What the Heck is Probate?

Being an attorney, it is surprising to me when someone asks what a probate matter is. However, taking a step back and thinking about it, it makes sense that most people do not know what it is. Most would not have to deal with the probate process until later on in their life; and even then, it usually occurs during a stressful time that they might not remember the legal term for what is happening. To give a brief overview, probate is the legal process in which a Court oversees the disbursement and resolution of a deceased person's financial and personal affairs. Simply put, when someone dies, ...
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Will, Trust, and Probate Disputes-TEDRA Rules Them All

Many people often wonder, "what am I supposed to do if I think a trustee and/or a personal representative is inappropriately handling a trust and/or estate?"  Well, in 1999 the Washington legislature endeavored to provide an answer to that exact questions.  Their response was to introduce RCW 11.96a, which is more commonly referred to as TEDRA.  TEDRA is an acronym that stands for the Trust and Estate Dispute Resolution Act, and its purpose was to provide a simplified and streamlined the litigation method for trust and estate disputes. In the state of Washington, TEDRA is utilized for most an...
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Start Up | Lawyer Up – What Is A Sole Proprietorship? (And Is It Worth It?)

Today's episode of Start Up | Lawyer Up is the first in a series of videos that we will be posting discussing the major different entity types you can choose from in forming a business (sole proprietorship, partnership, limited liability company, and corporation).  In our first video, we are discussing Sole Proprietorship and the benefits and detriments to utilizing this form of a business.  We hope that you enjoy the video! If you have any legal needs for your business or estate planning, please do not hesitate to contact Nowakowski Legal PLLC to schedule a free consultation. Thank you ...
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Start Up | Lawyer Up – What to Do Before Forming a Business

Nowakowski Legal PLLC is proud to present the first in our new series of YouTube videos titled "Start Up | Lawyer Up."  Every few weeks, we will be posting a new video discussing a different business law topic that many entrepreneurs face with their new or established businesses.  This first episode discussed several items new entrepreneurs should take in to consideration before they actually create their business; the perfect companion to this video is the Business Start Up Guide available on the home page of Nowakowski Legal PLLC. While these videos are intended to be a helpful resource f...
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The Difference Between Having a Will, a Trust and Nothing at All

Estate planning is never something that anybody looks forward to.  However, it is important that we all take in to consideration what will occur with our assets upon our passing.  Otherwise, there is a good chance that our loved ones will be left with the confusing task of dealing with the probate system, trying to determine who gets what, and potentially being forced to rely upon statutory rules as to the dispersal of your estate. Unless you are comfortable with simply allowing the State to direct how your assets are split up upon your death, it is a good idea to speak with an attorney as to...
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Happy New Years!

From all of us at Nowakowski Legal PLLC, we hope you have a happy and prosperous 2017! Should you have any legal needs in to the New Year, do not hesitate to contact us for your business law, estate planning, or general legal practice needs! Contact Nowakowski Legal PLLC if you wish to set up a free consultation!    
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Merry Christmas and Happy Holidays!

From our family to yours, Merry Christmas and Happy Holidays! If you or your family has any business law or estate planning legal issues in the upcoming new year, please be sure to contact Nowakowski Legal PLLC; we are happy to provide a free consultation to see how we can best assist you. Contact Us! Merry Christmas and Happy Holidays!
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IP Assignment and Licensing

While speaking with a colleague of mine a few weeks ago, he asked me if I knew how to assign a patent from his name in to his company.  In going over the details with him, he explained that he had originally patented his product in his own name, then later created his company, and is now seeking a way to acquire investors for his (patented) product.  The obvious problem is that so long as the patented product is registered in his name and not his company's, his company does not itself hold any rights to the patent and is therefore devoid of any value relating to the patent. In order to entice ...
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Investment Agreement: Debt vs. Equity

After months of attending events, throwing out pitches, and courting potential champions, you've finally found an investor interested in helping you to elevate your start-up or growing business to the next level.  Your satisfied with the amount of money that they are offering, but what do they want in return?  As an attorney, I always tell my clients to understand the contract before you sign your company's name to it.  At the very least, you should personally read through the contract to acquire a general understanding of the terms and conditions; more advisable, hire an attorney to review th...
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