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<p class="MsoNormal"><span style="font-size:16.0pt">Hello Margaret,<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:16.0pt"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:16.0pt">It is possible but, I would also have a spousal waiver signed. We do that with our LLC’s where appropriate. Spouse needs opportunity to seek counsel. What this does is protect the shift of the asset but
not necessarily the value of the asset upon a divorce.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:16.0pt"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:16.0pt">Best of luck – <o:p></o:p></span></p>
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<p class="MsoNormal"><i><span style="font-family:"Script MT Bold"">Diane J. Kiepe<o:p></o:p></span></i></p>
<p class="MsoNormal"><i><span style="font-family:"Script MT Bold""><o:p> </o:p></span></i></p>
<p class="MsoNormal">Diane J. Kiepe<o:p></o:p></p>
<p class="MsoNormal">Douglas Eden<o:p></o:p></p>
<p class="MsoNormal">717 W. Sprague Ave.<o:p></o:p></p>
<p class="MsoNormal">Suite 1500<o:p></o:p></p>
<p class="MsoNormal">Spokane, WA 99201<o:p></o:p></p>
<p class="MsoNormal"><a href="mailto:djkiepe@depdslaw.com"><span style="color:#0563C1">djkiepe@depdslaw.com</span></a><o:p></o:p></p>
<p class="MsoNormal">509-455-5300<o:p></o:p></p>
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<p class="MsoNormal"><span style="font-size:16.0pt"><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>Margaret Delp<br>
<b>Sent:</b> Wednesday, February 16, 2022 12:20 PM<br>
<b>To:</b> WSBA Probate & Trust Listserv <wsbapt@lists.wsbarppt.com><br>
<b>Subject:</b> [WSBAPT] Inheritance as separate property<o:p></o:p></p>
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<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal">Hello everyone: I am working on a probate in which two siblings will be inheriting the family cabin. Apparently, they are both worried about the contingency in which one of them gets divorced and a divorcing spouse claims a property interest
in the house, perhaps requiring liquidation. I have advised that the siblings will each take title as tenants in common and as their separate property. I have also advised that they use separate property funds (also inherited) for all maintenance and upkeep
of the house. They are aware that in a divorce all property both separate and community is before the court for a just and equitable disposition, and of the factors a court considers in distributing property.<o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal">They have asked about holding the property in an LLC. My question - would that provide any additional “protection” for the divorce scenario? Other approaches to suggest?<o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal">Thanks much,<o:p></o:p></p>
<p class="MsoNormal">Margaret<o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
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<p class="MsoNormal"><span style="color:black">--<o:p></o:p></span></p>
<p class="MsoNormal"><span style="color:black">Law Office of Margaret Delp<o:p></o:p></span></p>
<p class="MsoNormal"><span style="color:black">Mailing Address: PO Box 292, Langley, WA 98260<o:p></o:p></span></p>
<p class="MsoNormal"><span style="color:black">Physical location: 2815 Howard Rd., Langley, WA, Second Floor<o:p></o:p></span></p>
<p class="MsoNormal"><span style="color:black">Phone: 360-579-4530<o:p></o:p></span></p>
<p class="MsoNormal"><span style="color:black">Fax: 360-512-3114<o:p></o:p></span></p>
<p class="MsoNormal"><span style="color:black"><a href="http://www.delp-law.com">www.delp-law.com</a><o:p></o:p></span></p>
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