The Ultimate Guide to Asset Protection: How to Safeguard Your Wealth with an LLC
This comprehensive guide covers the two essential aspects of LLCs that you must understand to effectively protect your assets and achieve peace of min…
Category: Articles
Navigating Taxation for Single-Member and Two-Member LLCs: Key Considerations
As a business owner, understanding the taxation of Limited Liability Companies (LLCs) is crucial. In this article, we will discuss the tax implications for single-member…
Washington State Durable Power of Attorney: Everything You Need to Know
A Washington State Durable Power of Attorney is a crucial legal document that allows an individual to appoint someone else to manage their affairs if …
Sell your business for more by nailing valuation
A summary of the factors that go into the sale of a business, the terminology used, how valuations work, and seven ways to increase the value of a bus…
The Sad Legal Rule of 70
Most Americans do not have a Will. One lawyer contemplates this and its impact on so many families by inventing a legal rule, the Rule of 70.
BoomX versus a Team of Millenials
A new document production has entered the market. Can BoomX compete with a venture capital fueled team of young marketers?
Washington State’s Three Taxes on Wealth
A summary of Washington state's estate tax, capital gains tax, and its new wealth tax proposal, in the context of a record revenue surplus that contin…
Irrevocable Trust
A trust, created at when you are living or by your will when you die, that you cannot amend or revoke. Often, the assets in…
Revocable Living Trust
A trust created while you are living. Living trusts do not protect assets because, except for probate law, the assets inside the trust are owned…
Community Property
Property owned jointly by two spouses in community property states. The community property states are Arizona, California, Idaho, Louisiana, Nevada, New Mexico, Texas, Washington, and…