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Latest News

'Family bank' shown to hurt plans to retire

Many who provide money to relatives say they don't factor that into expenses
December 5, 2013
Staff Report
During the last five years, roughly three out of five Americans age 50 and older have provided financial assistance to members of their family, including adult children, parents, grandchildren, siblings, or other relatives, says a Merrill Lynch study rele
Read More
–Staff photo by Mike McLean

Incapacitation strategy said to be key to wealth management

Power of attorney, asset transfer useful to qualify for Medicaid assistance
December 5, 2013
Mike McLean
An incapacitation plan can help protect family assets if one spouse loses the ability to make financial and health-care decisions due to conditions such as Alzheimer's disease or severe stroke, which are among the top causes of disability for older people
Read More
–Staff photo by Katie Ross

Preparing wills still not high priority for many, experts here say here say

Contributing influences include youth culture, procrastination
December 5, 2013
Katie Ross
Planning for death is still proving to be a challenge for many adults across the nation and here in Spokane, say elder law and estate planning attorney Lynn St. Louis and financial planner Paul Viren. St. Louis and Viren both say they see many adults pro
Read More

Wheel Sport plans second South Hill shop

Sterling Square store will be largest outlet in home-grown chain
December 5, 2013
Mike McLean
Wheel Sport Inc., the Spokane-based bicycle sales and service chain, has leased 7,700 square feet of floor space in the Sterling Square retail center on the South Hill, where it plans to open its fourth and largest shop, says Mic Woodruff, Wheel Sport's g
Read More

New owner now operating car wash on Monroe Street

Fresh paint, upgraded lighting, security cameras among upgrades at site
December 5, 2013
Mike McLean
K&J Properties C LLC, of Medical Lake, has bought the property and other assets of the former Bob-O-Lyn Car Wash, at 3121 N. Monroe, and the facility has been improved and renamed Monroe Street Power Wash., says John Hilzendeger, a principal in K&J. Monr
Read More

Small Business Watch

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December 5, 2013
Staff Report

Don't let big terminal get derailed

-
December 5, 2013
Guest Commentary
Recently, I sat down with members of Greater Spokane Incorporated, the Spokane City Council, the Legislature, and local labor organizations to talk about two things that we all agree are important to Spokane: jobs and agriculture. The reason I visited
Read More

Lemon Ice women's clothing store debuts in Spokane Valley

–
December 5, 2013
Staff Report
A Salt Lake City-based apparel retailer has opened its first store in a new division of women's fashion outlets, named Lemon Ice, in the bottom level of the Spokane Valley Mall, near the Sears store there. The parent company, DownEast, which also operat
Read More

Online children's boutique acquires downtown building

Kids clothes retailer envisions first store at warehouse site
December 5, 2013
Mike McLean
Spokane wife-and-husband business team Chi and Trevor Walters, who operate online children's boutique One Good Thread LLC, have bought a 5,400-square-foot building at 806 W. Third and have moved their business there. Chi Walters says One Good Thread curr
Read More

Francis Avenue bridge partially open as work continues

North Spokane Corridor phase set to be finished in full by next summer
December 5, 2013
Katie Ross
The new Francis Avenue bridge is now open to through traffic, says Darrell McCallum, the Washington State Department of Transportation project engineer for the development. The state opened one westbound lane and one eastbound lane on Nov. 16, McCallum
Read More
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