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.
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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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Officially Open For Business
Well, technically yesterday was the first day that Nowakowski Legal PLLC was officially open for business, but it turns out that getting set up in an office is much more time consuming than one might think. Yesterday was all about getting organized and situated in our new location (500 Yale Ave. N. Suite 100 Seattle WA 98109) and now we can start putting the focus on acquiring and serving our clients! So if you (or anyone you know) have any legal issues surrounding business law, estate planning, or just a general legal question, contact Nowakowski Legal PLLC today for a free consultation.
N...
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Happy Thanksgiving From Nowakowski Legal PLLC
This Thanksgiving, we are grateful to everyone that has helped Nowakowski Legal PLLC to become a reality. In just a few short days, Nowakowski Legal PLLC will be officially opening its doors. If you or anyone you know needs legal assistance with their business, estate planning, or just in general, please be sure to direct them to our office.
Thank you all again and have a very Happy Thanksgiving!
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A (Not So) “Crummey” Trust
Your young, your a professional, and your beginning to make the kind of money that can not only support your family, but potentially provide them with security for years to come. Not many people want to think about it, but now would be a fantastic time to start developing an estate plan. The longer you wait to start planning for your estate, the larger the portion of your life's accumulation that will end up going toward taxes, creditors, or other unwanted individuals upon your death. On the other hand, taking advantage of certain allowances in the law and planning for your estate earlier in...
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This Halloween, Set Up a (Candy) Trust for Your Kids
All of us here at Nowakowski Legal PLLC want to wish you and your family both a fun and safe Halloween weekend. But what do you do once the kids are home safe from their ghoulish escapades of trick or treating? Assuming their Halloween is anything like ours was growing up, they likely accumulated a mountain of candy bars, gum balls, and other delicious sugary treats. Well, we here at Nowakowski Legal PLLC have a suggestion to take the basic tenets of a trust and apply it to your children's newly acquired wealth (i.e. their candy assets).
The Following Halloween Themed Trust Example is Part...
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Welcome to Nowakowski Legal PLLC
Nowakowski Legal PLLC is a Seattle based law office offering affordable legal assistance to both young and established business professionals throughout the country. Our law office specializes in helping you, our potential client, in achieving both your personal and professional goals. Here at Nowakowski Legal PLLC, we have created two main categories of services. This is designed to help us simplify our offerings to you so we may more easily help you reach your goals, whatever they may be. Our Business Law Offerings information can be found here and our Personal Law Offerings can be found ...
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