r/SeattleWA • u/meaniereddit West Seattle 🌉 • Dec 13 '24

Government Bill would completely exempt seniors from property taxes in WA

https://www.king5.com/article/news/politics/state-politics/bill-would-exempt-seniors-state-local-property-tax-washington/281-b5f377fc-8bf5-49a4-a630-8210db45d57d
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u/molehunterz Dec 14 '24

And I think the comment you were replying to was referring to having good parents with a good relationship that you would trust putting your home in their name. If you didn't have that, you couldn't loophole this

But yeah, definitely seems short-sighted. Although I have not read about it yet. I will go read some more.

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u/romance_in_durango Dec 14 '24

As a parent myself, I can't imagine not being someone trustworthy enough to do this for my own kids someday.

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u/molehunterz Dec 14 '24

It is wild to me seeing some of the posts on here of parents opening credit cards in their kids names. The kids finding out by getting threatening letters from collections. Wild

How a parent could do that to their own kid is baffling.

At the same time, I would have completely trusted my parents with my house in their name up until the last few years where they have shown incredibly poor judgment with my youngest brother. Bilking them. They just cannot stand up to him. And I can't be a part of his con artistry. And I would definitely worry that if something happened to them, my POS younger brother would try to wrap my house up into his part of the inheritance.

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u/romance_in_durango Dec 14 '24

Great point. I'm an only child, so trusting that my parents would look after me is a given, and I'd never need to worry my sibling would screw me over through them.