Revised Code of Washington - RCW Title 11 Probate And Trust Law - Chapter 11.11 Testamentary Disposition Of Nonprobate Assets Act

11.11.003 Purposes
The purposes of this chapter are to: (1) Enhance and facilitate the power of testators to control the disposition of assets that pass outside their ...

11.11.005 Construction
(1) When construing sections and provisions of this chapter, the sections and provisions must: (a) Be liberally construed and applied to promote the purposes of ...

11.11.007 Intent -- Controversies between beneficiaries and testamentary beneficiaries
This chapter is intended to establish ownership rights to nonprobate assets upon the death of the owner, as between beneficiaries and testamentary beneficiaries. This chapter ...

11.11.010 Definitions
The definitions in this section apply throughout this chapter unless the context clearly requires otherwise. (1)(a) "Actual knowledge" means: (i) For a financial institution, whether ...

11.11.020 Disposition of nonprobate assets under will
(1) Subject to community property rights, upon the death of an owner the owner's interest in any nonprobate asset specifically referred to in the owner's ...

11.11.030 Waiver of right to dispose of a nonprobate asset under will -- Revocation of waiver
An owner may waive the right to dispose of a specific nonprobate asset by will under this chapter, with or without consideration, by a written ...

11.11.040 Right to rely on form of nonprobate asset -- Discharge of financial institution or other third party
In transferring nonprobate assets, a personal representative, a financial institution, or other third party may rely conclusively and entirely upon the form of the nonprobate ...

11.11.050 Notice -- Affidavit -- Form -- Limitation on liability for failure to provide notice
(1) Written notice under this chapter must be served personally or by certified mail, return receipt requested and postage prepaid, on the financial institution or ...

11.11.060 Vesting of rights and powers under chapter
The right to provide notice under RCW 11.11.050 and the entitlement of the testamentary beneficiary to the nonprobate asset vest immediately upon death of the ...

11.11.070 Ownership rights as between individuals preserved -- Testamentary beneficiary may recover nonprobate asset from beneficiary -- Limitation on action to recover
(1) The protection accorded to financial institutions and other third parties under RCW 11.11.040 has no bearing on the actual rights of ownership to nonprobate ...

11.11.080 Nonprobate assets not property of estate -- Effect of notice on administration -- Effect of preceding death of devisee or legatee
(1) Notwithstanding any provision of this chapter, a nonprobate asset disposed of under the owner's will may not be treated as a part of the ...

11.11.090 Transfer of nonprobate asset to testamentary beneficiary
(1) A financial institution's or third party's obligation to transfer a nonprobate asset to a testamentary beneficiary arises only after it has actual knowledge of ...

11.11.100 Authority to withhold transfer -- Notice -- Expenses of obtaining consent, authorization, direction
(1) This chapter does not require any financial institution or other third party to transfer a nonprobate asset to a beneficiary, testamentary beneficiary, or other ...

11.11.110 Adverse claim bond
Notwithstanding RCW 11.11.100, a financial institution or other third party having actual knowledge of the existence of a dispute between beneficiaries, a testamentary beneficiary, or ...

11.11.900 Short title
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11.11.901 Application of chapter
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11.11.902 Part headings and section captions not law -- 1998 c 292
Part headings and section captions used in this act are not any part of the law.[1998 c 292 § 601.] ...

11.11.903 Effective dates -- 1998 c 292
(1) Sections 101 through 116 and 118 of this act take effect July 1, 1999. (2) Sections 117, 201 through 205, 301, 401, 501 through ...