOR: black; mso-fareast-font-family: "Times New Roman"'>Additional
office locations:<o:p></o:p></SPAN></P></DIV>
<DIV>
<P class=MsoNormal><SPAN
style='FONT-SIZE: 9pt; FONT-FAMILY: "Helvetica","sans-serif"; COLOR: black; mso-fareast-font-family: "Times New Roman"'>510
Bell Street<BR>Edmonds, WA 98020<o:p></o:p></SPAN></P></DIV>
<DIV>
<P class=MsoNormal><SPAN
style='FONT-SIZE: 9pt; FONT-FAMILY: "Helvetica","sans-serif"; COLOR: black; mso-fareast-font-family: "Times New Roman"'><o:p></o:p></SPAN> </P></DIV>
<DIV>
<P class=MsoNormal><SPAN
style='FONT-SIZE: 9pt; FONT-FAMILY: "Helvetica","sans-serif"; COLOR: black; mso-fareast-font-family: "Times New Roman"'>7418
East Helm Drive<BR>Scottsdale, AZ 85260<o:p></o:p></SPAN></P></DIV>
<DIV>
<P class=MsoNormal><SPAN
style='FONT-SIZE: 9pt; FONT-FAMILY: "Helvetica","sans-serif"; COLOR: black; mso-fareast-font-family: "Times New Roman"'><o:p></o:p></SPAN> </P></DIV>
<DIV>
<P class=MsoNormal><SPAN
style='FONT-SIZE: 9pt; FONT-FAMILY: "Helvetica","sans-serif"; COLOR: black; mso-fareast-font-family: "Times New Roman"'>Goertz
& Lambrecht PLLC<o:p></o:p></SPAN></P></DIV>
<DIV>
<P class=MsoNormal><SPAN
style='FONT-SIZE: 9pt; FONT-FAMILY: "Helvetica","sans-serif"; COLOR: black; mso-fareast-font-family: "Times New Roman"'><A
href="http://www.goertzlambrecht.com/">www.goertzlambrecht.com</A><o:p></o:p></SPAN></P></DIV></DIV></DIV></DIV></DIV></DIV></DIV>
<P class=MsoNormal><SPAN
style='mso-fareast-font-family: "Times New Roman"'><o:p></o:p></SPAN> </P></DIV></DIV>
<P>
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