Revised Code of Washington
Chapter 11.98 - Trusts.
11.98.002 - Definitions.

RCW 11.98.002
Definitions.

The definitions in this section apply throughout this chapter, and throughout this title where specifically referenced, unless the context clearly requires otherwise.
(1) "Permissible distributee" means a trust beneficiary who is currently eligible to receive distributions of trust income or principal, whether the distribution is mandatory or discretionary.
(2) "Qualified beneficiary" means a trust beneficiary who, on the date that such beneficiary's qualification is determined:
(a) Is a permissible distributee;
(b) Would be a permissible distributee if the interests of the distributees described in (a) of this subsection terminated on that date; or
(c) Would be a permissible distributee if the trust terminated on that date.

[ 2013 c 272 § 8.]
NOTES:

Application—2013 c 272: "Except as otherwise provided in this act:
(1) This act applies to all trusts created before, on, or after January 1, 2013;
(2) This act applies to all judicial proceedings concerning trusts commenced on or after January 1, 2013;
(3) An action taken before January 1, 2013, is not affected by this act; and
(4) If a right is acquired, extinguished, or barred upon the expiration of a prescribed period that has commenced to run under any other statute before January 1, 2013, that statute continues to apply to the right even if it has been repealed or superseded." [ 2013 c 272 § 28.]

Structure Revised Code of Washington

Revised Code of Washington

Title 11 - Probate and Trust Law

Chapter 11.98 - Trusts.

11.98.002 - Definitions.

11.98.005 - Trust situs and governing law.

11.98.008 - Trust creation—Methods.

11.98.009 - Application of chapter.

11.98.011 - Trust creation—Requirements.

11.98.012 - Trust creation—Other jurisdictions.

11.98.013 - Trust creation—Allowable purposes.

11.98.014 - Trust creation—Oral trusts.

11.98.015 - Noncharitable trusts without ascertainable beneficiaries.

11.98.016 - Exercise of powers by co-trustees.

11.98.017 - Trusteeship—Accepting and declining—Powers without acceptance.

11.98.019 - Relinquishment of powers by trustee.

11.98.029 - Resignation of trustee.

11.98.039 - Nonjudicial change of trustee—Judicial appointment or change of trustee—Liability and duties of successor fiduciary.

11.98.041 - Change of trustee—Discharge of outgoing trustee, when.

11.98.045 - Criteria for transfer of trust assets or administration.

11.98.051 - Nonjudicial transfer of trust assets or administration—Notice—Consent required.

11.98.055 - Judicial transfer of situs of trusts.

11.98.060 - Power of successor trustee.

11.98.065 - Change in form of corporate trustee.

11.98.070 - Power of trustee.

11.98.071 - Trustee's delegation of duties.

11.98.072 - Trustee—Notification requirements.

11.98.075 - Certification of trust.

11.98.078 - Trustee duty of loyalty.

11.98.080 - Consolidation of trusts.

11.98.085 - Trustee—Breach of trust—Damages.

11.98.100 - Nonliability for action or inaction based on lack of knowledge of events.

11.98.105 - Nonliability of third persons without knowledge of breach.

11.98.107 - Trustee exculpation.

11.98.108 - Nonliability of trustee—Beneficiary's consent, release, or ratification.

11.98.110 - Contract and tort liability.

11.98.130 - Rule against perpetuities.

11.98.140 - Distribution and vesting of assets.

11.98.145 - Distribution upon termination.

11.98.150 - Distribution of assets after one hundred fifty-year period.

11.98.160 - Effective date of irrevocable inter vivos trust—Effective date of revocable inter vivos or testamentary trust.

11.98.170 - Designation of trustee as beneficiary of life insurance policy or retirement plan—Determination of proper recipient of proceeds—Definitions—Beneficiary designations executed before January 1, 1985, not invalidated.

11.98.200 - Beneficiary trustee—Limitations on power.

11.98.210 - Beneficiary trustee—Disregard of provision conferring absolute or similar power—Power of removal.

11.98.220 - Beneficiary trustee—Inferences of law—Judicial review.

11.98.230 - Beneficiary trustee—Income under marital deduction—Spousal power of appointment.

11.98.240 - Beneficiary trustee—Applicability—Exceptions—Election of exception—Cause of action.

11.98.900 - Application of RCW 11.98.130 through 11.98.160—RCW 11.68.090 prevails.

11.98.920 - Short title.

11.98.930 - Construction—Chapter applicable to state registered domestic partnerships—2009 c 521.