A number of cases address when a gift of an LLC interest is really a gift of an underlying asset owned by the LLC. Two of these cases were decided right here in Federal District Court in Washington: Heckerman v. U.S., U.S. Dist. Ct., W.D. Washington, Cause No. C08-0211-JCC (July 27, 2009) and Linton v.… Continue Reading
Author Archives: John
Chilifest
Time for CHILIFEST! Be sure to stop by Evergreen Washelli in Bothell tonight between 5:30 – 7:30 pm to eat and vote for your favorite chili! Ours of course. The event is free to attend, but every $1 or nonperishable food item people donate will get them one vote for “People’s Choice.” All proceeds benefit… Continue Reading
Asset Protection?
One thing I see frequently with business clients is that many overlook basic recordkeeping tasks. Often there are no annual meeting minutes, no consents to corporate actions, no stock certificates and no other way to know who has an ownership interest; and sometimes I find clients haven’t even kept their licensing updated and the company… Continue Reading
New Video!
Own your own business? Want to sell it someday? Check out John’s latest interview on Brashenomics for more information.
Role of the Executor
The role of the executor is to administer a person’s estate according to the Will. In Washington State any person age eighteen or over may act as an executor. The executor, also called a personal representative, is generally named in a person’s Will and is often a surviving spouse or other family member. In certain… Continue Reading