Beginning January 1, 2025, certain estates can avoid filing a Washington state estate tax return if the deceased person had a surviving spouse and a “qualifying family residence.” Return Filing Threshold; HB 1867 In general, when a Washington resident (or…
Read MoreYou’ve gone through all the hoops of litigation: 1) you sent your initial demand letter hoping to settle the matter prior to any litigation; 2) the defendant failed to respond so you started a lawsuit; 3) you conducted expensive discovery…
Read MoreThe IRS recently issued Revenue Procedure 2024-40 announcing increases to the federal estate and gift tax exemption and the gift tax annual exclusion for the 2025 tax year, among numerous adjustments to other tax provisions. The 2025 tax law changes…
Read MoreBig changes to federal estate taxes could be ahead if Kamala Harris wins the presidential election in November, and the Democratic party holds the Senate and takes the House. Harris’s campaign recently endorsed the estate tax reforms in S. 4824,…
Read MoreWashington’s Paid Sick Leave law requires employers to provide non-exempt employees with paid sick leave for certain legally protected reasons, including (1) the employee’s personal medical care; (2) to care for a family member with a mental or physical illness,…
Read MoreThe Federal Trade Commission (“FTC”) recently published final regulations (the “Rule”) that would ban most non-compete agreements nationwide. The FTC explained that the Rule is designed to encourage fair competition, improve the economy, and reduce legal uncertainty regarding the enforceability…
Read MoreAlthough you may believe your estate plan should be simple, there are a number of issues that can arise if your estate planning documents are not drafted correctly. Many of those issues are difficult and costly to resolve following your…
Read MoreSeattle’s new regulations limiting a landlord’s ability to require certain financial obligations of commercial tenants operating in the City of Seattle have been codified in Chapter 6.104 of the Seattle Municipal Code (SMC). In short, the new regulations establish limits…
Read MoreWhat Landlords Need to Know About This Recent Appellate Court Ruling CARES Act The Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”) was enacted to provide economic relief during and after the COVID-19 pandemic. CARES Act covered properties include…
Read MoreOn April 23, 2024, the Federal Trade Commission (“FTC”) voted 3-2 to approve final regulations (“Rule”) that would ban most non-compete agreements nationwide. Non-compete agreements bar a company’s workers from taking jobs with competitors or starting new competing businesses after…
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