Give the Gift of Appreciated Stock
With the holiday season upon us and tidings of good cheer in the air, our collective instincts for generosity often peak. It’s worth considering perhaps a better way to give…
The Side Job and Choice of Entity Planning
“Corporation, n. an ingenious device for obtaining individual profit without individual responsibility.” Ambrose Bierce, the Unabridged Devil’s Dictionary. Regrettably, Limited Liability Companies (LLCs) were not included in Ambrose Bierce’s popular…
Miniature House on A Financial Graph
Possibilities for Passive Income –
Real Estate and Stock Market
With the Tri-Cities housing market about as hot as it has ever been, why would an investor want to consider investing in the stock market? Let’s compare and contrast some…
Spousal Trust for Protection for Your Spouse (or From Your Spouse)
A trust set up for the benefit of your spouse can provide powerful protection for your spouse while at the same time protect your vision for the ultimate distribution of…
Charitable Lead Trust
What is a charitable giving technique that doubles as a wealth transfer technique to avoid estate taxes and at the same time works especially well in a low-interest rate environment…
Washington Capital Gains Tax
On May 4th of this year, Governor Inslee signed into law a new capital gains tax set to take effect January 1, 2022. This law likely will not impact most…
Corporate Split-Offs, Spinoffs, and Split-Ups
Space Exploration Technologies Corp. (SpaceX) is beta testing a new satellite-provided broadband internet service through its Starlink brand. At times, reports have come out that SpaceX planned to spin-off Starlink.…
The Donor Advised Fund
Donor Advised Funds have gained in popularity in recent years. They provide an easy way to facilitate charitable giving, they can increase tax savings, and they can be creatively employed…
Mergers and Acquisition
When businesses or professionals talk about engaging in mergers or acquisitions (M&A), what exactly might that entail? In a general sense, M&A is a broad term used to describe the…
Small Business Valuation
Small business owners often have a very difficult time trying to determine the value of their business. Perhaps the owner has never taken the time to consider the value. Perhaps…
