Obtaining A Power Of Attorney For Elderly Parents

Posted by Karl Chen | Mar 10, 2023 | 0 Comments

This article discusses the importance of a power of attorney (POA) for elderly parents, which allows someone to make crucial decisions on their behalf when they are unable to do so. The article provides an overview of the different types of POAs, the common reasons for obtaining one, and tips on how to choose a reliable agent. The ultimate goal is to ensure that aging parents receive the best possible care and support, and the article encourages open and honest discussions and seeking objective advice.

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Posted by Karl Chen | Oct 22, 2022 | 0 Comments

You've most likely dedicated significant time and energy to creating a vision for your business, executing that vision, and even writing up a detailed business plan for the growth of your business. Yet far fewer business owners put the same effort into planning for their company's continued succe...

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Posted by Karl Chen | Oct 17, 2022 | 0 Comments

This year,  Estate Planning Awareness Week runs from October 17th to 23rd, and one of our primary goals is to educate you on the vital importance of not only preparing an estate plan, but also keeping your plan up-to-date. While you almost surely understand the importance of creating an estate pl...

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5 Tips From A Lawyer For Keeping Your LLC Compliant

Posted by Karl Chen | Apr 04, 2022 | 0 Comments

Many entrepreneurs structure their business as a limited liability company (LLC), because like corporations, LLCs offer personal liability protection for their owners. But unlike corporations, LLCs are not legally required to adhere to many of the same corporate formalities required of corporatio...

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7 Last-Minute Moves To Save On Your Taxes For 2021

Posted by Karl Chen | Mar 25, 2022 | 0 Comments

Although many strategies to save on your income taxes must be locked in before the end of the year, there are still numerous ways you can reduce your tax bill right up until the filing deadline, which has been pushed back to Monday April 18th due to a holiday on April 15th.

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Probate: What It Is & How To Avoid It—Part 1

Posted by Karl Chen | Mar 14, 2022 | 0 Comments

Unless you've created a proper estate plan, when you die many of your assets must first pass through the court process known as probate before those assets can be distributed to your heirs. Like most court proceedings, probate can be time-consuming, costly, and open to the public, and because of ...

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7 Tips For Creating A Winning Business Plan

Posted by Karl Chen | Jan 25, 2022 | 0 Comments

Far too many aspiring entrepreneurs jumpstart their businesses without taking the time to properly plan. Just as a builder uses a blueprint to ensure a new construction project will be structurally sound, a carefully researched and well-thought-out business plan allows you to determine whether yo...

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The Advantages of Launching Your LLC in the New Year

Posted by Karl Chen | Dec 10, 2021 | 0 Comments

You may be wondering why so many business owners choose January 1 as the start date for their company. Surely, it's not because everyone has the same New Year's resolution, right? The fact is, there are a number of distinct advantages to launching your Limited Liability Company (LLC) at the beg...

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How Estate Planning Can Bring Blended Families Closer

Posted by Karl Chen | Dec 07, 2021 | 0 Comments

Yours, mine and ours … in today's modern family, it's oh so common. The blended family is the product of 2nd (or more) marriages, in which one or more of the parties comes with children from a prior marriage. And then, they may even go on to have children together. If you have or are part of a b...

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At CHEN Law, we are focus on representing and assisting you with your Estate Planning and Business Law matters. We are here to help you avoid conflict and navigate the legal system.

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CHEN Law is committed to answering your questions about Estate Planning, Probate Matters and Business Law issues in Prince George's County, Anne Arundel County, Montgomery County and Charles County.

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