[WSBARP] Creating Right of Survivorship

[John McCrady]

I wonder if the best course of action would be option 2.  Having each couple's interest be held as community property would seem to provide some protection to a surviving spouse in the event of a subsequent severance of the joint tenancy.

John McCrady
Counsel
Puget Sound Title Company
5350 Orchard Street West
University Place WA 98467
253-476-5721
j.mccrady at pstitle.com

From: wsbarp-bounces at lists.wsbarppt.com [mailto:wsbarp-bounces at lists.wsbarppt.com] On Behalf Of nestor at pplsweb.com
Sent: Tuesday, February 05, 2019 10:32 AM
To: 'WSBA Real Property Listserv' <wsbarp at lists.wsbarppt.com>
Subject: [WSBARP] Creating Right of Survivorship

2 married couples own property as follows. Couple 1 as Husband & Wife and Couple 2 as Husband & Wife. They want to create a JT with right of survivorship, with Survivor keeping all. Do I convey to each one individually as a separate estate, as JT with right of survivorship (option 1) OR Couple 1 as Husband & Wife and Couple 2 as Husband & Wife, as JT with right of survivorship (option 2)?  I am inclined to go the first option.

Thank you all.

Nestor Gorfinkel, Attorney at Law
Admitted to practice law in Washington & Florida
Florida Civil-Law (International) Notary
Puget Property Legal Services, PC
11900 NE First Street Suite 300
Bellevue, WA 98005
Tel. (425) 961-0519
Fax. (888) 522-3601

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