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Firm News
In addition to being named one of the nation’s top firms in 2024, Kemp Klein Law Firm was the only Michigan law firm selected for the honor this year.
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Neal Nusholtz's
Tax Guidance
Under Internal Revenue Code (”IRC”) §1014, Inherited property has a basis equal to the property’s fair market value on the date of death. The double basis step up is the brass ring of estate planning. The term double basis step up means a basis step up in all marital property on the first death of a husband and wife and a second basis step up on the death of the surviving spouse.
Alan A. May's
Probate Law Case
Summaries
Decedent, during his lifetime, believed that daughter was mishandling decedent’s money. Decedent had a fractured relationship with Appellant and a close relationship with daughter. Daughter was delineated in some manner to benefit from the structuring of a credit union account. The Court doesn’t say how she was to have benefited.
Buttiglieri and Zawideh Successful in $4.2 Million Settlement Over Will Dispute
Kemp Klein Attorneys Joseph P. Buttiglieri and Robert S. Zawideh successfully represented the the plaintiffs in a case in which they were disinherited. After hotly contested litigation, all the parties agreed to a 60/40 split of the estate, with the 40% group (who weren’t in the final will).
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