by Lee Chen | May 31, 2016 | Estate Planning, Law
Anyone with a basic understanding of estate planning knows that one of the primary benefits of having a living trust is to avoid probate. Nevertheless, unless you are an attorney or have been personally involved in a probate proceeding in the past, few people have an...
by Lee Chen | May 10, 2016 | Business planning, Real Estate
We are frequently asked by clients whether their plans to buy and sell real estate will subject them to status as a “dealer” in real estate, and therefore subject their profits to ordinary income treatment and self-employment tax. In general, the sale of real estate...
by Lee Chen | Apr 26, 2016 | Asset Protection, Litigation
For many people, filing a lawsuit is tantamount to hitting your opposing party with the nuclear option. Nevertheless, if the potential for litigation does arise, in most cases, your options will be to either litigate, settle, or walk away. In most cases, trying to...
by Lee Chen | Apr 5, 2016 | Asset Protection, Business planning, Real Estate
We are frequently called upon by clients to assist them with reviewing their real estate purchase transactions to ensure that their interests are adequately protected. While every real estate purchase transaction is different, there are due diligence items that are...
by Lee Chen | Mar 14, 2016 | Asset Protection, Business planning, Law, Small Business
You lease agreement can be your best protection against a lawsuit or liability on your rental property. It can also mean the different between collecting from your tenant or from paying your tenant. The goal in having a strong rental agreement is to make it as easy...
