<html xmlns:v="urn:schemas-microsoft-com:vml" xmlns:o="urn:schemas-microsoft-com:office:office" xmlns:w="urn:schemas-microsoft-com:office:word" xmlns:m="http://schemas.microsoft.com/office/2004/12/omml" xmlns="http://www.w3.org/TR/REC-html40">
<head>
<meta http-equiv="Content-Type" content="text/html; charset=us-ascii">
<meta name="Generator" content="Microsoft Word 15 (filtered medium)">
<style><!--
/* Font Definitions */
@font-face
{font-family:"Cambria Math";
panose-1:2 4 5 3 5 4 6 3 2 4;}
@font-face
{font-family:Aptos;
panose-1:0 0 0 0 0 0 0 0 0 0;}
/* Style Definitions */
p.MsoNormal, li.MsoNormal, div.MsoNormal
{margin:0in;
font-size:12.0pt;
font-family:"Aptos",serif;
mso-ligatures:standardcontextual;}
span.EmailStyle17
{mso-style-type:personal-compose;
font-family:"Aptos",serif;
color:windowtext;}
.MsoChpDefault
{mso-style-type:export-only;}
@page WordSection1
{size:8.5in 11.0in;
margin:1.0in 1.0in 1.0in 1.0in;}
div.WordSection1
{page:WordSection1;}
--></style><!--[if gte mso 9]><xml>
<o:shapedefaults v:ext="edit" spidmax="1026" />
</xml><![endif]--><!--[if gte mso 9]><xml>
<o:shapelayout v:ext="edit">
<o:idmap v:ext="edit" data="1" />
</o:shapelayout></xml><![endif]-->
</head>
<body lang="EN-US" link="#467886" vlink="#96607D" style="word-wrap:break-word">
<div class="WordSection1">
<p class="MsoNormal"><span style="font-size:11.0pt">I hope everyone had a good three-day weekend, and I’m the only trying to get a jump on this week… I have a sad situation and I think I’m looking for an attorney to help the trustee start a TEDRA, but I’m open
to other creative solutions too. <o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt">I’m administering a joint RLT after the death of the first spouse. In their meeting with the attorney who drafted the trust (not me), the client heard that “everything should be left to the trust.” They set
the trust as the primary beneficiary of their retirement accounts, not each other. Unfortunately, the trust says that any retirement accounts with the trust as the beneficiary flow into a conduit (not accumulation) trust for their children, totally bypassing
the surviving spouse. There is a surviving spouse, and one child, who is 13 years old. Surviving spouse is, understandably, upset because she understood that to be money that would be available to her, and it seems likely that this was not the intent (or even
the understanding) of the decedent when he signed the trust and updated his beneficiaries.
<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt">Options? If others have fixed similar problems, I’d love to hear from you.
<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt">We are also under a time crunch because the deceased spouse’s trust is a QTIP unless property is disclaimed, and then it goes into a credit shelter trust. However, if the retirement accounts won’t be part
of the surviving spouse’s estate, then the surviving spouse is clearly under the current WA state estate tax exemption, and she won’t need the credit shelter.
<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt">Thanks,<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt">Anna<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt"><o:p> </o:p></span></p>
<p class="MsoNormal">Van Pelt Law <o:p></o:p></p>
<p class="MsoNormal">(206) 635-7250<o:p></o:p></p>
<p class="MsoNormal"><a href="http://www.vanpeltlegal.com/"><span style="color:blue">www.vanpeltlegal.com</span></a><o:p></o:p></p>
<p class="MsoNormal">Pronouns: She/Her<o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal"><b><i><span style="font-size:10.0pt">CONFIDENTIALITY NOTICE: </span></i></b><i><span style="font-size:10.0pt"><br>
</span></i><span style="font-size:10.0pt">This communication (including any attachments) is confidential and may contain legally privileged information. If you are not the intended recipient or believe that you may have received this communication in error,
please delete this communication from your computer and do not retransmit, copy, print or otherwise disseminate this communication.<o:p></o:p></span></p>
<p class="MsoNormal"><b><i><span style="font-size:10.0pt">ATTORNEY-CLIENT RELATIONSHIP:<br>
</span></i></b><span style="font-size:10.0pt">This e-mail does not in any way intend to provide legal advice to be relied upon by any recipient and does not create any duty or obligation for legal representation on behalf of the sender Van Pelt Law & Mediation
PLLC on behalf of the recipient of this e-mail without a written engagement agreement.<o:p></o:p></span></p>
<p class="MsoNormal"><o:p> </o:p></p>
</div>
</body>
</html>