When planning your estate in Washington State, one of the most common questions is whether to use a Revocable Living Trust (RLT) or a Will. Most are curious because of the horrors they hear or the experience they’ve had with the probate process. In Washington, both are efficient and effective estate planning tools, but they […]
The legal landscape for family investment vehicles in Washington shifted dramatically after the Antio LLC v. Department of Revenue decision of the Washington Supreme Court. In Antio the taxpayers were a group of investment funds organized as limited liability companies. These funds acquired investors through private offerings and invested in debt instruments. The LLCs themselves […]
Overview of The Spousal Residence Exclusion Washington state recently enacted some changes that may impact married couples and registered domestic partners. Under the new Spousal Personal Residence Exclusion, when a spouse/partner passes away on or after January 1, 2025, the decedent’s share of the family home in some situations will not count when determining whether […]
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