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Revocable Living Trust RLT

What will happen to your loved ones, your beneficiaries, when you have passed away? How will they manage their inheritance? Often times, leaving behind a large sum of money to someone without money management skills can be disastrous. A revocable living trust will afford you the ability to make things easier on your survivors, including [..]

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What Is An Independent Contractor?

We often hear business owners, especially small businesses, ask “what is an independent contractor?” This is an excellent question as it can have far-reaching tax implications. A wrong classification can lead to rather severe tax penalties. One thing to remember is that

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What Is Estate Planning?

Many people have questions when it comes to estate planning. The most important of these happens to be the most straight forward: what IS estate planning and is it a must? Individuals who are considering beginning the estate planning process typically have several questions including: What’s the reason for preparing a will or trust? Is a living trust necessary? What [..]

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Property owners have ways to protect their assets and themselves

As the recent recession ended and a new real estate growth period started, many real estate purchases in recent years were investor or second-home buyer purchases — an indicator of the growing popularity of real estate investing as a wealth-building strategy. Understanding the basic principles of asset protection — tools and techniques used to legally [..]

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LLC – A Sound Choice For My Business?

Washington State offers different types of structures to consider when starting a business. The risk of not having a business structure in place can be devastating causing unnecessary hardship if the business takes a while to get on its feet. An LLC, or Limited Liability Corporation, is the best choice for some small businesses. This [..]

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