Recent News

Because I work so closely with real estate investors who use LLCs for their investment properties, I am frequently asked whether they should put their primary residence in an LLC. Most people are aware that an LLC can provide liability protection for assets and may provide tax benefits. There are substantial downsides, however, associated with… Read More

June 10th, 2021 David C. Tingstad and Per E. Oscarsson discuss the business sale process, and they address common confusions that many sellers experience. Read More

June 3rd, 2021 Dimitra S. Scott speaks about surrogacy requirements in Washington State. Read More

Virtually every lawsuit involving disputes among owners of closely held or family-owned businesses includes a claim for “breach of fiduciary duty”.  You may have heard of a fiduciary duty, but would you know one if you saw it?  In this week’s post, let us discuss fiduciary duties in the context of Washington LLCs. Loyalty, Care,… Read More

Businesses’ needs are constantly evolving.  As a company’s size grows or shrinks through the natural business cycle, changes in the business model, mergers, spinoffs, retirements, and other factors, the company’s need for leased space also changes.  Changes are not always predictable far in advance.  As a result, your business might sign a long-term lease for… Read More

May 27th, 2021 Per Oscarsson and Sarah Smith speak about community property and related estate planning. Read More

On Thursday, April 22nd, Jay Inslee signed into law a right to counsel guaranteeing to low-income residential tenants the right to counsel during the eviction process. Although Seattle, and several other cities, had similar laws already on the books, Washington State has now established itself as the first state to pass such legislation. Washington appears to… Read More

May 20th, 2021 Dexter Bradford discusses major revisions to Washington’s homestead exemption. Read More

Lawyers, doctors, accountants, and other professionals cannot engage in the “corporate” practice of their professions, except through authorized entities.  Professional LLCs and professional service corporations are two such authorized entities.  When considering which entity may be right for you, it is important to note their differences. At least three issues distinguish professional LLCs from professional… Read More