[WSBARP] Real Estate Excise Tax Exemption for conveyance to a Charitable Remainder Unitrust

[Robert Condie]

Good morning, Listmates. I hope this email finds you and yours all well.

My client is conveying unencumbered real property into a charitable remainder unitrust of which she or her estate are the sole beneficiaries for the longer of her lifetime or ten years. Then the property will be distributed to a charity.

I’m inclined to use WAC 458-61A-210 Irrevocable Trusts as the reason for an exemption from the application of real estate excise tax. 

Is that the appropriate exemption, or does another exemption, e.g., WAC 458-61A-201, apply? 

Thank you for sharing your collective wisdom on this issue.

With kind regards,

Robert G. Condie
Condie & Adams, PLLC

Office Address:
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