April 18, 2013 Leave a Comment
By JENNIFER JACKSON, Attorney at Law The Washington Department of Revenue imposes excise tax on each sale of real estate. See RCW 82.45.060. The term “sale” includes the transfer of a controlling interest in any entity with an interest in real property located in Washington for valuable consideration. See RCW 83.45.010(2). The transfer or acquisition [...]
April 18, 2013 Leave a Comment
By JENNIFER JACKSON, Attorney at Law A Washington resident who files for bankruptcy has the option of choosing state or federal exemptions to protect his or her property. Exemptions are statutory protections that allow a person to retain sufficient necessities to be a productive member of society after obtaining his or her bankruptcy discharge. Under [...]
April 18, 2013 Leave a Comment
By AARON DUNHAM, Legal Intern Families may be structured differently, giving rise to different relationships. For example, children can be related to a parent by blood, adoption, or marriage (a step-child). While the relationship between parents and children may vary by name, a parent may still wish to treat their natural, adopted, and step-children in [...]
April 18, 2013 Leave a Comment
By JASON JOHNSON, Legal Intern A deed of trust is a security instrument whereby legal title to real estate is transferred to a trustee, who holds title as security for a loan (debt) between a borrower and lender. The borrower is referred to as the grantor and the lender is referred to as the beneficiary. [...]
By JENNIFER JACKSON, Attorney at Law The Washington Department of Revenue imposes excise tax on each sale of real estate. See RCW 82.45.060. The term “sale” includes the transfer of a controlling interest in any entity with an interest in real property located in Washington for valuable consideration. See RCW 83.45.010(2). The transfer or acquisition [...]
