[WSBARP] QUESTION ON REAL ESTATE EXCISE TAX

[Jan Kelly]

If the house will retain its separate property character in the trust, then
it is 458-61A-211(2)(g). If they want it to convert to community property,
you need a 2-step process. First change it to community property using
458-61A-203(1) and record; then record the change to trust under
458-61A-211(2)(g).

On Sun, Sep 17, 2023 at 9:51 AM Fern Herbert <fern at zenith-lawgroup.com>
wrote:

> Hello Listmates,
>
> I am in the process of transferring real property held in the name of
> *ONE* spouse into a revocable trust held by both spouses.  I have looked
> at the WAC 458-61A and I do not see an exemption for this kind of transfer.
> Does anyone know of an exemption and is willing to share what you know?
>
> Thanks in advance.
>
>
> *Fern Herbert*
> Managing Attorney
> *Zenith Law Group, PLLC*
>
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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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