Summit Law Blog

Washington business owners are increasingly being advised by their CPAs to move LLCs out of state for tax planning purposes. If you're considering this step, here are some legal compliance considerations and a general roadmap for the process.

As a commercial tenant, you are held to a higher standard than a residential tenant – there are minimal statutory protections, and the legal policy landscape presumes you are sophisticated, capable of reading and understanding the lease agreement, and represented by competent counsel. The following is a list of items to keep in mind as you are negotiating your Lease.

In this blog post, we discuss five issues you'll want to figure out before moving forward with the sale of your closely-held business. Deciding to sell your company is a major transition, and while the prospect of a successful exit is exciting, it's important to approach the process with a clear strategy and defensible positions. 

You can easily form your own LLC with Washington State, without the need to pay a third-party service.

Transferring a rental property into an LLC can be a smart asset protection and estate planning move, but it is not without its challenges. In this blog post, we will explore the pros and cons of transferring a rental property into an LLC to help you decide whether an LLC would be right for your rental business. 

Operating a business through a legal entity such as a corporation or limited liability company ("LLC") generally shields the company's owners from the business' liabilities by way of a "corporate veil".

The Corporate Transparency Act (“CTA”) took effect on January 1, 2024.