RCW 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 the claim of the testamentary beneficiary, and after receiving written direction from the personal representative of the owner's estate, or if the personal representative consents in writing, from the testamentary beneficiary, to make the transfer. The financial institution may also require that its customary procedures be followed in effectuating a transfer of the nonprobate asset.
(2) Subject to subsection (1) of this section, financial institutions and other third parties may transfer a nonprobate asset that has not already been distributed to the testamentary beneficiary entitled to the nonprobate asset under the owner's will, subject to liabilities and claims, estate taxes, and expenses of administration under RCW 11.18.200.
[ 1998 c 292 § 113.]
Structure Revised Code of Washington
Title 11 - Probate and Trust Law
Chapter 11.11 - Testamentary Disposition of Nonprobate Assets Act.
11.11.007 - Intent—Controversies between beneficiaries and testamentary beneficiaries.
11.11.020 - Disposition of nonprobate assets under will.
11.11.030 - Waiver of right to dispose of a nonprobate asset under will—Revocation of waiver.
11.11.050 - Notice—Affidavit—Form—Limitation on liability for failure to provide notice.
11.11.060 - Vesting of rights and powers under chapter.
11.11.090 - Transfer of nonprobate asset to testamentary beneficiary.
11.11.110 - Adverse claim bond.