Real Estate with Roots: Legal Tips for Multigenerational Property Planning [Asian Avenue]

For many families, real estate goes beyond investment, it’s about legacy. Whether it’s a home passed down through generations or a family-owned rental property, planning ahead can preserve both wealth and relationships.

Who pays for repairs? Who decides when to sell? What happens when one sibling wants out and another wants to stay?

Multigenerational ownership can be a meaningful way to preserve wealth and family history, but it also comes with legal and logistical challenges.

Read the full article in the September 2025 issue of Asian Avenue – Page 22

Author

Chuong M. Le, Managing Partner

Chuong M. Le serves as Managing Partner at 3i Law, a full-service law firm committed to delivering thoughtful and practical legal support. His work spans private client services, business and corporate law, and international transactions, with a focus on understanding each client’s unique circumstances to help craft well-rounded legal strategies. As a Vietnamese-American attorney, Chuong values cultural awareness in his practice and aims to support clients from diverse backgrounds with sensitivity and care. He advises individuals and families on legacy planning, charitable giving, and tax matters, and assists businesses through various stages of growth, including startups, mergers, acquisitions, and real estate investments. With an L.L.M. in Taxation, he contributes technical insight to complex planning efforts. Chuong strives to offer clear, accessible guidance that helps clients make informed decisions. He has been fortunate to receive recognition from the Denver Business Journal as a Most Admired CEO, 5280 Top Lawyers, and BestLawyers, though he remains focused on serving clients with integrity and respect.

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