To Sign or Not to Sign (That Severance Agreement)? That is the Question

Posted on August 17, 2018 by Shannon L. Trivett

Although Washington employers are generally not required to provide severance pay to a terminated employee (except if promised in an employee handbook or employment contract), many employers still offer severance as a gesture of good will. There are any several factors, however, that should be considered when deciding whether to sign a severance agreement. An Read more >

Don’t Let Your Former Employer “Blacklist” You

Posted on May 31, 2018 by Shannon L. Trivett

The Washington Law Against Discrimination makes it unlawful for an employer to “discharge, expel, or otherwise discriminate” against a job applicant or employee on the basis of that person’s protected characteristic such as race, age, or sex. Likewise, the WLAD also makes it unlawful for an employer to do the same because he or she Read more >

Recycle Your Old Cell Phones to Save the Gorillas!

Posted on April 2, 2018 by Lasher Holzapfel Sperry & Eberson

It’s time for spring cleaning! We’re excited to officially be partnering with ECO-CELL, a company which reimburses organizations for collecting useful handheld electronics, batteries, and accessories and keeps them out of landfills. This helps reduce the demand for Coltan, an ore used in phones and other electronic devices. Coltan is mined primarily in the Republic Read more >

Favorable Tax Treatment Made Permanent (Qualified Small Business Stock)

Posted on March 7, 2018 by Andrew Goodrich

Current IRS rules that provide tax breaks on gains of sales of qualified small business stock (QSBS) have been made permanent. More specifically, a taxpayer may be able to exclude from personal income tax up to 100% of any gain realized on the sale or exchange of QSBS held for more than five years (subject Read more >

The Disappearing Maintenance Benefit

Posted on February 19, 2018 by Miriam Gordon

In a divorce, there are generally three types of payments that can be made between the divorcing parties. The first is considered an equalizing property transfer payment. For example, if, after the allocation of all real property, bank accounts, retirement accounts, and investment accounts, there is a disparate value between the parties, one party usually Read more >

Complexity for Employers in New Washington State Sick Leave Law

Posted on February 15, 2018 by Andrew Goodrich

Beginning on January 1, 2018, all employers in the State of Washington are required to provide paid sick leave to certain employees. This new law implements Initiative 1433, passed by Washington voters in 2016. While employers may be compliant in theory, the new law and regulations include a number of requirements and obligations that employers Read more >

Estate Planning Alert: New Tax Law Doubles the Federal Estate Tax Exemption Amount … For Now

Posted on January 29, 2018 by Lasher Holzapfel Sperry & Eberson

The Tax Cuts and Jobs Act, signed into law by President Trump on December 22, 2017, is the most significant U.S. tax reform to be enacted in over thirty years. One of its many components is the near doubling of the federal estate, gift, and generation-skipping transfer-tax exemption amount applicable to individuals. The Act raised Read more >

DIY Divorce? Why Hiring an Attorney Might End Up Saving You in the Long-Run

Posted on November 21, 2017 by Miriam Gordon

In today’s online world, more people are turning to the internet as a way to save money and find a do-it-yourself solution. You can watch YouTube videos explaining how to repair items around your house, do your own taxes through programs like TurboTax, and now there are online programs to walk you through the divorce Read more >

Real Estate Excise Tax Developments

Posted on October 13, 2017 by Andrew Goodrich

Several recently released cases from the Washington Department of Revenue Administrative Review and Hearings Division provide a good reminder about the reach of the department to collect real estate excise tax (REET) on the transfer of real property. In the first case (Det. No. 16-0350), the petitioner limited liability company transferred a controlling interest in Read more >

Tangible Personal Property: Planning for the “Small Stuff” in Your Will

Posted on September 25, 2017 by Lasher Holzapfel Sperry & Eberson

Heirs battling over seemingly “small” personal property items after a loved one has died is a heartbreaking yet familiar scenario in the probate world. While such disputes might seem petty to outsiders, the issue of who gets mom’s favorite purse, dad’s music collection, or even grandmother’s little blue ceramic bowl is often a deeply personal process that can Read more >