For so many of us, pets are part of the family. Everywhere you go, you likely notice that people bring their dogs along these days; and many pets, such as birds and tortoises, have long life spans. So, you might worry about what will happen to your beloved fur baby...
Estate, Wealth & Succession Planning
Frequently Asked Questions About Inheritance and Adoption
As an Estate, Wealth & Succession Planning attorney, I often assist individuals with a variety of matters ranging from basic estate plans to more complex business succession arrangements. Frequently, when assisting families with estate planning or asset...
Protecting Your Retirement Savings From a Market Crash
Markets have been unstable for months, causing investors to be on edge – with good reason. Already this year, the stock market has fallen and wiped out more than $3 trillion in retirement savings. Alicia Munnell, director of the Center for Retirement Research at...
The Growth of Cryptocurrency Charitable Donations
Capital Gains Tax and Cryptocurrency Cryptocurrency donations to charities were booming in 2021 and continue in 2022. Digital assets donations on Giving Tuesday grew 583% in 2021 from Giving Tuesday in 2020 and should grow even more in 2022. The Internal Revenue...
Passing Down Cryptocurrency Assets: Gifting And Estate Planning Considerations
What Is Cryptocurrency? Cryptocurrency is a digital asset that is created and traded online. Miners (computer operators) establish new units of digital currency and record them on a blockchain, or a string of verified public transaction records. Cryptocurrency records...
Special Considerations for Divorces Involving Middle Aged and Older Americans — Part Two
Part 2: Division of Assets and Debts, Retirement Benefits, and Estate Planning Matters As discussed in Part One of our two-part series detailing the social phenomenon know as “grey” divorce, a number of recent studies, reports and other analyses have found an...
Frequently Asked Questions Regarding Online Accounts and Estate Planning
There are many factors to consider when planning your estate in the event of your incapacitation or death. While discussions regarding traditional assets are crucial in the planning process, other factors should also be taken into consideration, such as plans for...
Year-End Federal Estate Tax Law Changes On Hold
The highly anticipated changes to estate tax laws seem to be on hold as we close out 2021. On Nov. 15, 2021, President Biden signed the Infrastructure Investment and Jobs Act (IIJA) into law. The IIJA provides investment in the nation’s infrastructure as follows:...
Stronger Than Yesterday: An Analysis of Britney Spears’ 13-Year Long Conservatorship
On Nov. 12, 2021, Britney Spears became a free woman. The conservatorship ordered back in 2008 that controlled every aspect of Britney’s personal life, finances and medical decisions was terminated by a Los Angeles judge effective immediately. For the past two and a...
KJK Welcomes Susan Friedman as Estate Planning Partner
KJK is pleased to announce the addition of Partner Susan Friedman to the firm’s Estate, Wealth & Succession Planning group. Susie is experienced in all aspects of estate planning, probate, trust and estate administration, special needs planning, charitable...