Litherland, Kennedy & Associates, APC, Attorneys at Law

In this Vlog, Attorney Justin M. Kennedy discusses Important Asset Thresholds to keep in mind for 2022, including the 2022 Federal Estate and Gift Tax Exclusion, the Annual Gift Tax Exclusion, and important Medi-Cal CSRA and MMMNA figures.  … [Read more...] about 2022 Important Asset Thresholds (VIDEO)

In this vlog, Attorney Justin M. Kennedy discusses the gift tax exemption. Since 2018 Federal law has allowed you to make gifts of $15,000 per person per year without having to file a gift tax return. In 2022 the gift tax exemption amount will be increasing to $16,000 per person per year.  … [Read more...] about Annual Gift Tax Exemption 2022 (VIDEO)

We understand that there are lingering and lasting impacts brought on by COVID and other socioeconomic forces out of our control. Fortunately, Litherland, Kennedy & Associates found ourselves in a position to be able to give back to our community this holiday season. We are thankful to have been able to sponsor two families this year through the Adopt-a-Family Holiday Gift Drive supported by the Bill Wilson Center.  … [Read more...] about Adopt a Family Holiday Gift Drive (VIDEO)

In November 2020, the voters of California approved Proposition 19. While Proposition 19 has some good features, it also drastically changed the rules for the transfers of real property from parent to child. These drastic rule changes went into effect in February 2021. In this Vlog, Attorney Justin M. Kennedy addresses the Irrevocable Family Real Property Trust and the Homeowner Exemption. … [Read more...] about Irrevocable Family Real Property Trusts and the Homeowner Exemption (VIDEO)

by Dedra Jize, OT., CSA Geriatric Care Manager, Litherland, Kennedy & Associates, APC, Attorneys at Law September 12th through 18th marked National Assisted Living Week. Does Hallmark make a card for that?  I doubt it but it does give us a moment to pause and think about it. First, what is Assisted Living? It’s a home or community that provides 24-hour supervision and additional daily support with things like dressing, showering, toileting and medication management along with all that … [Read more...] about Assisted Living: What is It, and is It Right for You?

2021 Walk to End Alzheimer's - San Francisco, CA Saturday, November 6, 2021 Alzheimer’s disease is relentless. So are we. Alzheimer's disease touches so many people; It affects our clients, our family members and our friends.  It can feel lonely and isolating to be facing it, or to be supporting someone who has been diagnosed with it. But we're not alone. Our office is walking for all of our clients, our family members, and our friends who have been affected by this unforgiving … [Read more...] about Litherland, Kennedy & Associates Law Firm Team Joins 2021 Walk to End Alzheimer’s

by Dedra Jize, OT., CSA Geriatric Care Manager, Litherland, Kennedy & Associates, APC, Attorneys at Law Happy Grandparents Day! Although I think that grandparents should be celebrated every day, it was decided to be the first Sunday after Labor Day back in 1978. For those who are grandparents…congratulations. For those who are grandparents, but the grandchildren live far away, read on. Or maybe you are young and single, or middle age and no children or perhaps this topic brings … [Read more...] about Happy Grandparents Day