You have probably heard that half of marriages end in divorce. But that bit of conventional wisdom isn't quite accurate, at least not anymore. The current U.S. divorce rate is somewhere between 40-50 percent. The data suggests that the divorce rate is going down in...
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Year: 2022
A community needs to accept your plan to change zoning
Maybe your organization purchased a specific property because the price was incredible, or perhaps you purchased the land initially with the intention of developing it for one kind of project but have since realized that a different project would be more profitable....
Businesses need more planning when turning fruit into alcohol
Washington has the perfect climate for growing many kinds of fruit, and agriculture remains a major contributor to the overall state economy. Wheat, apples, cherries and onions are some of the top crops in the state, and they can be a solid source of revenue. Of...
2 reasons you may want to change your business type
One of the most important early decisions you make when starting a business relates to the form of the business or its legal type. There are numerous different business entities, from nonprofit corporations to sole proprietorships. Each offers certain benefits to...
What should I know about taxes before I finalize my divorce?
Those who are going through a divorce need to split all marital assets. This can require valuation of business interests and real estate as well as drafting specific paperwork to ensure the financial entity holding the retirement assets transfers the assets to the...
4 things prospective commercial real estate investors must avoid
After careful consideration, you decide to pursue a new way to diversify your assets. You want to invest in commercial real estate. Although you are an experienced investor, you are a novice when it comes to investing in commercial properties such as office buildings,...
What do business owners need to know about EPA regulations and compliance?
The Environmental Protection Agency (EPA) develops and enforces environmental regulations. Business owners are likely familiar with some of the more common regulations, like the Clean Air Act, Clean Water Act, and Endangered Species Act. Other examples include the...
How will the IRA affect the agriculture industry?
Earlier this month, federal lawmakers passed the Inflation Reduction Act (IRA) into law. This new law addresses many issues relating to inflation and climate actions – as well as many efforts to support the agriculture industry. So, what are the critical elements of...
Will you have to sell your house after divorce?
A house may offer a couple many things: a consistent and stable home, a place for their family to grow or an investment in their future. Unfortunately, if that couple’s marriage ends in divorce, they may wonder whether they will have to leave the place they have come...
Can vague language hurt a business contract?
Whether at the drafting stage, reviewing a document before signing it or facing courtroom litigation regarding a breach, the strength of a contract is crucial. Many businesses understand that a contract forms the backbone of any vendor relationship, employee agreement...