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<p class="MsoNormal"><span style="font-size:14.0pt;font-family:"Times New Roman",serif">I am going to offer some unsolicited advice.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:14.0pt;font-family:"Times New Roman",serif">If Mom simply wants to avoid probate and wants to give her house to Daughter at death, then a deed reserving a life estate is not a bad idea. A TOD deed might be somewhat
better, since it is revocable.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:14.0pt;font-family:"Times New Roman",serif">If Mom is working on some kind of a life estate while an unrelated party holds the remainder, a life estate is a bad idea because the law concerning the rights and responsibilities
of such people is vague at best. A trust might be better.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:14.0pt;font-family:"Times New Roman",serif">And there might be elder law issues, which are over my pay grade.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:14.0pt;font-family:"Times New Roman",serif">Thanks for listening,<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:14.0pt;font-family:"Times New Roman",serif">Phil<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:14.0pt;font-family:"Times New Roman",serif"><o:p> </o:p></span></p>
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<p class="MsoNormal"><span style="font-size:14.0pt;font-family:"Times New Roman",serif;mso-ligatures:none">Philip N. Jones<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:14.0pt;font-family:"Times New Roman",serif;mso-ligatures:none">Duffy Kekel LLP<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:14.0pt;font-family:"Times New Roman",serif;mso-ligatures:none">900 S.W. Fifth Ave. Suite 2500<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:14.0pt;font-family:"Times New Roman",serif;mso-ligatures:none">Portland, OR 97204<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:14.0pt;font-family:"Times New Roman",serif;mso-ligatures:none"><a href="mailto:pjones@duffykekel.com"><span style="color:#0563C1">pjones@duffykekel.com</span></a><o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:14.0pt;font-family:"Times New Roman",serif;mso-ligatures:none">(503) 226-1371 – office<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:14.0pt;font-family:"Times New Roman",serif;mso-ligatures:none">(503) 853-1482 – cell<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:14.0pt;font-family:"Times New Roman",serif;mso-ligatures:none">(503) 226-3574 - fax<o:p></o:p></span></p>
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<p class="MsoNormal"><span style="font-size:14.0pt;font-family:"Times New Roman",serif"><o:p> </o:p></span></p>
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<p class="MsoNormal"><b><span style="mso-ligatures:none">From:</span></b><span style="mso-ligatures:none"> wsbapt-bounces@lists.wsbarppt.com <wsbapt-bounces@lists.wsbarppt.com>
<b>On Behalf Of </b>Allen Draher<br>
<b>Sent:</b> Thursday, April 20, 2023 10:17 AM<br>
<b>To:</b> WSBA Probate & Trust Listserv <wsbapt@lists.wsbarppt.com><br>
<b>Subject:</b> [WSBAPT] Deed Reserving a Life Estate<o:p></o:p></span></p>
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<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal">Good Morning, Does anyone have a template for a deed reserving a life estate to the grantor that they are willing to share? I haven’t run into this before in my practice. Thank you, Allen
<o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal"><b><span style="font-size:12.0pt;mso-ligatures:none">Allen Draher<o:p></o:p></span></b></p>
<p class="MsoNormal"><b><span style="mso-ligatures:none"><o:p> </o:p></span></b></p>
<p class="MsoNormal"><b><span style="mso-ligatures:none">Law Office of Allen Draher, PLLC<o:p></o:p></span></b></p>
<p class="MsoNormal"><b><span style="mso-ligatures:none">9108 Fauntleroy Way S.W.<o:p></o:p></span></b></p>
<p class="MsoNormal"><b><span style="mso-ligatures:none">Seattle, WA 98136-2617<o:p></o:p></span></b></p>
<p class="MsoNormal"><b><span style="mso-ligatures:none"><o:p> </o:p></span></b></p>
<p class="MsoNormal"><b><span style="mso-ligatures:none">ph 206-484-8212<o:p></o:p></span></b></p>
<p class="MsoNormal"><b><span style="mso-ligatures:none"><a href="mailto:allen@draherlaw.com"><span style="color:blue">allen@draherlaw.com</span></a><o:p></o:p></span></b></p>
<p class="MsoNormal"><b><span style="mso-ligatures:none"><o:p> </o:p></span></b></p>
<p class="MsoNormal"><span style="font-size:10.5pt;font-family:Consolas;mso-ligatures:none">__________________________________________________________<o:p></o:p></span></p>
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