[WSBARP] Inheritance to Beneficiary's Trust

Jan Kelly jan at jankellylaw.com
Thu Feb 23 08:07:57 PST 2023


Can the trust agreement be changed so the child's trust is the beneficiary?

On Wed, Feb 22, 2023 at 5:08 PM Mark Anderson <marka at mbaesq.com> wrote:

> A trust agreement requires that the trust real property be transferred to
> Child.  I know that this transfer would be exempt from real estate excise
> tax under WAC 458-618-202.
>
> Child desires that the real property ultimately be conveyed into Child's
> trust.  Can this be done in a single transaction (trust to Child's trust)
> or does the real property have to first be transferred to Child and then
> from Child into Child's trust?
>
> Just trying to streamline the process, that's all.
>
> Thanks in advance.
>
>
> *Mark B. Anderson *ANDERSON LAW FIRM PLLC
> 821 Dock St  Ste 209  PMB 4-12
> Tacoma, Washington 98402
> +1 253-327-1750
> +1 253-327-1751 (fax)
> marka at mbaesq.com
> www.mbaesq.com
>
>
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-- 


*Jan Kelly, JD/MBA*Attorney at Law

JK Law
PO Box 1964
Poulsbo, WA 98370
Direct Line (702) 338-6733

*Licensed in Nevada and Washington*.


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