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</o:shapelayout></xml><![endif]--></head><body lang=EN-US link="#0563C1" vlink="#954F72"><div class=WordSection1><p class=MsoNormal>I’ve always interpreted the statute and regs to limit the devise upon death to a relative exemption as not applying if the devise is to an irrevocable trust.<o:p></o:p></p><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal>John J. Sullivan<o:p></o:p></p><p class=MsoNormal><o:p> </o:p></p><div><div style='border:none;border-top:solid #E1E1E1 1.0pt;padding:3.0pt 0in 0in 0in'><p class=MsoNormal style='margin-bottom:0in;line-height:normal'><b>From:</b> wsbapt-bounces@lists.wsbarppt.com <wsbapt-bounces@lists.wsbarppt.com> <b>On Behalf Of </b>John Creahan<br><b>Sent:</b> Wednesday, September 2, 2020 2:36 PM<br><b>To:</b> WSBA Probate & Trust Listserv <wsbapt@lists.wsbarppt.com><br><b>Subject:</b> [WSBAPT] Garn-St Germaine question<o:p></o:p></p></div></div><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Times New Roman",serif'>Hi,<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Times New Roman",serif'>A client owns a house (with a mortgage). Two siblings live with her and she wants them to have the option to remain in the house after her death.<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Times New Roman",serif'>Garn-St. Germaine prohibits a bank from enforcing a due-on-sale clause in a mortgage if the property is transferred “to a relative resulting from the death of a borrower.” Does anyone know if the transfer to a testamentary trust for a relative’s benefit would also be protected?<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Times New Roman",serif'>Thanks,<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Times New Roman",serif'>John<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Times New Roman",serif'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Times New Roman",serif'><o:p> </o:p></span></p><p class=MsoNormal style='margin-bottom:0in;line-height:normal'><span style='font-size:14.0pt;font-family:"Tw Cen MT",sans-serif;color:#595959'>John Creahan</span><span style='font-size:12.0pt;font-family:"Tw Cen MT",sans-serif;color:#595959'><br>206-578-5877<br></span><a href="http://www.cairn-law.com/"><span style='font-size:12.0pt;font-family:"Tw Cen MT",sans-serif;color:#595959'>www.cairn-law.com</span></a><span style='font-size:12.0pt;font-family:"Tw Cen MT",sans-serif;color:#4F6228'><o:p></o:p></span></p><p class=MsoNormal style='margin-bottom:0in;line-height:normal'><span style='font-size:12.0pt;font-family:"Tw Cen MT",sans-serif;color:#595959'><o:p> </o:p></span></p><p class=MsoNormal style='margin-bottom:0in;line-height:normal'><span style='font-family:"Tw Cen MT",sans-serif;color:#595959'>Fremont office:<o:p></o:p></span></p><p class=MsoNormal style='margin-bottom:0in;line-height:normal'><span style='font-family:"Tw Cen MT",sans-serif;color:#595959'>3417 Evanston Ave. N, Suite 312<br>Seattle, WA 98103<br><br></span><span style='font-size:12.0pt;font-family:"Tw Cen MT",sans-serif;color:#4F6228'><o:p></o:p></span></p><p class=MsoNormal style='margin-bottom:0in;line-height:normal'><span style='color:#39471D'><img border=0 width=161 height=60 style='width:1.677in;height:.625in' id="Picture_x0020_1" src="cid:image001.png@01D68178.70BAFE90"></span><span style='font-size:12.0pt;font-family:"Times New Roman",serif'><o:p></o:p></span></p><p class=MsoNormal><o:p> </o:p></p></div></body></html>