[WSBARP] CIR and excise tax

Eric Nelsen Eric at sayrelawoffices.com
Tue Feb 25 10:21:17 PST 2020


No REET exemption for transfer/creation of separate property from community property under RCW 458-61A-203<https://apps.leg.wa.gov/wac/default.aspx?cite=458-61A-203> if not married and not a state-registered domestic partnership. Ordinary CIR gets no tax break, unfortunately.

Sincerely,

Eric

Eric C. Nelsen
Sayre Law Offices, PLLC
1417 31st Ave South
Seattle WA 98144-3909
206-625-0092
eric at sayrelawoffices.com

From: wsbarp-bounces at lists.wsbarppt.com <wsbarp-bounces at lists.wsbarppt.com> On Behalf Of Robert R. Cole
Sent: Tuesday, February 25, 2020 10:02 AM
To: WSBA Probate & Trust Listserv <wsbarp at lists.wsbarppt.com>
Subject: [WSBARP] CIR and excise tax


Couple are in obvious CIR (children together).  One is buying the other out of the family home.  Any exemption??  Or must they be legally married?
--
Very Truly Yours,
Robert R. Cole
Law Office of Cole & Gilday, P.C.

10101 - 270th St. NW
Stanwood, WA 98292
(360) 629-2900 (Telephone)
(360) 629-0220 (Fax)

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