News from the Desk: December 2019

By December 10, 2019 March 4th, 2020 No Comments

Happy December! We hope you are enjoying this holiday season, and have plans for much merriment, joy and celebration as we move into the new year.

The holidays are a busy time, and there’s no exception for our firm! Sherry enjoyed some holiday cheer during the December 4 Estate Planning Council of Seattle (EPC) meeting, where the theme was year end planning. And on December 5, Sherry attended the King County Bar Association (KCBA) Solo and Small Firm Section’s holiday lunch at the Seattle Tennis Club. Sherry had a great time catching up with colleagues, and even snagged an awesome White Elephant gift – a certificate for a weekend at a cabin near Leavenworth!

Once again, I will be the Master of Ceremonies for this year’s Washington State Bar Association (WSBA) Best of CLE (continuing legal education) webcast series on December 18 and 19. We’ll have some great CLE programs on hand including how to advise businesses on employment law and intellectual property matters, tips for counseling businesses engaged in non-traditional industries, and the latest updates on how law firms can leverage artificial intelligence. If you’re an attorney needing a few more credits before the year ends, this is the event for you! Click here to register for this informative webcast.

I was recently interviewed by Alex Collins of Quantified Financial Partners for their Holistic Finance podcast! We discussed legal issues related to setting up a new business including entity selection, the relationship between business owners, contracts and commercial leases. Check it out here!

To make you smile, here’s Roger, our Office Morale Leader, enjoying the colors of the season . . .

https://youtu.be/9_R6s5dh4T0

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As always, I would love to hear your questions and comments. If you have any questions about our firm and the work we do, please contact us or visit our website.

Recent Updates from Our Blog

What Climbing El Capitan Can Teach You About Approaching Risks in a Business Agreement

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When Alex Honnold prepared to climb El Capitan without use of a rope or human support, he methodically calculated the risks and benefits of each aspect of the challenge. Similarly, as Stacey explains in this post, when approaching a business transaction, clients need to work with their business attorney to understand and minimize their risks.

Do You Have Trust Issues? Considerations in Funding Trusts

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Trusts are created to distribute assets to people, organizations or even animals. But sometimes, as Sherry writes, if a Grantor doesn’t have a clear understanding of the purpose of the trust and whether the assets designated to fund the trust are sufficient for that purpose, they may be sorely disappointed when, for example, “a trust they believed would fund a Stanford education through graduate school only has enough money to pay for two years of tuition at the local community college.”

Can’t Afford to Do Anything About Estate Tax?

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Need help avoiding or minimizing the Washington estate tax but think it’s out of your price range? Stacey confronts some misinformation that is in the public sphere about this issue, and explains how, if you are fortunate enough to have sufficient assets to be concerned about this issue, you likely have the resources to retain attorneys and accountants to provide assistance.

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