Latest in Law

Nontraditional Methods of Buying and Selling Real Estate

What was old has now become new again.  In the late 1970s through the mid-1980s, interest rates for the purchase of residential real property were volatile and reached numbers unthinkable today.  In 1980, home loan rates fluctuated from the low of 11% to a high of 21%.[1]  Yes, 21% interest on a home purchase!  Buying […]

What is a Revocable Living Trust?

A valid trust generally requires a written instrument, property, a trustee, and at least one beneficiary. A trust is a fiduciary relationship with respect to property where a trustee holds legal title to the trust property for the benefit of others. A revocable living trust is a specific type of trust where the individual establishing […]

Do I need a Durable Power of Attorney for Health Care Decisions?

Getting older and emergency personal health care are difficult topics to think about and discuss. Unfortunately, we do get older and require medical attention. We also have accidents (sometimes serious accidents) where we need help making health care decisions. If this should happen, it is helpful to have someone you know and trust to make […]

The Importance of Maintaining Corporate Records

Maintaining a corporate entity requires a good deal more than filing articles of incorporation with the Secretary of State. The limited liability protection of the corporate form can be threatened by improper recordkeeping practices. See, e.g., Grayson v. Nordic Const. Co., Inc., 92 Wn.2d 548, 553, 599 P.2d 1271, 1274 (1979). In order to enjoy […]

Tips for First-Time Residential Landlords

If you are thinking about renting your home or other residential property, there are many legal issues you should consider before you rent your property or advertise your property for rent. Under Washington Law, residential tenancies are governed by the Residential Landlord Tenant Act (RLTA), RCW 59.18 et. seq. This statute imposes many specific duties on […]