Attorney John F. Koenig - Anchor Law, Life & Legacy Planning, LLC

The Death Tax Repeal Act of 2025 could dramatically change how wealth transfers between generations, potentially eliminating the estate tax entirely. Learn what this proposed legislation might mean for you. Read more... 2025.04.25 The Death Tax Repeal Act of 2025: What It Could Mean for You and Your Loved Ones Have you ever worked your entire life to build something valuable, only to worry about a significant portion being taken away after your death, and before it gets to the people you love? That's the reality many American families face when thinking about the estate tax – sometimes called the "death tax." There's a legislative proposal gaining momentum that could change everything about how wealth transfers between generations. But what would these changes really mean for you and your loved ones? Let’s explore the potential impact on you and those you love. The Estate Tax: A Century-Old Tradition at a Crossroads Estate taxes have been woven into the fa...

  Naming guardians in your will isn't enough to fully protect your children if something happens to you. Discover the 10 most common guardianship mistakes parents make and how a comprehensive Kids Protection Plan® can provide complete peace of mind. Read more… 2025.04.18 10 Guardian Mistakes That Could Put Your Kids at Risk (And How to Do It Right) Imagine this: something unexpected happens, and you're suddenly unable to care for your children. It's a parent's worst nightmare.  In this situation, you'd want to know that your kids will be loved, cared for, and raised according to the values you hold dear. But have you taken the right legal steps to ensure that happens? Many parents mistakenly believe that simply naming guardians in their will is enough to protect their children. Unfortunately, this isn't always the case.  There are common mistakes that can lead to legal battles, family conflicts, and even put your kids' well-being at risk.  What if so...

  James Howells accidentally threw away a hard drive containing 8,000 Bitcoin (BTC), now worth approximately $800 million, and his decade-long struggle to recover his fortune offers vital lessons for proper estate planning in our increasingly digital world. Read more… 2025.04.11 The $800 Million Mistake: Why an Asset Inventory Is an Essential Part of Your Estate Plan Imagine accidentally throwing away $800 million. While it sounds like the plot of a movie, this nightmare scenario has become a reality for James Howells, a computer engineer from Wales, who has now spent more than a decade fighting to recover a discarded hard drive containing the private key to his Bitcoin fortune. Here’s what happened. In 2013, Howells mistakenly discarded a hard drive during an office cleanup. What he didn't realize until too late was that this particular drive contained the only copy of his private key to access 8,000 Bitcoin (BTC)  he had mined years earlier. When he realized his err...

Gene Hackman's $80 million fortune is in legal limbo after his wife died just days before he did, highlighting the estate planning crisis that countless families face, including possibly yours. Read more... 2025.04.04 Gene Hackman's Estate: A Wake-Up Call  The recent passing of legendary actor Gene Hackman has revealed a complicated estate situation that serves as a powerful warning for everyone - married couples especially - regardless of your net worth.  Whether you have significant assets or just want to ensure your wishes are honored during your lifetime and you don’t leave a mess of open loops, creditors, and pain for your loved ones, getting your estate plan done right so it doesn’t fail when the people you love need it is the answer. Unfortunately, many estate plans, even plans prepared by top lawyers and law firms, are ticking time bombs that will blow up when it’s too late. However, the right estate planning process, which I call Life & Legacy Planning, ca...