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<p class="MsoNormal"><span style="font-family:"Times New Roman",serif">Kate – What about<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Times New Roman",serif"><o:p> </o:p></span></p>
<h3 style="mso-margin-top-alt:3.75pt;margin-right:0in;margin-bottom:7.5pt;margin-left:0in;background:white">
<span style="font-family:"Open Sans";color:black">RCW <a href="http://app.leg.wa.gov/RCW/default.aspx?cite=11.114.200"><span style="color:#7DAB8A">11.114.200</span></a><o:p></o:p></span></h3>
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<span style="font-family:"Open Sans";color:black">Termination of custodianship</span><span style="font-family:"Times New Roman",serif;color:black">—</span><span style="font-family:"Open Sans";color:black">Extension.<o:p></o:p></span></h3>
<p class="MsoNormal" style="text-indent:.5in;background:white"><span style="font-size:12.0pt;font-family:"Open Sans";color:black">(2) The transferor may, in the initial nomination of custodian, extend the custodianship to the earlier of the minor's attainment
of twenty-five years of age or the minor's death unless:<o:p></o:p></span></p>
<p class="MsoNormal" style="text-indent:.5in;background:white"><span style="font-size:12.0pt;font-family:"Open Sans";color:black">(a) The governing will, trust, or instrument creating the power of appointment specifically provides otherwise if the custodian
property is transferred under RCW <a href="http://app.leg.wa.gov/RCW/default.aspx?cite=11.114.040"><b><span style="color:#7DAB8A">11.114.040</span></b></a>, <a href="http://app.leg.wa.gov/RCW/default.aspx?cite=11.114.050"><b><span style="color:#7DAB8A">11.114.050</span></b></a>,
or <a href="http://app.leg.wa.gov/RCW/default.aspx?cite=11.114.060"><b><span style="color:#7DAB8A">11.114.060</span></b></a>; or<o:p></o:p></span></p>
<p class="MsoNormal" style="text-indent:.5in;background:white"><span style="font-size:12.0pt;font-family:"Open Sans";color:black">(b) The custodial property is transferred under RCW <a href="http://app.leg.wa.gov/RCW/default.aspx?cite=11.114.070"><b><span style="color:#7DAB8A">11.114.070</span></b></a>.
In that case, the person nominating the custodian under RCW <a href="http://app.leg.wa.gov/RCW/default.aspx?cite=11.114.030"><b><span style="color:#7DAB8A">11.114.030</span></b></a> may elect to extend the custodianship. If no custodian has been nominated
under RCW <a href="http://app.leg.wa.gov/RCW/default.aspx?cite=11.114.030"><b><span style="color:#7DAB8A">11.114.030</span></b></a>, the court establishing the custodianship under RCW <a href="http://app.leg.wa.gov/RCW/default.aspx?cite=11.114.070"><b><span style="color:#7DAB8A">11.114.070</span></b></a>(4)
may extend the custodianship if it determines that doing so would not be contrary to the interest of the minor.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Times New Roman",serif"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Times New Roman",serif"><o:p> </o:p></span></p>
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<p class="MsoNormal"><span style="font-family:"Times New Roman",serif">Regards, <o:p>
</o:p></span></p>
<p class="MsoNormal"><span style="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">Mark<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Times New Roman",serif"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Times New Roman",serif">Mark C. Vohr, Esq.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Times New Roman",serif">Ohana Fiduciary Corp.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Times New Roman",serif">Ohana Financial Services<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Times New Roman",serif">A Washington Trust Company<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Times New Roman",serif">Mark C. Vohr, J.D., CPG, Principal<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Times New Roman",serif">PO Box 33710 Seattle, WA 98133<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Times New Roman",serif">T: (206) 782-1189 F: (206) 782-1434<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Times New Roman",serif">mcv@ohanafc.com www.ohanafc.com<o:p></o:p></span></p>
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<p class="MsoNormal"><span style="font-family:"Times New Roman",serif"><o:p> </o:p></span></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>Kate Szurek<br>
<b>Sent:</b> Friday, November 13, 2020 12:12 PM<br>
<b>To:</b> WSBA Probate & Trust Listserv <wsbapt@lists.wsbarppt.com><br>
<b>Subject:</b> [WSBAPT] FW: UTMA to age 18 possible?<o:p></o:p></p>
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<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal">I didn’t see this come through on the listserv, so I’m trying again. I apologize if it’s a repeat.<o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal">Thanks for considering.<o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal">Kate<o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
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<p class="MsoNormal"><b>From:</b> Kate Szurek <br>
<b>Sent:</b> Thursday, November 12, 2020 12:14 PM<br>
<b>To:</b> WSBA Probate & Trust Listserv <<a href="mailto:wsbapt@lists.wsbarppt.com">wsbapt@lists.wsbarppt.com</a>><br>
<b>Subject:</b> UTMA to age 18 possible?<o:p></o:p></p>
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<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal">Client wants to transfer real property to his (very bright and capable) minor child, subject to UTMA only to age 18 – the focus being to avoid a guardianship. I can’t find anything in the statute directly on point, and
<a href="https://urldefense.proofpoint.com/v2/url?u=https-3A__app.leg.wa.gov_RCW_default.aspx-3Fcite-3D11.114.200&d=DwMFAg&c=euGZstcaTDllvimEN8b7jXrwqOf-v5A_CdpgnVfiiMM&r=K1mLMC1eFjwfeeMM-AC6zQ&m=7raQ6vG_TsIwOIYbBOmvKhDfebWUaCsFPjKtDIIDbhE&s=dfm8gs-Z7oU92X_x48TTgolIaDlSNztD-u56YqPtnQ4&e=">
https://app.leg.wa.gov/RCW/default.aspx?cite=11.114.200</a> at (1)(a) makes it look as though the age has to be age 21 for a gift.
<o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal">Any insight?<o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal">Kate<o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal"><b><i><span style="font-size:13.5pt;font-family:"Cataneo BT";color:blue">Kate Szurek</span></i></b><span style="font-size:12.0pt;font-family:"Times New Roman",serif;color:black">, J.D., LL.M. (in Taxation)<o:p></o:p></span></p>
<p class="MsoNormal"><a href="mailto:kate@skagitlaw.com"><span style="font-size:12.0pt;font-family:"Times New Roman",serif;color:blue">kate@skagitlaw.com</span></a><span style="font-size:12.0pt;font-family:"Times New Roman",serif;color:#1F497D"><o:p></o:p></span></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal"><span style="font-size:12.0pt;font-family:"Times New Roman",serif;color:#1F497D"><img border="0" width="193" height="51" style="width:2.0104in;height:.5312in" id="Picture_x0020_1" src="cid:image001.jpg@01D6B9BA.992BF9E0" alt="SkagitLaw_Signature (2)"></span><span style="font-size:12.0pt;font-family:"Times New Roman",serif;color:#1F497D"><o:p></o:p></span></p>
<p class="MsoNormal"><b><i><span style="font-size:14.0pt;font-family:"Times New Roman",serif;color:#1F497D">Skagit Law Group, PLLC<o:p></o:p></span></i></b></p>
<p class="MsoNormal"><span style="font-size:12.0pt;font-family:"Times New Roman",serif;color:#1F497D">P.O. Box 336 / 227 Freeway Drive, Suite B<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:12.0pt;font-family:"Times New Roman",serif;color:#1F497D">Mount Vernon, WA 98273<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:12.0pt;font-family:"Times New Roman",serif;color:#1F497D">360.336.1000<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:12.0pt;font-family:"Times New Roman",serif;color:#1F497D">360.336.6690 (fax)<o:p></o:p></span></p>
<p class="MsoNormal"><a href="https://urldefense.proofpoint.com/v2/url?u=http-3A__www.skagitlaw.com_&d=DwMFAg&c=euGZstcaTDllvimEN8b7jXrwqOf-v5A_CdpgnVfiiMM&r=K1mLMC1eFjwfeeMM-AC6zQ&m=7raQ6vG_TsIwOIYbBOmvKhDfebWUaCsFPjKtDIIDbhE&s=b4GmxGvxY8WFe7Ss-4ZPis_2UizwLqoT8zt81X1QYJw&e="><span style="font-size:10.0pt;font-family:"Arial",sans-serif;color:blue">http://www.skagitlaw.com</span></a><span style="font-size:10.0pt;font-family:"Arial",sans-serif;color:#1F497D">
</span><span style="font-size:12.0pt;font-family:"Times New Roman",serif;color:#1F497D"><o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:12.0pt"><o:p> </o:p></span></p>
<p class="MsoNormal"><o:p> </o:p></p>
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