Recent News

When Dave and Tanya Anderson decided to finally pull the trigger on starting their own business, they stumbled upon a thriving business that needed to sell for nonbusiness-related reasons.  The sellers needed to sell fast and had the business priced accordingly.  Once the deal checked some initial boxes, it was time to do a more… Read More

In a previous post, I discussed the “two and a half duties” LLC members owe to other members, focusing primarily on the duties of loyalty and care.  In this week’s installment, I attempt to identify some specifics about the slippery concept of the implied contractual duty of good faith and fair dealing (25.15.038(6)(b)). The context… Read More

A parenting plan is a court order in a divorce or other family law case involving children. The plan provides for the children’s physical care and sets forth the authority and responsibilities of each parent with respect to the children. It details when the children will see and live with each parent, including holidays and… Read More

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