[WSBARP] married persons deed listed as joint tenants with right of survivorship?

Thu Apr 14 09:06:48 PDT 2022

Ever since the IRS allowed the surviving spouse, who took title with the decedent as JTWROS, to receive a 100% step-up (or down) in basis, I have seen more married people using that form of ownership under the argument of avoiding probate.  However, if taking title as “H & W” causes heartache, I go with “a married couple.”

Jeff

W. Jeff Davis

BELL & DAVIS PLLC
P.O. Box 510

720 E. Washington Street, Suite 105
Sequim WA 98382
Phone: (360) 683.1129 
Fax: (360) 683.1258 
email:  <mailto:jeff at bellanddavispllc.com> jeff at bellanddavispllc.com
 <http://www.bellanddavispllc.com/> www.bellanddavispllc.com

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From: wsbarp-bounces at lists.wsbarppt.com <wsbarp-bounces at lists.wsbarppt.com> On Behalf Of John McCrady
Sent: Thursday, April 14, 2022 8:57 AM
To: WSBA Real Property Listserv <wsbarp at lists.wsbarppt.com>
Subject: Re: [WSBARP] married persons deed listed as joint tenants with right of survivorship?

Yes, “a marital community” is vague enough to work all the time. 😊

John McCrady

Counsel

Puget Sound Title Company

5350 Orchard Street West

University Place WA 98467

253-476-5721

 <mailto:j.mccrady at pstitle.com> j.mccrady at pstitle.com

Beginning July 26, 2021, recording fees for most documents recorded in Washington  <https://www.piercecountywa.gov/DocumentCenter/View/105275/Recording-Fee-Schedule-Effective-Jul-25-2021-> will increase by $100. Please be sure to collect recording fees accordingly. Due to the above increase, our Reconveyance fees will also be increased by $100.00

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From: wsbarp-bounces at lists.wsbarppt.com <mailto:wsbarp-bounces at lists.wsbarppt.com>  <wsbarp-bounces at lists.wsbarppt.com <mailto:wsbarp-bounces at lists.wsbarppt.com> > On Behalf Of Kaitlyn Jackson
Sent: Wednesday, April 13, 2022 8:38 PM
To: WSBA Real Property Listserv <wsbarp at lists.wsbarppt.com <mailto:wsbarp at lists.wsbarppt.com> >
Subject: Re: [WSBARP] married persons deed listed as joint tenants with right of survivorship?

Carolyn -

Sorry I'm late to the party on this one. I've been on leave but I wanted to jump in and say that I've been trying to leave words like "husband" or "wife" off of deeds because, well, it's not really PC and I've been caught making embarrassing assumptions which have corrected my ways. So don't learn the hard way like I did. Cheers! 

Sent with  <https://f.xdref.com/?id=23E3jXAZ059505&from=wsbarp-bounces@lists.wsbarppt.com&to=j.mccrady@pstitle.com&url=https://www.rightinbox.com/?utm_source=signature> Right Inbox

On Fri, Dec 10, 2021 at 1:16 PM John McCrady <j.mccrady at pstitle.com <mailto:j.mccrady at pstitle.com> > wrote:

I have not seen this from any local title company.  We do see it from the national entitles affiliated with national title insurers, none of whose names I will mention here.

John McCrady

Counsel

Puget Sound Title Company

5350 Orchard Street West

University Place WA 98467

253-476-5721

 <mailto:j.mccrady at pstitle.com> j.mccrady at pstitle.com

Beginning July 26, 2021, recording fees for most documents recorded in Washington  <https://f.xdref.com/?id=23E3jXAZ059505&from=wsbarp-bounces@lists.wsbarppt.com&to=j.mccrady@pstitle.com&url=https://www.piercecountywa.gov/DocumentCenter/View/105275/Recording-Fee-Schedule-Effective-Jul-25-2021-> will increase by $100. Please be sure to collect recording fees accordingly. Due to the above increase, our Reconveyance fees will also be increased by $100.00

WARNING-FRAUDULENT FUNDING INSTRUCTIONS 

Email hacking and fraud are on the rise to fraudulently misdirect funds.  Please call your escrow officer immediately using contact information found from an independent source, such as the sales contract or internet, to verify any funding instructions received.  We are not responsible for any wire sent by you to an incorrect bank account.

***Due to the Covid 19 outbreak and with concern for the health and safety of our employees and community; our University Place lobby will remain locked during normal business hours. If you need to make an appointment or have any questions or concerns, please contact us at our main office at 253-474-4747. We appreciate your patience during these uncertain times and look forward to consistently exceeding your expectations.***

From: wsbarp-bounces at lists.wsbarppt.com <mailto:wsbarp-bounces at lists.wsbarppt.com>  <wsbarp-bounces at lists.wsbarppt.com <mailto:wsbarp-bounces at lists.wsbarppt.com> > On Behalf Of Carolyn Lake
Sent: Friday, December 10, 2021 10:15 AM
To: WSBA Real Property Listserv <wsbarp at lists.wsbarppt.com <mailto:wsbarp at lists.wsbarppt.com> >
Subject: [WSBARP] married persons deed listed as joint tenants with right of survivorship?

Is anyone noticing a trend of title companies drafting deeds to married person as “joint tenants with right of survivorship” as opposed to “ martial community” or “as husband and wife”  ?

Did I miss some change? 

Onward! 

Carolyn A. Lake .   

Goodstein Law Group PLLC – 501 South "G" Street - Tacoma, WA 98405

253.779.4000 office -253.229.6727 cell -253.779.4411 fax

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Dimension Law Group, PLLC

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