Skip to main content
David Andrew Petteys

David Petteys’s Answers

1 total

  • In transfer of assets during divorce does receiving spouse need to pay any kind of Washington state tax on receipt of asset?

    We're looking to achieve an amicable divorce and do not want to burden each other with any taxes that may be due on any transfer of assets.

    David’s Answer

    I would add the following: in addition to Real Estate Excise Tax, the transfer of real property would be subject to any outstanding property taxes, which constitute a lien against the property irrespective of any transfer.

    See question