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<div class="">Dear List-mates,</div>
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WA estate is subject to WA estate tax. The Will states that estate taxes are to be paid out of the residue. The assets in the residue are sufficient to pay the estate tax.
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<div class="">Decedent left substantial investments accounts with POD/TOD designations. The probate and non-probate asset beneficiaries are not the same set of people.</div>
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<div class="">RCW 11.18.200(1) states “unless expressly exempted <u class="">by statute</u>” … a beneficiary of non probate asset takes the asset subject to … estate taxes.</div>
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<div class="">Question: Does the Will clause regarding payment of estate taxes out of the residue provide an exemption from RCW 11.18.200? Is there any other provision that I am missing?</div>
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<div class="">Thank you</div>
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<font color="#5bd2e6" class="">___________________________________</font></div>
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<b class=""><font color="#1b40af" class=""><font class=""><span class=""> Neli Espe, J.D., </span></font><font class=""><span class="">Olympic Legal </span></font></font></b></div>
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