Washington Code > Chapter 48.85 – Washington long-term care partnership
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Terms Used In Washington Code > Chapter 48.85 - Washington long-term care partnership
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Contract: A legal written agreement that becomes binding when signed.
- 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.