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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
This matter had been before the Court of Appeals prior to the instant appeal. In the last appeal, Appellant challenged a settlement agreement he entered into with “John” which “John” would receive 42 percent of the estate and Appellant 58 percent. In some small detail, the estate was reopened to seek Contempt for Appellants not complying with the Court’s orders.
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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