[WSBARP] JTWROS v. C/P
Teunis J. Wyers
teunisj at wyerslawpc.com
Mon Mar 12 15:30:08 PDT 2018
Washington couple owns significant assets as joint tenants with right of
survivorship. I am thinking that upon the death of one spouse, there would
be stepped-up basis in half the value of their real property, whereas if
they owned the property as community property, there would be a step up in
the entire property value.
Second question: why would married persons in Washington ever want to hold
real property as joint tenants with right of survivorship?
--
Teunis J. Wyers @ Wyers|Wyers, Attorneys
Oregon Office:
216 Columbia St. - P.O. Box 917
Hood River, OR 97031
(541)386-2210/610-1520 (fax)
Washington Office:
218 E. Steuben St. - P. O. Box 421
Bingen, WA 98605
(509) 493-2772/493-2406 (fax)
Email: teunisj at wyerslawpc.com
Web: www.wyerslawpc.com
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