Tax Implications of Gifting Money and Assets
Gifts are not considered income, but there may be income tax implications of some gifts, which bears consideration.
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He belongs to the Estate and Business Planning Council of Greater Hartford and the Greater Hartford Probate Forum. He is a member of the Connecticut Bar Association Estate and Probate Executive Committee. He serves as trustee and represents other trustees for all types of trusts. Kevin is involved in many community and civic organizations, including Town Council, the South Windsor Community Foundation, Rotary International, and Women’s Health Research at Yale.

Always a good experience. Have known Attorney McCann for several years and have always enjoyed his knowledge and concise ways of presenting facts and answering questions. Will definitely continue to refer people.
K. C.
Worked w/ Attorney McCann. Work was complete and thorough. Provided some creative ideas we were not aware of to help achieve the financial goals regarding our purpose for using the firm. Very knowledgeable, helpful and team to work with.
S. B.
Today’s appointment at KKC Law to sign my Will, Trust, Living Will, etc., was done seamlessly. The documents were quickly and efficiently handled, and it all took only about 35 minutes. I appreciate the professionalism of Attorney Kevin McCann, with Legal Assistance provided by Nancy and Ivy, in steering me through the process with ease. I feel relieved and thank them for getting it done.
C. R.
Gifts are not considered income, but there may be income tax implications of some gifts, which bears consideration.
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