WAC 365-220-040
What happens to an account when the
beneficiary dies? At the time of enrollment, the primary donor
will designate in the joinder agreement how any remaining private
funds, and any earnings attributable to remaining private funds,
will be distributed on the death of the beneficiary. The primary
donor will indicate the amount of funds to be disbursed and to
whom they will be disbursed. In some cases, state and federal
law may require certain distributions of remaining funds
notwithstanding the disposition plan. When an individual trust
account is closed by reason of the death of the beneficiary, the
unexpended state matching money and any earnings attributable to
the unexpended state matching money revert to the developmental
disabilities endowment trust fund.
[Statutory Authority: RCW 43.330.240. 02-07-026, § 365-220-040,
filed 3/12/02, effective 4/12/02.]