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<div dir="auto">Diane, </div>
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<div dir="auto">Thank you very much. </div>
<div dir="auto">I agree on a gut level, but cannot find any authority. </div>
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<div dir="auto">Do you know of any? </div>
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<div dir="auto">Thanks again, </div>
<div dir="auto">Bruce </div>
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<div>Bruce Moen, Attorney </div>
<div dir="auto" style="text-align: left;">1200 5th Avenue, Suite 625 </div>
<div dir="auto" style="text-align: left;">Seattle, WA 98101</div>
<div dir="auto" style="text-align: left;">206-441-1156</div>
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<div id="divRplyFwdMsg" dir="ltr"><font face="Calibri, sans-serif" style="font-size:11pt" color="#000000"><b>From:</b> wsbapt-bounces@lists.wsbarppt.com <wsbapt-bounces@lists.wsbarppt.com> on behalf of Diane J. Kiepe <DJKiepe@depdslaw.com><br>
<b>Sent:</b> Sunday, May 28, 2023 1:54:06 PM<br>
<b>To:</b> WSBA Probate & Trust Listserv <wsbapt@lists.wsbarppt.com><br>
<b>Subject:</b> Re: [WSBAPT] Rental income from an asset subject to a specific bequest?</font>
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<p class="x_MsoNormal"><span style="font-size:12.0pt; font-family:"Times New Roman",serif">The rent should definitely follow the specific bequest of the home. The question is what if anything, of that rent was used to pay expenses for that property (a potential
and likely offset). Real Property, its rights and burdens, vest in the devisee at death, subject only to claims against the estate.</span></p>
<p class="x_MsoNormal"><span style="font-size:12.0pt; font-family:"Times New Roman",serif"> </span></p>
<p class="x_MsoNormal"><span style="font-size:12.0pt; font-family:"Times New Roman",serif">In fact, and I would be the PR did not do this, the estate was likely to be required to file a 1041 since death since the filing threshold is gross income over $600 –
heck, that is typically under one month’s rent.</span></p>
<p class="x_MsoNormal"><span style="font-size:12.0pt; font-family:"Times New Roman",serif"> </span></p>
<p class="x_MsoNormal"><span style="font-size:12.0pt; font-family:"Times New Roman",serif">Good luck.</span></p>
<p class="x_MsoNormal"><span style="font-size:12.0pt; font-family:"Times New Roman",serif"> </span></p>
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<p class="x_MsoNormal"><i><span style="font-family:"Script MT Bold"">Diane J. Kiepe</span></i></p>
<p class="x_MsoNormal"><i><span style="font-family:"Script MT Bold""> </span></i></p>
<p class="x_MsoNormal">Diane J. Kiepe</p>
<p class="x_MsoNormal">Douglas Eden</p>
<p class="x_MsoNormal">717 W. Sprague Ave.</p>
<p class="x_MsoNormal">Suite 1500</p>
<p class="x_MsoNormal">Spokane, WA 99201</p>
<p class="x_MsoNormal"><a href="mailto:djkiepe@depdslaw.com">djkiepe@depdslaw.com</a></p>
<p class="x_MsoNormal">509-455-5300</p>
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<p class="x_MsoNormal"><b>From:</b> wsbapt-bounces@lists.wsbarppt.com <wsbapt-bounces@lists.wsbarppt.com>
<b>On Behalf Of </b>Bruce Moen<br>
<b>Sent:</b> Thursday, May 25, 2023 5:08 PM<br>
<b>To:</b> wsbapt@lists.wsbarppt.com<br>
<b>Subject:</b> [WSBAPT] Rental income from an asset subject to a specific bequest?</p>
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<p class="x_MsoNormal"> </p>
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<p class="x_MsoNormal"><span style="font-size:12.0pt; color:black">Any authority to segregate the rental income of a residence during probate administration?</span></p>
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<p class="x_MsoNormal"><span style="font-size:12.0pt; color:black"> </span></p>
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<p class="x_MsoNormal"><span style="font-size:12.0pt; color:black">The Will has a specific bequest (specific devise?) of the residence to a person. That person does not share in the residue.</span></p>
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<p class="x_MsoNormal"><span style="font-size:12.0pt; color:black"> </span></p>
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<p class="x_MsoNormal"><span style="font-size:12.0pt; color:black">Assume that the residue is ample to pay all costs of the probate and that the rental income is not needed to make the estate solvent.</span></p>
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<p class="x_MsoNormal"><span style="font-size:12.0pt; color:black"> </span></p>
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<p class="x_MsoNormal"><span style="font-size:12.0pt; color:black">What if the renter is the PR and the PR takes the residue? </span></p>
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<p class="x_MsoNormal"><span style="font-size:12.0pt; color:black"> </span></p>
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<p class="x_MsoNormal"><span style="font-size:12.0pt; color:black"> Long administration of years.</span></p>
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<p class="x_MsoNormal"><span style="font-size:12.0pt; color:black"> </span></p>
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<p class="x_MsoNormal"><span style="font-size:12.0pt; color:black">Seems unfair that the PR paying the rent gets all of the rental returned via the residue whereas the Devisee gets nothing.</span></p>
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<p class="x_MsoNormal"><span style="font-size:12.0pt; color:black"> </span></p>
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<p class="x_MsoNormal"><span style="font-size:12.0pt; color:black">Thanks,</span></p>
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<p class="x_MsoNormal"><span style="font-size:12.0pt; color:black"> </span></p>
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<p class="x_MsoNormal"><span style="font-size:12.0pt; color:black"> Bruce Moen</span></p>
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<p class="x_MsoNormal"><span style="font-size:12.0pt; color:black"> </span></p>
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<p class="x_MsoNormal">*************************** </p>
<p class="x_MsoNormal">Bruce R. Moen</p>
<p class="x_MsoNormal">Moen Law Offices PS</p>
<p class="x_MsoNormal">1200 5<sup>th</sup> Avenue, Suite 625</p>
<p class="x_MsoNormal">Seattle, WA 98101</p>
<p class="x_MsoNormal">206-441-1156</p>
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