Personal Guarantees and Your Business
A personal guarantee is an individual’s promise to repay credit on behalf of a business. If your business is unable to pay its debt, you will become personally liable for that debt. In effect, owners and executives “backstop” the obligation.
Estate Planning for a Closely Held Family Business
You’ve put a lot of time and effort into growing your business. Have you considered what will happen to your family or your employees if you do not make a plan for your business in the event of your passing?
Why You Should Get Legal Counsel Before Attempting to Evict a Tenant
Operating a rental property is a business, and sometimes, you need to make the difficult decision to evict a tenant. Whatever the reason, you should get legal counsel before attempting to evict a tenant because a failure to follow the legal requirements for an eviction will result in the court denying your attempt to evict the tenant and could result in civil liability for you, the landlord.
How Divorce Can Affect Your Business
As part of divorce, a couple’s assets will be divided and ownership interests will be assigned to each former spouse. These assets can include the business that you founded, operated, and have grown over the years.
Michael joined Ryan Burklo of Quantified Financial Partners for an episode of his Holistic Finance Podcast. They discussed the legal side of naturopathic practices on topics such as business entity, protecting the practice and employees.
Estate Planning for Landlords
Failing to make a plan for your rental property could lead to significant difficulties and conflict over the operation of the investment property, additional taxes, and confusion for your loved ones after you die.
Don't DIY Your General Counsel
As a small business owner, you face important legal questions and issues on an almost daily basis. How can you find the legal advice you need at a cost that makes sense for your business?
Why You Should Put Your Rental Property in an LLC
One of the best solutions to protect your assets is to create an LLC to own and operate your rental property business.
Demystifying the Probate Process
Probate is the legal process of settling the estate of someone who has passed away, the decedent.
Do Not Put Your Business at Risk – Why You Should Not Copy A Contract from Another Business
When you started your small business, you probably benefitted from others who have started this journey – advice, stories, referrals, etc. But copying another business’s contract could put your business at risk.
Making the Most of Your Limited Liability Company
Congratulations! You’ve started a business! Hopefully you’re following your dreams while also finding a way to support your family. Make sure your business has the maximum amount of protection for you and your assets.
Removing Race or Identity Based Restrictive Covenants from Your Property
You can remove racist restricted covenants from your property.
Top 10 Legal Tips for Starting a Business
Before striking out on your own and starting your own business, here are 10 tips from a business attorney to help you avoid conflict, stay on track, and survive the inevitable challenges that arise in any commercial endeavor.
Rebuilding Your Business After Covid-19
The COVID-19 outbreak and the Government’s response has wreaked financial havoc around the globe and our state, leaving many small-business owners struggling in its wake. This guide can provide you with practical guidance to get your business back on track.
Gov. Inslee’s New Eviction Moratorium Expands Rental Protections
What does Gov. Inslee’s April 2020 order mean for landlords?
Understanding the Force Majeure Clause
The global Covid- 19 pandemic have led many businesses and individuals to inquire if they must still perform their contractual obligations as may be found in a service contract, installment contract, or lease.
Financial Assistance for Businesses: Available Relief from the Washington Department of Revenue
Washington Department of Revenue (DOR) is taking significant measures during the state of emergency to provide relief to all COVID-19 impacted businesses. What do they mean for your business?
Important Information on Foreclosures and Evictions Amid COVID-19
Amid the outbreak of COVID-19, our state and federal governments have taken steps to ensure that families continue to have a place to live during this unprecedented global pandemic.
Selecting the Proper Business Entity When Rendering Professional Services
When deciding whether to create and form a business entity, individuals must consider not only the form of the entity (i.e. corporation, limited liability company, limited liability partnership), but also whether that entity form should be a professional services entity.
Not All Business Entities Are Created Equal
A business entity is a separate legal being from the actual business owner, created to engage in business or trade. For many business owners, the most important aspect of the business entity is the entity’s structure, which creates the ability to separate the debts of the business from the owner or owners.
Five Easy Ways for Your Business to Better Avoid Litigation
While there is no way to completely insulate your business from litigation, there are certain steps that every business owner should take to avoid litigation where possible.
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