Recent News

February 25th, 2021 Todd J. Cook discusses the Washington Timber Trespass Act. During the webinar, he will discuss: The definition of a Timber Trespass under Washington law;The distinction between a Timber Trespass Claim (RCW 64.12.030) and a Waste Claim (RCW 4.24.630);Damages theories applicable to Timber Trespass Claims;Common issues in prosecuting or defending a Timber Trespass… Read More

When drafting LLC agreements, practitioners ought to remember that LLC interests may be securities subject to both state and federal securities laws. When an LLC interest becomes a security, additional disclosures of  “material facts” are required.  Without such disclosures, personal liability for securities fraud looms. The recent Washington Court of Appeals case of Freeman v.… Read More

The Minor Guardianship law went into effect January 2021, replacing non-parental custody rules and procedures. It massively expanded the number of people to which you need to give notice.1 Previously, it was just a matter between the parents, whoever, had custody of the kids, and whoever wanted to get custody of the kids. Now, you… Read More

February 18th, 2021 David C. Tingstad, Per E. Oscarsson, Eli K. Yim, and Sarah C. Smith discuss tax issues with LLCs. Read More

Lawyers advising LLCs and their members must understand capital accounts from a tax perspective. When LLCs are taxed as a partnership, a member’s capital account reflects a portion of a member’s economic interest in the LLC. The tax regulations surrounding capital accounts are lengthy and complex, but understanding the basics allows practitioners to fully counsel… Read More

If you have a current child support order or are looking to request, modify, or adjust child support, you should be aware that there have been a number of noteworthy changes to the child support laws in 2020. The following is a brief summary of some of the changes: What is “full-time” employment for purposes… Read More

February 11th, 2021 Anne B. Bennette from our Family Law Group discusses community property, specifically unvested stock shares. Read More

Real estate investors frequently come to me seeking advice regarding placing their investments into business entities for asset protection and other business reasons.  Almost always, the LLC is the entity of choice for real estate investments. The reasons behind this simplistic answer, however, are far more complex. Realization Events Under the Section 1001 of Tax… Read More

February 4th, 2021 William O. Kessler and Andrew M. McKenzie speak about seller disclosure statement/Form 17 issues. Read More