[WSBARP] Another Deed quandray

[Bryce Dille]

Assuming the trust allows her complete control of the property after the death of her first husband And it’s not part of a decedents trust set up in the original trust. Then she needs to deed the property out of the trust to her self individually, and then did the property to her and her present husband, making a community property, and then the two of them jointly could transfer it to the living trust.

Bryce H. Dille
Dille Law, PLLC
Office: 360-350-0270
Cell: 253-579-5561

** Please note that I use the dictation feature of my iPhone and that sometimes everything I say does not get properly translated**

On Apr 24, 2023, at 3:46 PM, Kira Rubel <kira at theharborlawgroup.com> wrote:


To my deed/title experts: help.

I have a Client who owns a home in Pierce County in her and her deceased husband's (Husband #1) living trust. She is now (after an appropriate amount of time) remarried to Husband #2. Husband #2 is terminally ill.  After obtaining CPA approval, she would like to take her home and make it Community Property with Husband #2 to get a step up in tax basis when he passes away.  She intends to keep it in her existing living trust and add him as co-Trustee as well.

My question is - how many deeds to accomplish this?

Presently the house is held as: Client and Husband #1, Co-Trustees of the Smith Family Trust.

Thoughts?

Kira M. Rubel, Esq.

*Licensed in CA and WA
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