Wealth & Estate Planning / 06.27.2019

KJK Partner Kevin Lenhard Featured in Cleveland Jewish News Article: “Complexities lie in leaving assets to children”

By Becky Raspe, Cleveland Jewish News

Kevin LenhardWhen one is preparing their estate plan, it’s common for some of those assets to pass to children.

“Adults who receive assets outright from a bequest or inheritance generally have full control and enjoyment over the assets once received,” KJK Wealth & Estate Planning partner Kevin Lenhard said. “Minors, on the other hand, may be the ultimate recipient of the assets, but there is usually a guardian or custodian assigned to manage the assets until the minor becomes an adult.”

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