Normally, a final decision of the D.C. court would be quicker and easier to enforce than a written agreement on winch disputes. However, the presentation of the TEDRA agreement makes the public agreement available, which the parties may not wish for. As a general rule, where a special representative has been appointed to protect the interests of minors, the EUSR would insist that the agreement be submitted to the Court of Justice and exercise its control, as stated in the statute. Suppose a couple creates a trust and then uses a will to overflow to fund trust after their death. However, suppose that the children cited as beneficiaries of the trust do not want the money or property of the first parent who dies to go to the trust. Let us say that they want the property or money to be transferred directly to the surviving spouse. In this case, children who have been the final beneficiaries of the trust company can enter into a TEDRA agreement with the surviving parent to eliminate trust and allow the property to be distributed directly to the surviving parent. (a) the determination of each group of creditors, decorators, purchasers, heirs, parents or others who are interested in an estate, property, non-probable property or in relation to other property or interests that have passed on at death; (b) instructing a personal representative or agent to do or refrain from performing an act of loyalty; (c) the identification of any issues that may arise when managing an estate or trust or non-profit assets or other property or heritage interests that passed to death, including, without restriction, questions relating to: (i) the formation of wills, trusts, joint contracts and other writings; (ii) a change of representative or personal agent; (iii) a change in confidence level; (iv) an accounting of a personal representative or agent; (v) setting the costs of a personal representative or agent; or vi) the powers and obligations of a legal adviser or senior agent of a directed trust, in accordance with Chapter 11.98A RCW; (d) granting a personal representative or agent the necessary or desirable power that is not granted or conferred by law in the management instrument; (e) an appeal or procedure under Chapter 11.84 RCW; (f) amending, reforming or complying with a will or trust instrument to comply with the statutes and rules of the U.S. Internal Tax Service in order to qualify deductions, elections and other tax requirements, including the characterization of a gift to a surviving spouse who is not a U.S. citizen for the deduction of inheritance tax authorized by federal law , including the addition of mandatory rules for a qualified national trust fund, in accordance with Section 2056A of the Internal Revenue Code, the characterization of a gift as a qualified facility, as permitted by federal law, or the characterization of a gift for the deduction of corporation tax authorized by federal law, including the addition of mandatory administrative instrument requirements for a non-profit fiduciary entity; (g) with respect to all untried assets or other heritage or heritage interests: property that has been sentenced to death, including collective rental property, property that is the subject of a property or assets contract subject to payment in the event of death or transfer under death indication: the purpose of RCW 11.96A.220 to 11.96A.250 is to initiate a binding out-of-court procedure for the resolution of business in writing between parties to the estate or treuhand.
The procedure is complete and does not depart from other procedures or provisions approved by law or common law.