News Category: Blog Articles
Financial Documents to Gather for Your Divorce
Managing personal finances is stressful, and many people are glad to let their spouse take the lead on paying bills, filing taxes, managing investments and the like. However, when preparing for divorce, you should have a good understanding of your finances, including your and your spouse’s income, as well as your assets and liabilities. One
Concerned About Collecting Against a Shifty Debtor? Prejudgment Writs of Attachment in Light of Changes in the Law and RCW 6.25.030
Collecting against an insolvent debtor (i.e., defendant) creates issues and places pressure on the creditor (i.e., plaintiff) to secure the debtor’s assets while final judgment in a lawsuit is pending. Oftentimes there is a concern that the debtor is secreting/moving assets or not maintaining assets prior to or during the pendency of the lawsuit, to
2024 Washington Updates to Minimum Wage, Exempt Employees, and Noncompetes
Important developments are on the horizon for Washington State employers in 2024. Beginning on January 1, 2024, the minimum wage in Washington will go up to $16.28 per hour, up 3.4% from 2023 and the highest statewide minimum wage in the country. For employers in Seattle, SeaTac, and Tukwila you can expect an increase in
Child Support Past High School Graduation? Postsecondary Educational Support in Washington
In many states, child support obligations do not extend past either the age of 18 or the child’s graduation from high school. In Washington, however, a parent can file a petition to continue child support after the child turns age 18 and while the child is enrolled in college or vocational school. This is known
Back to School – Estate Planning for College Students
As college students prepare to move into campus housing and attend orientation, estate planning is likely the last thing on their mind. However, when a person turns 18, health care decisions and managing financial matters no longer reside with the parent. Having certain estate planning documents in place prior to the start of the school
Going Through a Divorce With Children? 4 Things to Keep in Mind for the Final Parenting Plan
It can feel overwhelming going through a divorce when you have children. There are so many things to consider that it can be tough to know where to start. If you have children under age 18 and are getting divorced in Washington State, you will need a parenting plan. You can think of a parenting
Should You Arbitrate Your Family Law Dispute?
Is arbitration the right forum for your divorce or family law dispute? Arbitration can be an alternative to using a court to resolve your family law matter. It is a private proceeding that will likely take place in an office or online and tends to be less formal than court proceedings. The arbitrator is often
Business Obligations Under the Corporate Transparency Act: What You Need to Know
***UPDATE: Per the U.S. Treasury Department announcement, FinCEN is now dead except for some limited foreign entity reporting. See post at FINCEN Filings Terminated for additional information.*** The Corporate Transparency Act (CTA) was enacted to enhance corporate transparency and combat illicit activities such as money laundering and tax evasion. While the primary focus of the
Don’t Let Your Divorce Become Your Identity
Stress and anxiety are unfortunate byproducts of divorce. For some, every aspect of one’s life may be negatively impacted by divorce: productivity at your job may plummet; concern about finances might keep you up at night; social interactions may be more difficult as you try to stoically act as if everything is alright; and, if
The New Exception to Washington Landlord-Tenant Relationships and Leaseback Agreements
A Leaseback Agreement or a “rentback agreement” is an agreement between a buyer and seller of a property that permits the seller to continue living in the property for a period while paying rent to the buyer. Leaseback agreements are usually short-term arrangements that provide sellers with additional time to move out of the property