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Kenneth W. Kossoff
5743 Corsa Avenue, Suite 208, Westlake Village, CA 91362
Kenneth W. Kossoff is a Certified Specialist in Estate Planning, Probate & Trust Law by the State Bar of California Board of Legal Specialization.
Recent Activity
A portion of the proceeds from auction of Williams and his former wife’s collection will benefit a number of causes that were important to them. Continue reading
Posted 2 days ago at Ken Kossoff - Estate Planning Blog
You sent them off to kindergarten, then to college. Now they’re back home, but before long they will start their first job and start looking for their own place. Use this time wisely. Continue reading
Posted 3 days ago at Ken Kossoff - Estate Planning Blog
After a few months of buying Mom and Dad’s groceries and transferring money between accounts, it seems like it would be easier just to create a joint checking account. Not so fast! Continue reading
Posted 4 days ago at Ken Kossoff - Estate Planning Blog
There’s no way to be prepared for a bad diagnosis, but when it happens, you still need to take care of the financial and legal aspects of your life -- and take care of yourself as well. Continue reading
Posted 5 days ago at Ken Kossoff - Estate Planning Blog
You don’t need to be wealthy to create a financial disaster for your family. Not having a will or other estate planning documents, could wreak havoc on their budgets and make their lives stressful. Continue reading
Posted Aug 10, 2018 at Ken Kossoff - Estate Planning Blog
People coming close to retirement age often dread the whole idea of applying for Medicare, and it’s understandable. Medicare seems complicated, and any mistakes could be expensive. Continue reading
Posted Aug 9, 2018 at Ken Kossoff - Estate Planning Blog
The terms “cost basis” and “stepped up cost basis” are used extensively when discussing real property, investments and other inherited assets. What do they mean? Continue reading
Posted Aug 8, 2018 at Ken Kossoff - Estate Planning Blog
If it becomes law, this legislation from the House of Representatives would protect senior investors with a task force dedicated to preventing elder financial abuse. Continue reading
Posted Aug 7, 2018 at Ken Kossoff - Estate Planning Blog
Today’s complex and uncertain world makes the management and preservation of tangible assets more challenging than in the past. Continue reading
Posted Aug 6, 2018 at Ken Kossoff - Estate Planning Blog
We know now that the brilliant songs, dances and smiles from the Jackson Five took place under a harsh atmosphere created by their father, who relied on corporal punishment to drive his kids to success. Continue reading
Posted Aug 3, 2018 at Ken Kossoff - Estate Planning Blog
If you chose not to have a will or create a will without the help of an experienced estate planning attorney, and your will is found to be invalid, you’ll be leaving an expensive mess for heirs. Continue reading
Posted Aug 2, 2018 at Ken Kossoff - Estate Planning Blog
The photos are great: healthy seniors enjoying active lifestyles, playing tennis, chatting in the pool and dining in an upscale restaurant. However, review the documents with care before signing up. Continue reading
Posted Aug 1, 2018 at Ken Kossoff - Estate Planning Blog
The only daughter of the king of rock says that her former money manager was “reckless and negligent” with investments, while paying himself a hefty $700,000 salary. He’s counter-suing. Continue reading
Posted Jul 31, 2018 at Ken Kossoff - Estate Planning Blog
If your retirement planning includes being glued to the television, watching markets rise and fall, minute by minute, you’re doing it wrong. What’s happening inside your portfolio today, has little or no bearing in your retirement. Continue reading
Posted Jul 30, 2018 at Ken Kossoff - Estate Planning Blog
With a prenup in place to protect Prince Harry’s $500 million fortune, Queen Elizabeth’s demand was granted, with no hesitation. Maybe that’s why she has been able to relax and enjoy her new granddaughter. Continue reading
Posted Jul 23, 2018 at Ken Kossoff - Estate Planning Blog
“If you die or become incapacitated prior to the divorce being finalized, you want to retain as much control as possible.” Continue reading
Posted Jul 20, 2018 at Ken Kossoff - Estate Planning Blog
It will take discipline and serious belt-tightening, but if you haven’t saved for retirement, you can still recover. Continue reading
Posted Jul 19, 2018 at Ken Kossoff - Estate Planning Blog
If long-term care insurance seems expensive, do the math and figure out how much it would cost, if you do not have long-term care insurance. It won’t look so expensive. Continue reading
Posted Jul 18, 2018 at Ken Kossoff - Estate Planning Blog
There are a number of savvy strategies to minimize your tax liability, but some are better known than others. Here are two more to add to your tax toolbox. Continue reading
Posted Jul 17, 2018 at Ken Kossoff - Estate Planning Blog
A new study reveals a surprising approach that is based on serious statistical analysis. Continue reading
Posted Jul 16, 2018 at Ken Kossoff - Estate Planning Blog
According to his former attorney, after Stan Lee’s wife died, a long-time caregiver started taking over his life. Continue reading
Posted Jul 13, 2018 at Ken Kossoff - Estate Planning Blog
In the past, wealth advisors had client assets move to a conservative position, once they retired. Retirement could now last several decades, and investment planning has shifted as well. Continue reading
Posted Jul 12, 2018 at Ken Kossoff - Estate Planning Blog
Family finances can take a huge hit from the unexpected death of the main breadwinner. Advance planning, even when death seems like a remote possibility, can help. Continue reading
Posted Jul 11, 2018 at Ken Kossoff - Estate Planning Blog
Unless you want your spouse or your kids to make a lot of very difficult decisions during a difficult time, you should have a living will in place. Continue reading
Posted Jul 10, 2018 at Ken Kossoff - Estate Planning Blog
Taxes during your working years are relatively straight-forward. When you retire, they get more complicated. Surprised? So are a lot of retirees. Continue reading
Posted Jul 9, 2018 at Ken Kossoff - Estate Planning Blog