[WSBARP] Inheritance to Beneficiary's Trust

[Mark Anderson]

Maybe.  That would solve things, I’m sure.  I’ll check.

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<mailto:marka at mbaesq.com>
www.mbaesq.com<http://www.mbaesq.com/>
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From: wsbarp-bounces at lists.wsbarppt.com <wsbarp-bounces at lists.wsbarppt.com> On Behalf Of Jan Kelly
Sent: 02/23/2023 8:08 AM
To: WSBA Real Property Listserv <wsbarp at lists.wsbarppt.com>
Subject: Re: [WSBARP] Inheritance to Beneficiary's Trust

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<mailto: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<mailto:marka at mbaesq.com>
www.mbaesq.com<http://www.mbaesq.com/>
CONFIDENTIALITY NOTICE
This transmission is confidential and is intended solely for the use of the individual named recipient. It may be protected by the attorney-client privilege, work product doctrine, or other confidentiality protection. If you are not the intended recipient, or the person responsible to deliver it to the intended recipient, be advised that any dissemination, distribution, or copying of this communication is prohibited. If you have received this transmission in error, please immediately notify the sender via e-mail or by telephone at (253) 327-1750 that you have received the message in error, and then delete it. Thank you.

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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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