If you're a self-employed business owner in Washington who has been successful, you may want to reward yourself for the hard work you've put in throughout the years by retiring and selling your business to one or more family members. Taking this action typically...
Month: August 2021
How do anticipatory breaches occur?
Parties enter into a contractual agreement with the expectation that everyone performs as stipulated. Regrettably, contract breaches are not uncommon, and one party might attempt to address its losses in a Washington court. Breaches could come without warning, such as...
Can I claim a share of my spouse’s retirement after divorce?
When you and your spouse have spent years or even decades accumulating significant assets, including pensions and retirement plans, you may be very concerned about ensuring the division of these assets is fair if you are facing divorce. If you are nearing retirement...
Buying a business in Washington state
If you are thinking about buying a business in Washington state, there are local obligations that you should be aware of. While there are plenty of rules the federal government imposes on these types of transactions, Washington state has its own unique set of...
Identifying property in high-asset divorces
Washington is a community property state, and this means if you get a divorce, you and your spouse are supposed to divide your marital assets equally. You do not have to divide each one exactly in half, of course, but in most cases, you should each have about 50% of...