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<p class="MsoNormal">Listmates<o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal">I have an estate where a nonprobate checking/savings account is divided 4 ways among the decedents 4 children. One of the children– the only daughter -- is physically disabled receiving Medicaid and social security benefits. There is
a fair amount of money involved. <o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal">Under the will the daughter’s 25% goes outright to her long time partner (not married) – no trust is involved – he is the beneficiary. The will, however, does not have language that would supersede the beneficiary designations on the account.
The 4 kids had expected this account would go through the estate but mom and dad named the 4 of them as beneficiaries on the account and now the bank wants to send the 25% to each of them.<o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal">Family wants to get this account back into the estate or have daughter to disclaim her 25%. Or somehow avoid daughter losing benefits.
<o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal">Options? <o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal">Can she disclaim a nonprobate asset?<o:p></o:p></p>
<p class="MsoNormal">Does SSA or Medicaid look fondly on disclaimers?<o:p></o:p></p>
<p class="MsoNormal">Can the family do a TEDRA agreement to work around this?<o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal"><b><span style="font-family:"Berlin Sans FB",sans-serif">Andrew Hay<o:p></o:p></span></b></p>
<p class="MsoNormal"><span style="font-family:"Berlin Sans FB",sans-serif">Hay & Swann PLLC<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Berlin Sans FB",sans-serif">201 S. 34<sup>th</sup> St.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Berlin Sans FB",sans-serif">Tacoma, WA 98418<o:p></o:p></span></p>
<p class="MsoNormal"><i><span style="font-family:"Berlin Sans FB",sans-serif"><a href="http://www.washingtonlaw.net/">www.washingtonlaw.net</a><o:p></o:p></span></i></p>
<p class="MsoNormal"><i><span style="font-family:"Berlin Sans FB",sans-serif"><a href="mailto:andrewhay@washingtonlaw.net">andrewhay@washingtonlaw.net</a><o:p></o:p></span></i></p>
<p class="MsoNormal"><span style="font-family:"Berlin Sans FB",sans-serif">253.272.2400 (w)<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Berlin Sans FB",sans-serif">253.377.3085 (c)<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Berlin Sans FB",sans-serif">THIS IS A CONFIDENTIAL COMMUNICATION AND IS INTENDED FOR THE DESIGNATED RECIPIENT ONLY. IF YOU HAVE RECEIVED THIS COMMUNICATION IN ERROR, PLEASE NOTIFY THE SENDER IMMEDIATELY AND DESTROY
ALL COPIES</span><span style="font-family:"Berlin Sans FB",sans-serif"><o:p></o:p></span></p>
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