The term “grey divorce” refers to the societal trend among people who are age 50 and older that has seen an increase in the divorce rate of older couples who have been married for a long time. Grey divorces are now estimated to account for 25% of all divorces, and the...
Content By Kevin J. Lenhard
KJK Client Alert: How the SECURE Act Will Change Retirement
In a rare showing of bipartisan cooperation in Washington, D.C., there is general agreement on both sides of the aisle that people need to be saving for retirement. On May 23, 2019, the House of Representatives passed the Setting Every Community Up for...
Traveling This Summer? Make Sure Your Estate Plan Is in Order First
Vacation season is upon us, and in addition to picking out the ideal summer getaway for you and your family, booking flights and hotel rooms and buying that new swimsuit, it’s a good time to make sure your estate plan is in order before you hit the road. As you know,...
Stacking Up the Benefits of Sec. 1202 – Qualified Small Business Stock (QSBS)
We are now more than 18 months into the Jobs Act and given the nature of the pro-business tax environment today, it’s time for practitioners to dust off their Internal Revenue Code books and take a fresh look at IRC Sec. 1202. There may be significant benefits...
Changes to the Estate Tax Becoming a Focus for the 2020 Election
Now that the calendar has flipped to 2019, the political winds are starting to blow – further adding to the chill of the frigid temperatures felt by much of the country during the recent Polar Vortex. Democratic challengers are rolling out progressive tax ideas...