WA SB5887

Requires holders of property (financial institutions, insurance companies, etc.) to notify charitable organizations within 10 business days of a property owner's death when the charity is named as a beneficiary on life insurance, retirement accounts, or other nonprobate instruments

Prohibits property holders from requesting personal identifying information (Social Security numbers, home addresses, financial information, background checks, etc.) from employees or board members of charitable organizations as a condition of transferring property

Mandates property transfer to charitable beneficiaries within 30 days of receiving a compliant affidavit, and bars requiring charities to open accounts or wait for co-beneficiaries to submit claims

Creates a private right of action in superior court for charitable organizations to compel compliance, with potential awards of actual damages, court costs, civil penalties of $500-$10,000, and reasonable attorneys' fees

Applies to charitable organizations recognized as 501(c)(3) tax-exempt entities and registered with the Washington Secretary of State under chapter 19.09 RCW