For couples who don't have a valid prenuptial agreement, property settlement agreement or community property agreement in Washington, the court decides how to divide their property and debt. Washington is a community property state, which means that all marital...
Year: 2021
Consider your business tax implications when divorcing
If you are a business owner in Washington in the midst of a divorce, you'll have new tax implications once you and your spouse have signed the papers terminating your marriage. Here are some points you need to consider while negotiating your divorce terms. Tax-free...
The basics of reverse mergers
In Washington, there are many transactions that happen on a daily basis that profit companies in different ways. If you own a business, you may want your company to bypass the lengthy process of going public and avoid the costs of an initial public offering (IPO)....
A way to avoid procuring disputes
An agent involved in the sale of a Washington property is entitled to a share of the sale's profits. The work an agent invests does give them the right to make disputes regarding their commissions. There is a cordial way of dealing with such disputes. However, when...
How IP assets figure into your divorce in Washington
Some statistics show that about half of all marriages in the United States are ending in divorce, whether it's the person's first or latest marriage. This only makes it all the more crucial that all Washington marital assets are properly identified and allocated...
Factors to consider when buying a business in Washington
People who buy established businesses in Washington statistically have better odds of becoming successful than people who start from scratch. However, it is critical to meticulously look through every important detail of the business you want to buy because any factor...
Non-competes and remote work
The non-compete agreement is a controversial part of employment, and it is one that is facing more and more limits and scrutiny in recent years. A non-compete in Washington can prevent a worker from going to one of their employer's competitors and working for them...
4 questions that a solid reverse diligence process should answer
When selling a Washington business, it's important to have a solid reverse diligence process. This will allow you to analyze your company from the prospective of someone who might buy it. The process considers ongoing legislation, access to documentation and other...
Cryptocurrency, hidden assets and divorce
Washington residents understand that property division can be one of the most contentious parts of any divorce. When there are many assets at stake, people may be motivated to try and hide some of them and avoid sharing with their estranged spouse. One way that...
What falls under trade secrets?
The scope of what can be considered a trade secret for Washington companies that own them as intellectual property is extensive. A trade secret is practically any information that can be used to give the property holder an edge on all of its competitors. Practically...