[WSBARP] TODD Question

[jbdolan at jbdolan.com]

Colleagues:

 

Mom executed a TODD for her residence to daughter in 2019.

 

Now, Mom wants to convey the residence to the same daughter immediately (for
purposes of Medicaid planning) via QCD.

 

Question: since the QCD is conveying the property to the same daughter as
the TODD, do we need to revoke the TODD?  I don't mind drafting a
revocation, but these folks are not flush with cash and saving the
additional $304.50 recording fee would be nice, if possible?

 

Jim Dolan

 

=========================

 

Jones Butler Dolan, PS

P.O. Box 458

10027 SR 532

Stanwood, WA 98292

(tel) 360-336-2939

(fax) 360-336-2949

 

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