by Knee Law | Jul 17, 2025 | Estate Planning
Family Wealth Preservation: Building a Lasting Legacy While most people believe that estate planning is important, only about 31% of the U.S. population has a will in place. Preparing for the distribution of wealth should be a priority for families with considerable...
by Knee Law | May 12, 2025 | Estate Litigation
When a New Jersey resident passes away, their estate must go through the probate process before their assets are distributed in accordance with the terms of their last will and testament. During probate, the decedent’s will is verified and the estate’s debts are...
by Knee Law | Apr 26, 2025 | Power of Attorney
A power of attorney is an estate planning document that allows an individual to appoint a person to manage their financial and legal affairs if they are unable to do so. The person who drafts a power of attorney is called the principal, and the individual who is given...
by Knee Law | Apr 1, 2025 | Estate Litigation
The person tasked with administering a deceased New Jersey resident’s estate is called the executor. He or she is appointed by a probate court in the country where the decedent resided, and it is usually the person the decedent named in their last will and testament....
by Knee Law | Mar 26, 2025 | Estate Law
Understanding Pour-over Wills and Living Trusts People can place their money or property in a living trust on behalf of a beneficiary while they’re still alive, which they often do to avoid probate and decide what happens to their assets. Even though estate...
