§ 11.64.002 Inventory — Appraisement
§ 11.64.008 Surviving partner may continue in possession
§ 11.64.016 Security may be required
§ 11.64.022 Failure to furnish inventory, list liabilities, permit appraisal, etc. — Show cause — Contempt of court — Receiver
§ 11.64.030 Surviving partner or partners may purchase deceased’s interest — Valuation — Conditions of sale — Protection against partnership liabilities
§ 11.64.040 Surviving partner may operate under agreement with estate — Termination
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Terms Used In Washington Code > Chapter 11.64 - Partnership property

  • Appraisal: A determination of property value.
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Decedent: A deceased person.
  • Issue: means all the lineal descendants of an individual. See Washington Code 11.02.005
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
  • person: may be construed to include the United States, this state, or any state or territory, or any public or private corporation or limited liability company, as well as an individual. See Washington Code 1.16.080
  • Personal representative: includes executor, administrator, special administrator, and conservator or limited conservator and special representative. See Washington Code 11.02.005
  • Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.