by Lee Chen | Dec 11, 2019 | Asset Protection, Law, Real Estate, Small Business, Tax Planning
Lee Chen, Esq. On October 2, 2019, California enacted the AB 1482, representing the most comprehensive reform of California landlord-tenant laws in decades. The law, which essentially imposes “rent control” provisions for certain rentals in California, officially...
by Lee Chen | Sep 3, 2019 | Business planning, IRS, Law, Tax Planning
Many view the IRS as an agency shrouded in mystery. The IRS is generally perceived as the omnipotent “big brother” that we should all fear. It is true that the IRS does have the ability to unilaterally impose liens, or garnish wages or levy on assets, whereas almost...
by Lee Chen | Oct 26, 2018 | Asset Protection, Business planning, Law, Litigation
In an ideal world, this article would not need to be written. However, any investor is bound to experience a situation where they will lose money on a deal. We all know that, for the most part, investing in the stock market involves the risk that investments will drop...
by Lee Chen | Dec 13, 2017 | Asset Protection, Business planning
People who have read Mark Kohler’s Lawyers are Liars know that our philosophy with respect to asset protection is the “multiple barrier approaches” to put as many barriers as you can between you and someone who would sue you. For owners of real estate, one of primary...
by Lee Chen | Oct 17, 2017 | Business planning, Estate Planning, Uncategorized
Estate planning is something most know they should do, but most American adults simply haven’t gotten it done. In a survey available from AARP, 60% of American adults do not have an estate plan. The number gets even higher for some minority populations. In most...