Owning a business in Washington state involves navigating complex legal decisions every day. No matter how well you run your company, you may deal with business lawsuits. Business torts In business law, a tort refers to a civil action against those intending to cause...
Year: 2022
How do you divide your retirement accounts in a divorce?
How your retirement accounts are divided in your divorce depends on which state you're living in, as it will be a matter of equitable distribution or community property. Washington is a community property state, so all debts and assets accrued by both parties...
Does your Washington business have unlimited liability?
Many Washington business owners design their company's legal structure to prevent being them being held personally responsible for its debts. However, some companies may have characteristics that places responsibility for business debts onto the company owners....
How should you handle your art collection in divorce?
Divorce is never easy in Washington or anywhere else. One complicating aspect of ending a marriage is dividing assets, which may include valuable pieces of art. There are a few things you should know about divorce and your art collection. Marital versus separate...
How to protect your interests when you divorce after 50
The divorce rate for residents of Washington who are over 50 continues to increase even while the rate, in general, remains steady. When older people divorce, the concern is often about the financial implications and the possible impact on each spouse’s retirement...
Understanding mediation for business disputes
There are many possible ways to resolve a business dispute without the need to argue it in a Washington courtroom. In many cases, mediation may be a quality alternative to litigation. There are many potential benefits to mediation including the ability to retain...
What should you keep in mind when selling your small business?
If you own a small business in Washington state, you may someday realize that you want to sell that business. After years of the hard work that it took to become successful with your company, you want to make sure that the selling of your business goes smoothly. To...
A business owner’s guide to employee tips in Washington
Washington law requires employers to pay their employees a minimum wage. However, there are certain circumstances where employees can receive customer tips. When this happens, employers need to know how to handle the payment and taxes on that money to avoid legal...
Why due diligence matters in acquisitions
Due diligence is one of the most important steps in the merger and acquisition process. Typically, buyers and sellers both engage in due diligence to ensure that they can close on a transaction in a timely and confident manner. It can also help to ensure that a sale...
Three things to consider when a neighbor’s water damages your property
You're not going to get far in life without water. With that said, too much water can be a bad thing when it ends up affecting your property. If you're dealing with water damage from a neighbor in Washington, you might be able to claim damages. Here's more information...