[WSBARP] Does the IRS treat Registered Domestic Partners the same as a married couple?

[Roger Hawkes]

Pls reply to list.

From: wsbarp-bounces at lists.wsbarppt.com <wsbarp-bounces at lists.wsbarppt.com> On Behalf Of Jeff at bellanddavispllc.com
Sent: Tuesday, November 15, 2022 9:03 AM
To: 'WSBA Real Property Listserv' <wsbarp at lists.wsbarppt.com>
Subject: [WSBARP] Does the IRS treat Registered Domestic Partners the same as a married couple?

Listmates:

Do you of you know if the IRS treats Registered Domestic Partners the same as married couples when it comes to step up in basis?  We know assets received through probate can get a new cost basis.  The surviving spouse receiving real property through either a CPA or JTWROS also receives a new cost basis for the entire property.  Will the same occur for a surviving RDP receiving the deceased partner's share through either a CPA or JTWROS, or must it be received through probate?

Jeff Davis

W. Jeff Davis
BELL & DAVIS PLLC
Attorneys at Law
P.O. Box 510
720 E. Washington Street, Suite 105
Sequim WA 98382
Phone: (360) 683.1129
Fax: (360) 683.1258
email: jeff at bellanddavispllc.com<mailto:jeff at bellanddavispllc.com>
www.bellanddavispllc.com<http://www.bellanddavispllc.com/>

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