Imagine buying a piece of property and starting renovations. Things are going well until your neighbor serves with you with a cease-and-desist order. Apparently, your renovations have spilled over onto his property. However, according to the survey you had performed...
Trusted Counsel From A Tax Strategist Who Grew Up In Gig Harbor
Gig Harbor Estate Planning And Probate Law Blog
3 facts to know about using a special needs trust
A special needs trust makes sure your child with special needs has what he or she needs in the future in the event that you can no longer be there to provide or care for your son or daughter. The trust may also be created to give another person control over your...
The basics of appealing an IRS action
You just finished a grueling audit that seemed to go on for months. As of yet, the IRS has not notified you of an adjusted tax liability, but you want to be prepared in case it happens. Knowing what to expect will help you prepare for the meeting with the agent. As...
Creating a trust in your 30s: Learn about the types first
Once you reach your 30s, it's safe to assume that you have a better idea of what you want to accomplish in the future. By now, you may even own a home and have a child (or several children). With all this in mind, it's important to create an estate plan that can give...
How to resolve a property boundary dispute
No matter who you are or what part of Washington you live in, there's a good chance that you share a property boundary with at least one other person. While most people have no problem with this, it's not uncommon to run into trouble every now and again. If you are...
Small business owners must prepare for the inevitable
Your family has come to enjoy the finer things in life, and that is all thanks to your hard work. You have built your company from the ground up and now you are getting to enjoy doing the things you have always wanted to do. Even though things seem great right now,...
What to do if the IRS claims you owe 14 trillion in taxes like this Brit
This past year, a British man named Giles Hembrough was contacted by the HMRC (Britain's tax collection agency) with a notice that he owed over 14 trillion pounds in taxes. To put that number in perspective, it's enough money to buy 93 million Lamborghini cars or 46...
Trading your space, services or stuff for cash? Beware taxes
The sharing economy is not a new concept. People have always rented out spare rooms, loaned their cars to other people and engaged in other types of "sharing" in exchange for money. Improved technology, though, provides platforms for consumers to loan money, borrow...
Property dispute with your neighbor? Here’s what NOT to do…
Individual land ownership is at the heart of a free economy. However, it's not always easy to figure out where property lines lie. Even the most advanced surveying equipment or detailed parcel descriptions can leave room for doubt. These gray areas sometimes lead to...
Estate planning for blended families
Planning for the future through an estate plan is a foundational part of providing for your loved ones - and securing your own peace of mind. Estate planning is especially important for those with blended families. If you or your spouse have prior marriages (or...