What To Do If Your Data Has Been Breached
It feels like we are notified weekly that our data has been breached by one source or another. Most recently, according to a class action lawsuit, National Public Data –…
How Much Estate Tax Will I Owe (Back-of-the-Napkin Calculation)
Washington state has published its estate tax threshold for 2024. Spoiler alert: it hasn’t changed from 2023. When learning about the estate tax, people generally want to understand how to…
Navigating the Personal Residence Capital Gains Tax Trap for Seniors
As a senior citizen ages in her residence, she begins to understand a problem that has been brewing for years or decades. The house that she bought many moons ago…
Out-of-State Property Requires Special Attention in Estate Plan
Commonly called “Probate,” the laws that dictate the handling of a person's assets after their death usually depend on the state in which they reside. However, when it comes…
Protect Your Wishes with The Health Care Directive and Power of Attorney Combo
Are you confused about the Health Care Directive? Is it the same as a Power of Attorney for Health Care? And what about a Living Will, DNR, or POLST? These…
Finance Your Business with A Loan Instead of an Equity Investor
Securing a source of capital for a new or existing business can be a challenge. Consider a common scenario: Diana has a promising idea for a new business and possesses…
Setting up a Solo LLC is Simple; a Multi-Member LLC is Infinitely More Complex
When setting up a business, conventional wisdom dictates that the business be set up in a legal entity providing limited liability protection, like a Limited Liability Company (LLC). This is…
Letter of Intent to Purchase Business
Individuals seeking to start or grow a business often look to acquisition strategies to achieve those goals. Once a prospective Buyer has identified a potential business to acquire and once…
Place Real Property in LLC
Do you own rental property, a vacation home, or commercial real estate? Placing income-producing real property into a Limited Liability Company (LLC) could be one of the smartest legal and financial moves you make. In this video, Beau Ruff explains how an LLC can protect your personal assets, reduce liability, and even simplify estate planning—especially for out-of-state properties. Learn the key benefits, potential pitfalls, and why forming an LLC before you buy might save you time and trouble later.
The Community Property Agreement
If you're married and living in Washington state, your estate plan might be missing a powerful yet simple tool: the Community Property Agreement. Despite Washington being a community property state, assets don’t automatically transfer to a surviving spouse upon death. This one-page document can streamline your estate plan, ensuring your wishes are honored and your spouse is protected. Learn how it works, when it’s right for you, and why it might be the most cost-effective estate planning move you can make.
