Summit Law Blog

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".

As Attorney General, Bob Ferguson successfully led efforts to create an Artificial Intelligence Task Force. Artificial intelligence could be one of the first issues Bob Ferguson addresses as governor, with the Task Force scheduled to release its preliminary report just a few weeks before he is sworn in.

There are specific takeaways that in-house counsel should consider as they make policy decisions about incorporating genAI tools into their respective practices.

Washington has recently passed a law simplifying the lease execution process for landlords and tenants of commercial property.

On May 8-10, 2024, members of Summit Law Group’s Labor and Employment team attended and presented at another successful Labor Relations Institute (“LRI”) in Yakima, WA, organized by the Association of Washington Cities (“AWC”).

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