Employee or Independent Contractor Status
An individual or a business can engage (i.e. contract) with another as an employee or an independent contractor. The business owner is usually better served if he or she can…
Front view of businessman receiving award from businesswoman in front of business professionals applauding at business seminar in office building
Business Sale Strategy: Gift of Appreciated Stock to Charity followed by Sale
If you are a business owner that: (1) is looking towards succession planning and the option of selling your interest in a business; (2) has inclinations towards charitable giving; and…
Local or out-of-town attorney?
When businesses need attorneys to assist on either day-to-day matters (e.g. labor and employment issues) or once-in-a-lifetime matters (e.g. selling the business), the business will need to choose whether to…
Place Real Property in LLC for Protection
Generally, in Washington state, income producing real property should be placed into a Washington limited liability company (“LLC”). What is real property? Real property is any property that is of…
Slander and Libel
When a person conveys false or misleading information about another person or entity, the injured party has a potential cause of action (lawsuit) against the offending individual. Regrettably, most people…
Preparing Your Business for Sale
At some point, the lucky entrepreneur is able to realize the fruits of her success and ride off into the sunset after the momentous occasion of having sold her business.…
Organizational Documents are Imperative to an Entrepreneur’s Business
An entrepreneur has an idea…a vision…a way to make money…a niche to fill. She has the know-how, she has the connections, she has the backers and maybe partners. Now, she…
Prudent Investor Rule
You can do whatever you want with your money and assets but when charged with caring for another person’s money and assets, a body of law provides guidance on how…
Buy-out of a Deceased Owner’s Share of the Company
Organizational documents are imperative for entrepreneurs starting a business. This article digs a little deeper into a specific issue that comes up in the organizational documents: the buy-out of a…
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Short Term Excess Cash – Where do we park it?
Sometimes our clients come into excess cash. They sell an asset or a business. They receive an inheritance or gift. They receive a large bonus or award. And, though the…
