William S. Friedman Counsel

A primer on the special estate planning considerations for clients who are authors or hold intellectual property rights and service agreements.

A power of attorney for use by an individual residing in Washington to authorize a third party to manage the individual's property and financial matters. This Standard Document has integrated notes and drafting tips.

Although the economy has faltered during this COVID-19 pandemic, wealth transfer continues to grow. This article outlines a few of the estate planning techniques to make the best out of these trying times.

The Washington Department of Revenue (DOR) on May 28, 2020, published a Special Notice advising that, beginning June 1, 2020, in determining a decedent’s taxable estate for Washington estate tax purposes, the DOR will treat a business entity holding real property as an intangible asset regardless of whether the business entity served a true business purpose.

Between March 17 and April 9, 2020, the U.S. Department of Treasury and the IRS issued a series of notices automatically extending to July 15 the deadline for the filing of all federal income and gift tax returns and all federal estate tax returns due on or after April 1, payment of all federal income, gift, and generation-skipping transfer (GST) tax in respect of the 2019 taxable year, and payment of all federal estate tax and estimated federal income tax for the 2020 taxable year otherwise due on or after April 1, 2020, and before July 15, 2020.