Protect Against the “Attractive Nuisance”
If you’ve ever driven past an abandoned house with rusted play equipment in plain sight and thought that it looked like a dangerous trap for unwary children, then you intuitively…
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…
Property Sale Strategy: Selling Property with the Real Estate Contract
If a person proposes to sell real property (land, house, buildings, etc.), the best option is to receive a full cash offer. In this case, whether some or all of…
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.…
Liability Challenges for Charity Board Members
Charities and non-profits need good people that are willing to donate time and energy to make sure the enterprise is running efficiently and doing good deeds. So, they seek out…
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…
Disclaimer Trusts
Why in the world would I write about such an esoteric issue as the “Disclaimer Trust?” Simply put, it is one of the best and most frequently used trusts by…
Simplifying Life and Administration after Life
Above all else, two issues impact the complexity and time and cost of the administration of a person’s estate more than the rest: the assets and the heirs. One of…
Do I Need A Trust?
One of the most commonly fielded questions by estate planning attorneys is “Do I need a Trust?” What kind of trust? There are many, many, many different kinds of trusts.…
