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</o:shapelayout></xml><![endif]--></head><body lang=EN-US link=blue vlink=purple><div class=WordSection1><p class=MsoNormal><span style='font-size:14.0pt;font-family:"Times New Roman",serif'>Why not just a Family Settlement Agreement/REETA? See below from my form brief:<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:14.0pt;font-family:"Times New Roman",serif'><o:p> </o:p></span></p><p class=MsoNormal align=center style='text-align:center;line-height:150%'><b><span style='font-size:14.0pt;line-height:150%'>II. BASIS FOR AGREEMENT</span></b><b><span style='font-size:14.0pt;line-height:150%;font-family:"Times New Roman",serif'><o:p></o:p></span></b></p><p class=MsoNormal style='margin-right:6.3pt;line-height:150%'><b><span style='font-size:14.0pt;line-height:150%'> A. Family Settlement Agreement Doctrine.</span></b><span style='font-size:14.0pt;line-height:150%'> Washington law provides that family members may settle matters subject to probated estates by agreement: <b> <o:p></o:p></b></span></p><p class=MsoNormal style='mso-margin-top-alt:0in;margin-right:.5in;margin-bottom:0in;margin-left:.5in;margin-bottom:.0001pt;background:white'><span style='font-size:13.0pt;color:black'>The rules applicable to family settlement are discussed at length in the case of Warner v. Warner, 124 Conn. 625, 1 A.2d 911, 914, 118 A.L.R. 1348, and in the annotations beginning at page 1357. It is quite generally stated that family settlements are favorites of the law. The opinion cites 12 Am.Jur., Contracts, §§ 85, 86, 87, and states:<o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:0in;margin-right:.5in;margin-bottom:0in;margin-left:.5in;margin-bottom:.0001pt;background:white'><span style='font-size:10.0pt;color:black'><o:p> </o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:0in;margin-right:.7in;margin-bottom:0in;margin-left:.7in;margin-bottom:.0001pt;background:white'><span style='font-size:13.0pt;color:black'>‘The settlement by compromise of will contests and family disputes, being calculated to avert contentions, adjust doubtful rights, contribute to peace and harmony, protect the honor of the family, and avoid litigation, is not in contravention of public policy, and, when fairly arrived at, is favored both in law and in equity.’</span><span style='font-size:9.5pt;font-family:"Arial",sans-serif;color:black'><br><br></span><span style='color:black'><o:p></o:p></span></p><p class=MsoNormal style='margin-right:6.3pt;line-height:150%'><i><span style='font-size:14.0pt;line-height:150%'>In re Witte's Estate</span></i><span style='font-size:14.0pt;line-height:150%'>, 25 Wash. 2d 487, 498 (1946); <i>see also, Hadley v. Cowan</i>, 60 Wash. App. 433, 438–39, 804 P.2d 1271, 1274 (1991) ("Family settlements such as this should be accorded finality to the fullest extent possible, and should be encouraged and fostered as a matter of public policy").</span><span style='font-size:13.0pt;line-height:150%'><o:p></o:p></span></p><p class=MsoNormal style='margin-right:1.8pt;line-height:150%'><span style='font-size:14.0pt;line-height:150%'> <b>B. TEDRA. </b>The Trust and Estate Dispute Resolution Act also provides a basis for this Family Settlement Agreement: <o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:0in;margin-right:.5in;margin-bottom:0in;margin-left:.5in;margin-bottom:.0001pt'><span style='font-size:13.0pt;color:black;background:white'>The overall purpose of this chapter is to set forth generally applicable statutory provisions for the resolution of disputes and other matters involving trusts and estates in a single chapter under Title 11 RCW. The provisions are intended to provide nonjudicial methods for the resolution of matters, such as mediation, arbitration, and agreement. This chapter also provides for judicial resolution of disputes if other methods are unsuccessful.</span><span style='font-size:13.0pt;color:black'><br><br><span style='background:white'><o:p></o:p></span></span></p><p class=MsoNormal style='line-height:150%'><span style='font-size:14.0pt;line-height:150%'>RCW 11.96A.010. <o:p></o:p></span></p><p class=MsoNormal style='margin-right:6.3pt;line-height:150%'><span style='font-size:14.0pt;line-height:150%'> The parts of TEDRA that address settlement agreements start with RCW 11.96A.210, which says that RCW 11.96A.220-.250 are intended "to provide a binding nonjudical procedure to resolve matters through written agreements among the parties interested in [an] estate or trust. The procedure is supplemental to, and may not derogate from, any other proceedings or provision authorized by the common law." This means that this nonjudicial procedure established by TEDRA is supplemental to the application of the Family Support Agreement doctrine. Such an Agreement should identify the subject matter and the parties, and be reduced to writing; and upon filing of the Agreement, or a Memorandum of the Agreement, it becomes equivalent to a final court order that is binding on all persons interested in the Estate or trust. <o:p></o:p></span></p><p class=MsoNormal style='line-height:150%'><span style='font-size:14.0pt;line-height:150%'> TEDRA provisions regarding Agreements include the following:<o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:0in;margin-right:.5in;margin-bottom:0in;margin-left:.5in;margin-bottom:.0001pt'><span style='font-size:14.0pt'> </span><b><span style='font-size:13.0pt'>11.96A.210. Purpose.</span></b><span style='font-size:13.0pt'> The purpose of RCW 11.96A.220 through 11.96A.250 is to provide a binding nonjudicial procedure to resolve matters through written agreements among the parties interested in the estate or trust. The procedure is supplemental to, and may not derogate from, any other proceeding or provision authorized by statute or the common law.<o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:0in;margin-right:.5in;margin-bottom:0in;margin-left:.5in;margin-bottom:.0001pt'><span style='font-size:12.0pt'><o:p> </o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:0in;margin-right:.5in;margin-bottom:0in;margin-left:.5in;margin-bottom:.0001pt'><span style='font-size:13.0pt'> <b>11.96A.220. Binding agreement.</b> RCW 11.96A.210 through 11.96A.250 shall be applicable to the resolution of any matter, as defined by RCW 11.96A.030, other than matters subject to chapter 11.88 or 11.92 RCW, or a trust for a minor or other incapacitated person created at its inception by the judgment or decree of a court unless the judgment or decree provides that RCW 11.96A.210 through 11.96A.250 shall be applicable. If all parties agree to a resolution of any such matter, then the agreement shall be evidenced by a written agreement signed by all parties. Subject to the provisions of RCW 11.96A.240, the written agreement shall be binding and conclusive on all persons interested in the estate or trust. The agreement shall identify the subject matter of the dispute and the parties. If the agreement or a memorandum of the agreement is to be filed with the court under RCW 11.96A.230, the agreement may, but need not, include provisions specifically addressing jurisdiction, governing law, the waiver of notice of the filing as provided in RCW 11.96A.230, and the discharge of any special representative who has acted with respect to the agreement... . <o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:0in;margin-right:.5in;margin-bottom:0in;margin-left:.5in;margin-bottom:.0001pt'><span style='font-size:12.0pt'><o:p> </o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:0in;margin-right:.5in;margin-bottom:0in;margin-left:.5in;margin-bottom:.0001pt'><span style='font-size:13.0pt'> <b>11.96A.230. Entry of agreement with court--Effect<o:p></o:p></b></span></p><p class=MsoNormal style='mso-margin-top-alt:0in;margin-right:.5in;margin-bottom:0in;margin-left:.5in;margin-bottom:.0001pt'><span style='font-size:13.0pt'> (1) Any party, or a party's legal representative, may file the written agreement or a memorandum summarizing the written agreement with the court having jurisdiction over the estate or trust. ... Failure to complete any action authorized or required under this subsection does not cause the written agreement to be ineffective and the agreement is nonetheless binding and conclusive on all persons interested in the estate or trust.<o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:0in;margin-right:.5in;margin-bottom:0in;margin-left:.5in;margin-bottom:.0001pt'><span style='font-size:13.0pt'> (2) On filing the agreement or memorandum, the agreement will be deemed approved by the court and is equivalent to a final court order binding on all persons interested in the estate or trust.<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:14.0pt;font-family:"Times New Roman",serif'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-size:14.0pt;font-family:"Times New Roman",serif'> <o:p></o:p></span></p><p class=MsoNormal><span style='font-size:14.0pt;font-family:"Times New Roman",serif'><o:p> </o:p></span></p><div><p class=MsoNormal><span style='font-size:14.0pt;font-family:"Times New Roman",serif'>Robert D. Wilson-Hoss<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:14.0pt;font-family:"Times New Roman",serif'>Hoss & Wilson-Hoss, LLP<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:14.0pt;font-family:"Times New Roman",serif'>236 West Birch Street<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:14.0pt;font-family:"Times New Roman",serif'>Shelton, WA 98584<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:14.0pt;font-family:"Times New Roman",serif'>360 426-2999<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:14.0pt;font-family:"Times New Roman",serif'><a href="http://www.hossandwilson-hoss.com">www.hossandwilson-hoss.com</a><o:p></o:p></span></p><p class=MsoNormal><span style='font-size:14.0pt;font-family:"Times New Roman",serif'><a href="mailto:rob@hctc.com">rob@hctc.com</a><o:p></o:p></span></p><p class=MsoNormal><span style='font-size:14.0pt;font-family:"Times New Roman",serif'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-size:14.0pt;font-family:"Times New Roman",serif'>This message is intended solely for the use of the addressee and may contain information that is privileged, confidential, and exempt from disclosure under applicable law. If you are not the addressee, you are hereby notified that any use, distribution, or copying of this message is strictly prohibited. If you received this message in error, please notify us by reply e-mail or by telephone (call us collect at the number listed above) and immediately delete this message and any and all of its attachments. Thank you.<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:14.0pt;font-family:"Times New Roman",serif'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-size:14.0pt;font-family:"Times New Roman",serif'>THIS OFFICE DOES DEBT COLLECTION AND THIS E-MAIL MAY BE AN ATTEMPT TO COLLECT A DEBT, ANY INFORMATION OBTAINED WILL BE USED FOR THAT PURPOSE. To the extent the Federal Fair Debt Collection Practices Act (15 U.S.C. § 1692) applies this firm is acting as a debt collector for the condominium/homeowners' association named above to collect a debt owed to it. Any information obtained will be used for collection purposes. You have the right to seek advice of legal counsel.<o:p></o:p></span></p></div><p class=MsoNormal><span style='font-size:14.0pt;font-family:"Times New Roman",serif'><o:p> </o:p></span></p><div><div style='border:none;border-top:solid #E1E1E1 1.0pt;padding:3.0pt 0in 0in 0in'><p class=MsoNormal><b>From:</b> wsbapt-bounces@lists.wsbarppt.com <wsbapt-bounces@lists.wsbarppt.com> <b>On Behalf Of </b>Matt Yates<br><b>Sent:</b> Wednesday, September 23, 2020 1:51 PM<br><b>To:</b> WSBA Probate & Trust Listserv <wsbapt@lists.wsbarppt.com><br><b>Subject:</b> [WSBAPT] Any Tricks or Tips to Avoid REET on Subsequent Transfers<o:p></o:p></p></div></div><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal>I have an estate where Mother left estate to son and daughter in equal shares. They have other reasons that they cannot work out a non-pro rata distribution so have resolved to take Mother’s house as tenants in common and then son would like to buy out daughter’s interest in Mother’s house. I am relatively certain that no REET exemption will apply to subsequent transfer (458-61A-202(6)) from sister to brother of her interest but wanted to ensure that I have not missed any opportunity. Thus, I am asking the braintrust. Any advice is welcome. <o:p></o:p></p><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal>Cheers,<o:p></o:p></p><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal>Matt<o:p></o:p></p><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal><span style='font-family:"Times New Roman",serif'>Matthew D. Yates<o:p></o:p></span></p><p class=MsoNormal><span style='font-family:"Times New Roman",serif'>Attorney at Law<o:p></o:p></span></p><p class=MsoNormal><span style='font-family:"Times New Roman",serif'>Yates Marshall, PLLC<o:p></o:p></span></p><p class=MsoNormal><span style='font-family:"Times New Roman",serif'>10000 NE 7th Avenue, Suite 200<o:p></o:p></span></p><p class=MsoNormal><span style='font-family:"Times New Roman",serif'>Vancouver, WA 98685<o:p></o:p></span></p><p class=MsoNormal><span style='font-family:"Times New Roman",serif'>Phone: (360) 449-6100<o:p></o:p></span></p><p class=MsoNormal><span style='font-family:"Times New Roman",serif'>Fax: (360) 449-6111<o:p></o:p></span></p><p class=MsoNormal><span style='font-family:"Times New Roman",serif'><a href="mailto:matt@yatesmarshall.com">matt@yatesmarshall.com</a> (<b>New Email Address</b>)<o:p></o:p></span></p><p class=MsoNormal><span style='font-family:"Times New Roman",serif'><a href="http://www.yatesmarshall.com">www.yatesmarshall.com</a><o:p></o:p></span></p><p class=MsoNormal><o:p> </o:p></p></div></body></html>