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* We are coming to Chicago, and we’d love to see you at our event on Thursday night — RSVP here. [Above the Law] * Wait, FIFA may be dishonest? Kirkland partner Michael Garcia announces plans to appeal after FIFA releases ethics report on the Russia and Qatar World Cup bidding process that contains “numerous materially incomplete and erroneous representations of the facts and conclusions.
Married couples fortunate enough to receive gifts or inheritances (usually from family members) during their marriage often reap the benefits jointly: a down payment for a house, an unexpected nest egg, an increased standard of living . . . However, if the marriage breaks down, people often want to recoup those gifts.
I recently read an article about the value of giving your children (or grandchildren) the gift of compound interest and a more secure retirement, in the form of an annual contribution to their Roth IRA. What a great idea! The author’s point is that many young people are struggling to pay off their educational debt and mortgages, or cope with the costs of child-care.
… As 2014 draws to a close, many of our clients are thinking about making annual gifts to charities. The IRS has just posted a handy article with six tips to keep in mind to make sure that you can claim an income tax deduction for the gift. Here’s a summary: 1. Qualified charities. Make sure that you are making a donation to a qualified charity…