<html>
<head>
<meta http-equiv="Content-Type" content="text/html; charset=Windows-1252">
<meta content="text/html; charset=Windows-1252">
<meta content="text/html; charset=Windows-1252">
<style>
<!--
@font-face
{font-family:"Cambria Math"}
@font-face
{font-family:"Yu Gothic"}
@font-face
{font-family:Calibri}
p.MsoNormal, li.MsoNormal, div.MsoNormal
{margin:0in;
font-size:12.0pt;
font-family:"Calibri",sans-serif}
span.EmailStyle17
{font-family:"Calibri",sans-serif;
color:windowtext}
.MsoChpDefault
{font-size:12.0pt;
font-family:"Calibri",sans-serif}
@page WordSection1
{margin:1.0in 1.0in 1.0in 1.0in}
-->
</style>
</head>
<body lang="EN-US" link="#0563C1" vlink="#954F72" style="word-wrap:break-word">
<div>I guess maybe being more practical, isn't the estate (by & through the PR) maintaining the insurance in testate or intestate situations until record title transfers, whereas in a TODD situation record title is already of record immediately upon death?</div>
<div><br>
</div>
<div id="composer_signature">Best, Claudia </div>
<div><br>
</div>
<div><br>
</div>
<div>-------- Original message --------</div>
<div>From: Claudia A Gowan <claudia@cagowanlaw.com> </div>
<div>Date: 5/7/21 8:25 PM (GMT-08:00) </div>
<div>To: WSBA Probate & Trust Listserv <wsbapt@lists.wsbarppt.com> </div>
<div>Subject: RE: [WSBAPT] Transfer on Death Deed results in uninsured real property
</div>
<div><br>
</div>
<div>
<div>Yes, but Eric, the vesting of intestate, as well as testate heirs, is <b>subject to</b> expenses of administration, claims etc. - so while rights vest, they are still subject to certain taxes & expenses & claims etc. Whereas TODD's avoid the distribution
process, more like JTWROS, no? (I'm not considering allocation of expenses here.)</div>
<div><br>
</div>
<div id="composer_signature">Best, Claudia </div>
<div><br>
</div>
<div><br>
</div>
<div>-------- Original message --------</div>
<div>From: Eric Nelsen <eric@sayrelawoffices.com> </div>
<div>Date: 5/7/21 7:31 PM (GMT-08:00) </div>
<div>To: WSBA Probate & Trust Listserv <wsbapt@lists.wsbarppt.com> </div>
<div>Subject: Re: [WSBAPT] Transfer on Death Deed results in uninsured real property
</div>
<div><br>
</div>
<div>
<div dir="auto">Thanks Nick! I wonder--same result merely from immediate vesting in intestate heirs under RCW 11.04.250? That's an immediate transfer as well, just not formalized by a deed.<br>
<br>
<div>Eric Nelsen<br>
Sayre Law Offices, PLLC<br>
206-625-0092</div>
</div>
<div class="gmail_extra"><br>
<div class="gmail_quote">On May 7, 2021 3:10 PM, Nicholas Pleasants <nick@pleasantslaw.com> wrote:<br type="attribution">
</div>
</div>
<div>
<div class="WordSection1">
<p class="MsoNormal"><span style="font-size:11.0pt">Hi All,</span></p>
<p class="MsoNormal"><span style="font-size:11.0pt">Some food for thought on this rainy Friday afternoon. I learned that State Farm made some caselaw in the 8<sup>th</sup> Circuit regarding Transfer on Death Deeds. I’ve attached the case for your reference,
it is <i>Dawn Strope-Robinson v. State Farm Fire and Casualty</i>, No. 20-1147 (8th Cir. 2021). Here are the basic facts:</span></p>
<p class="MsoNormal" style="text-align:justify; text-justify:inter-ideograph"><span style="font-size:11.0pt">State Farm Fire and Casualty Company issued a homeowner’s insurance contract to David Strope for his house in Orr, Minnesota. On
August 10, 2017, Strope executed a transfer on death deed to convey the property to his niece, Dawn Strope-Robinson. The transfer on death deed was then recorded on August 11. Strope died on August 14. Six days later, Strope’s ex-wife
intentionally set the house on fire, damaging the home and personal property inside.</span></p>
<p class="MsoNormal" style="text-align:justify; text-justify:inter-ideograph"><span style="font-size:11.0pt">The holding is that the house was not insured because it immediately vested to the niece, and she was not a named insured on Uncle’s policy. A possible
point of distinction from the Minnesota statute is that Washington would require the recording of the death certificate with a REETA to change the property tax over to the beneficiary. But this is rather scary to think that the home could become uninsured
at any moment because the grantor died, and beneficiary, who may or may not even be aware of the Transfer on Death Deed, would need to immediately purchase insurance.</span></p>
<p class="MsoNormal" style="text-align:justify; text-justify:inter-ideograph"><span style="font-size:11.0pt">I’ve used Transfer on Death Deeds from time to time, especially in non-taxable estates with one or a few heirs that get along and want to be able to
sell the house without probate. But if this holding were binding on the 9<sup>th</sup> Circuit, I would not be inclined to have clients use this technique until we come up with a work around for the insurance problem.</span></p>
<p class="MsoNormal" style="text-align:justify; text-justify:inter-ideograph"><span style="font-size:11.0pt">I know insurance for a decedent’s estate can be tricky in general, especially if the policy is up for renewal shortly after death. Something we should
explore to better protect the beneficiaries.</span></p>
<p class="MsoNormal" style="text-align:justify; text-justify:inter-ideograph"><span style="font-size:11.0pt">Best,
</span></p>
<p class="MsoNormal" style="text-align:justify; text-justify:inter-ideograph"><span style="font-size:11.0pt">Nick</span></p>
<p class="MsoNormal"><span style="font-size:11.0pt"> </span></p>
<p class="MsoNormal"><b><span style="font-size:11.0pt; color:#2B6AA4">Nicholas Pleasants</span></b></p>
<p class="MsoNormal"><span style="font-size:11.0pt; color:#2B6AA4">Owner</span></p>
<p class="MsoNormal"><span style="font-size:11.0pt; color:#2B6AA4"> </span></p>
<p class="MsoNormal"><a href="http://www.pleasantslaw.com/"><b><span style="font-size:11.0pt; color:#2B6AA4; text-decoration:none"><img border="0" width="144" height="44" id="Picture_x0020_1" src="cid:image001.png@01D74351.68277FB0" alt="(Logo) Pleasants Law Firm" style="width:1.5in; height:.4583in"></span></b></a><b><span style="font-size:11.0pt; color:#2B6AA4"></span></b></p>
<p class="MsoNormal"><span style="font-size:11.0pt; color:black"> </span></p>
<p class="MsoNormal"><span style="font-size:11.0pt; color:black">Pleasants Law Firm, P.S.<br>
2300 130th Ave NE, Suite A-101<br>
Bellevue, WA 98005-1755<br>
(425) 615-7070 tel/fax<br>
</span><span style="font-size:11.0pt; color:#2E75B6"><a href="mailto:nick@pleasantslaw.com"><span style="color:#2E75B6">nick@pleasantslaw.com</span></a></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt; color:#2E75B6"><a href="http://www.pleasantslaw.com"><span style="color:#2E75B6">www.pleasantslaw.com</span></a>
</span></p>
<p class="MsoNormal"><span style="font-size:8.0pt; color:black">The information contained in this e-mail message may be privileged and is confidential information intended only for the use of the recipient, or any employee or agent responsible to deliver it
to the intended recipient. Any unauthorized use, distribution or copying of this information is strictly prohibited and may be unlawful.</span><span style="font-size:11.0pt; color:black"></span></p>
<p class="MsoNormal"><span style="font-size:8.0pt; color:black">If you have received this communication in error, please notify the sender immediately and destroy the original message and all attachments from your electronic files.</span></p>
</div>
</div>
</div>
</div>
</body>
</html>