<html><body><span style="font-family:Times New Roman; color:#000000; font-size:12pt;"><div><span class="mceItemHidden">Thanks Diane </span></div><div><br></div><div><img id="sigimg0" title="signature image" src="cid:sigimg0@c78162485b7ddb7ba773bd7e65b42438" border="0" alt=""></div><div><br><br></div><span class="mceItemHidden">
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Subject: Re: [<span class="mceItemHiddenSpellWord">WSBAPT</span>] remove Parent's interest in decedent's bank and</span><br><span class="mceItemHidden">
real property</span><br><span class="mceItemHidden">
From: "Diane J. <span class="mceItemHiddenSpellWord">Kiepe</span>" <<a href="mailto:DJKiepe@depdslaw.com">DJKiepe@depdslaw.com</a>></span><br><span class="mceItemHidden">
Date: Mon, June 03, 2019 8:29 am</span><br><span class="mceItemHidden">
To: "'WSBA Probate & Trust Listserv'" <<a href="mailto:wsbapt@lists.wsbarppt.com">wsbapt@lists.wsbarppt.com</a>></span><br><span class="mceItemHidden">
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</span></style> <div class="WordSection1"> <div class="MsoNormal" style="font-size:12pt;"><span class="mceItemHidden">I think you have to look at the facts of who actually contributed to the purchase price and the account. If it was only son, a simple affidavit that dad was on for convenience only, not a true owner in interest, that would be a starting point. Then list it on the inventory, then a TEDRA or disclaimer by folks so t hat it will go to sole surviving child.</span><o:p></o:p></div> <div class="MsoNormal" style="font-size:12pt;"><o:p><span class="mceItemHidden"> </span></o:p></div> <div class="MsoNormal" style="font-size:12pt;"><span class="mceItemHidden">If dad in anyway is a true owner as shown by a gift tax return filed when dad was added, or dad contributing to the account/paying on real estate, etc., you need to adjust for that fact but based on what you typed.</span><o:p></o:p></div> <div class="MsoNormal" style="font-size:12pt;"><o:p><span class="mceItemHidden"> </span></o:p></div> <div> <div style="border:none;border-top:solid #E1E1E1 1.0pt;padding:3.0pt 0in 0in 0in"> <div class="MsoNormal" style="font-size:12pt;"><b><span class="mceItemHidden">From:</span></b><span class="mceItemHidden"> <a href="mailto:wsbapt-bounces@lists.wsbarppt.com">wsbapt-bounces@lists.wsbarppt.com</a> <<a href="mailto:wsbapt-bounces@lists.wsbarppt.com">wsbapt-bounces@lists.wsbarppt.com</a>> </span><b><span class="mceItemHidden">On Behalf Of </span></b><span class="mceItemHidden"><a href="mailto:michael@westseattleattorney.com">michael@westseattleattorney.com</a></span><br> <b><span class="mceItemHidden">Sent:</span></b><span class="mceItemHidden"> Sunday, June 2, 2019 1:46 PM</span><br> <b><span class="mceItemHidden">To:</span></b><span class="mceItemHidden"> <span class="mceItemHiddenSpellWord">WSBA</span> Probate & Trust <span class="mceItemHiddenSpellWord">Listserve</span> <<a href="mailto:wsbapt@lists.wsbarppt.com">wsbapt@lists.wsbarppt.com</a>></span><br> <b><span class="mceItemHidden">Subject:</span></b><span class="mceItemHidden"> [<span class="mceItemHiddenSpellWord">WSBAPT</span>] remove Parent's interest in decedent's bank and real property</span><o:p></o:p></div> </div> </div> <div class="MsoNormal" style="font-size:12pt;"><o:p><span class="mceItemHidden"> </span></o:p></div> <div> <div class="MsoNormal" style="font-size:12pt;"><span style="font-size:12.0pt;font-family:"Times New Roman",serif;color:black"><span class="mceItemHidden">Son passes without a will with about $440k in bank and $450k in real property. Dad on both as half owner thinking it would help son during his sickness. He and Mom do not want to inherit and will waive being administrator and allow their sole surviving child to inherit. How to remove Dad's interest(s)? Dad and Mom have a $5million estate. Thanks Mike</span><o:p></o:p></span></div> </div> <div> <div class="MsoNormal" style="font-size:12pt;"><span style="font-size:12.0pt;font-family:"Times New Roman",serif;color:black"><o:p><span class="mceItemHidden"> </span></o:p></span></div> </div> <div> <div class="MsoNormal" style="font-size:12pt;"><span style="font-size:12.0pt;font-family:"Times New Roman",serif;color:black"><img width="500" height="100" style="width:5.2083in;height:1.0416in" id="sigimg0" src="cid:image001.png@01D519E6.74A91C30" wbeuser="michael@westseattleattorney.com"><o:p></o:p></span></div> </div> </div> <hr><span class="mceItemHidden">***Disclaimer: Please note that <span class="mceItemHiddenSpellWord">RPPT</span> <span class="mceItemHiddenSpellWord">listserv</span> participation is not restricted to practicing attorneys and may include non-practicing attorneys, law students, professionals working in related fields, and others.***</span><br><span class="mceItemHidden">
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