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<p class="MsoNormal"><span style="font-size:14.0pt">Perfect. Just what I was looking for 11.104A.050<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:14.0pt">Thanks.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:14.0pt"><o:p> </o:p></span></p>
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<p class="MsoNormal">Jane G. Bitz<o:p></o:p></p>
<p class="MsoNormal">Of Counsel<o:p></o:p></p>
<p class="MsoNormal">Wolff, Hislop & Crockett, PLLC<o:p></o:p></p>
<p class="MsoNormal">12209 E. Mission Ave, Suite 5<o:p></o:p></p>
<p class="MsoNormal">Spokane Vallley, WA 99206-4824<o:p></o:p></p>
<p class="MsoNormal">(509) 927-9700 x126<o:p></o:p></p>
<p class="MsoNormal">FAX: (509) 777-1800<o:p></o:p></p>
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<p class="MsoNormal"><b>From:</b> wsbapt-bounces@lists.wsbarppt.com <wsbapt-bounces@lists.wsbarppt.com>
<b>On Behalf Of </b>Philip N. Jones<br>
<b>Sent:</b> Wednesday, March 25, 2020 1:06 PM<br>
<b>To:</b> WSBA Probate & Trust Listserv <wsbapt@lists.wsbarppt.com><br>
<b>Subject:</b> Re: [WSBAPT] Stock Dividend Paid While Probate is Open<o:p></o:p></p>
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<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal">Take a look at RCW 11.104A.<br>
Phil Jones <o:p></o:p></p>
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<p class="MsoNormal"><o:p> </o:p></p>
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<p class="MsoNormal"><o:p> </o:p></p>
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<p class="MsoNormal">Philip N. Jones <o:p></o:p></p>
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<p class="MsoNormal">Duffy Kekel LLP<o:p></o:p></p>
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<p class="MsoNormal">Portland, OR<o:p></o:p></p>
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<p class="MsoNormal"><a href="mailto:pjones@duffykekel.com">pjones@duffykekel.com</a><o:p></o:p></p>
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<p class="MsoNormal">(503) 226-1371<o:p></o:p></p>
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<p class="MsoNormal"><br>
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<p class="MsoNormal" style="margin-bottom:12.0pt">On Mar 25, 2020, at 12:49 PM, Jane Bitz <<a href="mailto:jbitz@whc-attorneys.com">jbitz@whc-attorneys.com</a>> wrote:<o:p></o:p></p>
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<p class="MsoNormal"> <o:p></o:p></p>
<p class="MsoNormal"><span style="font-size:14.0pt">Hi All:</span><o:p></o:p></p>
<p class="MsoNormal"><span style="font-size:14.0pt">I have a probate where 3 of the 4 beneficiaries have been given a specific bequest of shares in a closely held corporation located in Canada. The Corporation has told the PR that they will only transfer the
shares to the named beneficiaries when probate is completed. For various reasons, the probate is not ready to close. A dividend is on its way, made payable to the Estate. Should this dividend be distributed to the 3 beneficiaries of the stock (or to their
shares of the estate) OR is it Estate income/property of the Estate, once paid that must be shared in the residuary distribution to all 4 beneficiaries?</span><o:p></o:p></p>
<p class="MsoNormal"><span style="font-size:14.0pt">Thanks for your help, in advance.</span><o:p></o:p></p>
<p class="MsoNormal"><span style="font-size:14.0pt">Jane Bitz.</span><o:p></o:p></p>
<p class="MsoNormal"><span style="font-size:14.0pt"> </span><o:p></o:p></p>
<p class="MsoNormal">Jane G. Bitz<o:p></o:p></p>
<p class="MsoNormal">Of Counsel<o:p></o:p></p>
<p class="MsoNormal">Wolff, Hislop & Crockett, PLLC<o:p></o:p></p>
<p class="MsoNormal">12209 E. Mission Ave, Suite 5<o:p></o:p></p>
<p class="MsoNormal">Spokane Vallley, WA 99206-4824<o:p></o:p></p>
<p class="MsoNormal">(509) 927-9700 x126<o:p></o:p></p>
<p class="MsoNormal">FAX: (509) 777-1800<o:p></o:p></p>
<p class="MsoNormal"> <o:p></o:p></p>
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