Holmquist + Gardiner, PLLC

Celebrating 15 Years of Success and Community: A Look Back and Exciting Future Ahead As we wrap up our 15th anniversary year, we are filled with gratitude and excitement. It's been an incredible journey, and we are proud to celebrate all that we have done together with our team, our clients, and the community. To celebrate this milestone, we are delighted to share a special video that takes you back to the roots of our firm—why Imants Holmquist and Hamilton Gardiner, our founding partners, decided to start the firm in the first place, and how Robert Maxwell, partner, joined the team. This video captures the core values that have shaped us over the years and what sets us apart from other firms. We pride ourselves on a unique workplace culture where the well-being of our people is a top priority. From the very beginning, we’ve focused on building an environment that fosters work-life balance and encourages professional growth. Our associates are not just employees—they’re an integral part of our mission to provide exceptional service to our clients. Client retention and repeat business have been key drivers of our success, and we’re deeply grateful for the trust our clients have placed in us. https://lnkd.in/gGy395sw A Year of Connection and Growth This year, we’ve been fortunate to engage with our community in meaningful ways, including hosting four insightful webinars that sparked important conversations and shared valuable knowledge across a variety of topics: 1. Corporate Transparency Act How To and CPA 2024 Tax Update Speakers: Seth Gemar, CPA at WGN PS and Imants Holmquist, Partner at Holmquist + Gardiner, PLLC Watch recap here: https://lnkd.in/gXeDxyhF 2. Is Your Estate Plan Outdated? Here's How to Know (and Fix It!) Speakers: Kelley Duggan, Estate Planning & Probate Attorney at Holmquist + Gardiner, PLLC and Imants Holmquist, Partner at Holmquist + Gardiner, PLLC Watch recap here: https://lnkd.in/emdEVcD? 3. Navigating the Eviction Landscape: Questions for Landlords and Property Managers Speakers: Philip Neale, Associate at Holmquist + Gardiner, PLLC and Robert Maxwell, Partner at Holmquist + Gardiner, PLLC See recording here: https://lnkd.in/gcymeihv 4. Seattle and Washington State Employment Update Speakers: Aaron Rocke at Rocke Law Group, PLLC and Imants Holmquist, Partner at Holmquist + Gardiner, PLLC Recording to be posted soon. As we move forward, we are excited about the future and look forward to continuing to serve our clients and community for decades to come. We are deeply thankful for your trust and support throughout these 15 years and are looking forward to what comes next! Here's to the next chapter!

Corporate Transparency Act Reporting Requirements Again in Force with Extended Deadline; FinCEN to Amend Reporting Rule The Corporate Transparency Act (CTA) reporting requirements are back in effect following a ruling on February 18, 2025, by the U.S. District Court for the Eastern District of Texas in the case of Smith, et al. v. U.S. Department of the Treasury, et al., Case No. 6:24-cv-00336. The Financial Crimes Enforcement Network (FinCEN) has announced that companies now have an extended deadline of March 21, 2025, to report their beneficial ownership information (BOI). In light of this decision, FinCEN also announced that it will be examining opportunities for granting further reporting deadline accommodations, with a priority for those entities posing the most significant national security risks. FinCEN also announced that later this year it will be issuing a revision to the BOI reporting rule, with the aim of easing the reporting burdens on lower-risk entities, such as many small U.S. businesses. For additional details, you can view FinCEN’s official notice here:?https://lnkd.in/eeWvXkG8 This announcement highlights the need for affected businesses to remain informed and comply with the updated reporting requirements, which could affect a wide array of corporate structures. As always, we recommend that businesses consult legal counsel to navigate the changing regulatory environment and avoid potential penalties. We advise you to start getting ready to fulfill your CTA reporting requirements before the deadlines approach. If you have questions or need assistance, please don’t hesitate to reach out to us directly.

Before transferring real property, make sure you understand the key legal and tax implications. Protect your assets the right way. Contact us today. Email: [email protected] Website: www.lawhg.net Phone: (206) 438-9083 https://lnkd.in/ge-2UZ4c

Ensuring your spouse and your children’s inheritance is protected from undue influence or unscrupulous characters after your death is crucial. While the oversight of a trust protector can be daunting, appointing a co-trustee offers a balanced alternative with less burden and fewer restrictions. A well-chosen co-trustee provides just enough oversight and flexibility. Read the items for consideration when determining if one should appoint a co-trustee here: https://lnkd.in/dnjfHuGZ #Washington #LawFirm #EstatePlanning

Did you know? In Washington, adverse possession can allow someone to claim ownership of land if they’ve openly used it for 10+ years without permission. Want to understand how it works? Read our full article here: https://lnkd.in/gCXjHM8v Contact us today to explore your options. Email: [email protected] Website: www.lawhg.net Phone: (206) 438-9083 #AdversePossession #LandRights #RealEstate #Seattle #Washington

At Holmquist + Gardiner, PLLC, we specialize in delivering top-tier legal services in: ? Litigation ? Business ? Construction ? Real Estate ? Estate Planning, Administration & Probate Whether you're dealing with a business dispute, planning your estate, or navigating a real estate transaction, we’ve got you covered. Contact us today to learn how we can help with your legal challenges! Email: [email protected] Website: www.lawhg.net Phone: (206) 438-9083 #Litigation #Business #Construction #RealEstate #EstatePlanning #Seattle #HolmquistGardiner

Holmquist + Gardiner, PLLC is here to provide you with the expert legal support you need. Whether it’s business law, real estate, or personal matters, we’ve got the experience to guide you through. Experienced, innovative, and accountable—every step of the way. ?? Let us help you navigate your legal challenges. Reach out today! Email: [email protected] Website: www.lawhg.net Phone: (206) 438-9083 #Seattle #Washington #LawFirm #RealEstate #BusinessLaw #EstatePlanning #Probate

Filing Threshold Calculation Exclusion For Spousal Community Progressive Estate Tax Reform Results in Changes to Valuations for Deaths Occurring After January 1, 2025 More and more often as property values increase, married spouses are required to file a Washington estate tax return when their spouse dies. Most residents are not aware that the filing requirement applies even when no tax is due. What that means is when you die in Washington if your total gross estate including life insurance, home value (not equity), together with all other assets exceeds $2,193,000 your estate must file a Washington estate tax return. That value is easy to reach with a life insurance policy, retirement account, and a home.?? ? Good news!?House Bill 1867?changes that for estates effective January 1, 2025. The new law alters the state’s estate tax filing requirements. The bill eliminates the requirement for married individuals with a qualifying family residence, to file an estate tax return. This applies to estates where the decedent’s spouse inherits the residence and the remaining estate value, minus the residence, is less than the applicable exclusion amount. Read More: https://lnkd.in/gMFykJ7m #EstatePlanning #EstatePlanningLawyer #Seattle #Washington #LawFirm #HolmquistGardiner

Yet Another CTA FinCen BOIR Filing Update: Once again, the requirement to file a BOIR through Fincen has been delayed by court action. On?December 23, 2024, a panel of the U.S. Court of Appeals for the Fifth Circuit granted a stay of the district court’s preliminary injunction entered in the case of?Texas Top Cop Shop, Inc. v. Garland. This stay was lifted by a different court panel on December 26, 2024. According, for the moment, reporting companies are not required to file beneficial ownership information with FinCEN. To avoid being hit with fines when and if this court action results in the filings being required, filing now is the safest course of action. Links to our instructive videos and articles are here:? - https://lnkd.in/gp5_8fXe - https://lnkd.in/gDPa5FxF A link to the FinCen filing webiste is here:?https://www.fincen.gov/boi

Corporate Transparency Act (CTA) New Deadline: January 13, 2025 An appellate court ruled in favor of the federal government in reversing a nationwide injunction against the Corporate Transparency Act (CTA) which included the Beneficial Ownership Information Reporting requirements. The decision means that the CTA’s reporting requirements are now back in full effect. We recommend you make sure your Beneficial Ownership Information reports are filed by the end of the year.?Note if you are not an owner of a business entity like an LLC or Corporation, these filing requirements do not apply. In light of the appellate court ruling,?the government announced that the December 31st?deadline has been extended to January 13th, 2025 to allow additional time to comply with the reporting requirements.? More information on the extended deadlines is available at?https://www.fincen.gov/boi. Stay Informed & Prepared Our article with all the necessary links and FAQ is here: https://lnkd.in/gp5_8fXe You can find our helpful video on how to file a BOIR here: https://lnkd.in/gfDvUVEe A link to the FinCen website is here: https://www.fincen.gov/ #FinCen #CTA #Business #BusinessUpdates #LegalUpdates