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<div style="direction: ltr;">Erin,</div>
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<div style="direction: ltr;">If there are no gift tax consequences or a gift tax return can be filed without tax due, this is all achievable by having the elderly parents make lifetime gifts to the intended/desired recipients.
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<div style="direction: ltr;">If any assets from the estate are <span id="ms-outlook-ios-cursor">
</span>highly appreciating and could benefit from a second step-up in basis at the elderly parents’ death, and they don’t have (and wouldn’t have) a taxable estate, then this situation actually presents an additional potential planning opportunity — although
that could prove too creative/complicated by half, so to speak!</div>
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<div style="direction: ltr;">Best, Josh </div>
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<div style="direction: ltr;">Joshua D. McKarcher</div>
<div style="direction: ltr;">McKarcher Law PLLC</div>
<div style="direction: ltr;">537 6th Street</div>
<div style="direction: ltr;">Clarkston, WA 99403</div>
<div style="direction: ltr;">(509) 758-3345</div>
<div style="direction: ltr;">(509) 758-3314 (fax)</div>
<div style="direction: ltr;">josh@mckarcherlaw.com</div>
<div style="direction: ltr; text-align: left;" dir="auto"><a href="http://www.mckarcherlaw.com">www.mckarcherlaw.com</a><span style="caret-color: rgb(33, 33, 33); font-family: -apple-system, HelveticaNeue; background-color: rgb(255, 255, 255); display: inline !important"></span></div>
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<div id="divRplyFwdMsg" dir="ltr"><font face="Calibri, sans-serif" style="font-size:11pt" color="#000000"><b>From:</b> wsbapt-bounces@lists.wsbarppt.com <wsbapt-bounces@lists.wsbarppt.com> on behalf of Erin Fairley <erin@leschilaw.com><br>
<b>Sent:</b> Tuesday, December 29, 2020 10:14:44 AM<br>
<b>To:</b> WSBA Probate & Trust Listserv <wsbapt@lists.wsbarppt.com><br>
<b>Subject:</b> [WSBAPT] Can Intestate heirs disclaim?</font>
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<p class="x_MsoNormal"><span style="font-size:11.0pt">Would appreciate your thoughts on this issue: intestate estate. Decedent in process of drafting will but not signed (ugh).
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<p class="x_MsoNormal"><span style="font-size:11.0pt">Is it possible for intestate heirs (elderly parents) to disclaim their interest and direct to the designated beneficiaries in the draft will. If so, would this be a TEDRA Agreement after the intestate probate
is opened? </span></p>
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<p class="x_MsoNormal"><span style="font-size:11.0pt">Thanks so much for your advice. Onward to 2021!
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<p class="x_MsoNormal"><span style="font-size:11.0pt; color:black">Best regards,</span></p>
<p class="x_MsoNormal"><span style="font-size:11.0pt; color:black">Erin</span></p>
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<p class="x_MsoNormal"><b><span style="font-size:11.0pt; color:black">Erin Fairley</span></b><span style="font-size:11.0pt; color:black"> / Attorney</span></p>
<p class="x_MsoNormal"><span style="font-size:11.0pt; color:black"><a href="mailto:erin@leschilaw.com"><span style="color:#0563C1">erin@leschilaw.com</span></a> / (206) 353-4625</span></p>
<p class="x_MsoNormal"><b><span style="font-size:11.0pt; color:black">Leschi Law, PLLC</span></b><span style="font-size:11.0pt; color:black"></span></p>
<p class="x_MsoNormal"><span style="font-size:11.0pt; color:black">121 Lakeside Avenue, Suite B Seattle, WA 98122</span></p>
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