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...
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...
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...
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:...
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 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...
As KJK has been reporting, Congress is gearing up to revise tax laws to target the wealthy and proposed changes could be adopted as early as mid-November. The Senate’s 50 non-Republican members, including 48 registered Democrats and two Independents who caucus with...
PDFUPDATED: NOV. 19, 2021 How Biden’s Build Back Better Act Could Impact Your Taxes With President Biden’s “Build Back Better” act passing the House of Representatives and now on its way to the Senate, we are getting a better idea of where Democrats are headed with...
Leading Democrats in the U.S. House of Representatives on Monday released proposed tax-increase legislation that rolled back several of President Biden’s key initiatives, but continued to call for higher tax rates on corporations, highly compensated business owners...
The pandemic has undoubtedly affected residents of nursing homes. For more than a year now, residents have had very limited visitation which has led to loneliness, depression and cognitive decline. Residents and their families or loved ones have asked for relaxed...