by Knee Law | Mar 1, 2025 | Estate Planning, Wills
When you’re creating an estate plan or inheriting certain assets from a family member, the step-up in basis rule will likely apply to most of the assets. Of the 40% of American adults who have created a will, many overlook what the step-up in basis means for...
by Knee Law | Feb 28, 2025 | Estate Law, Estate Planning
Estate planning is a process that many people don’t begin until they are in their 30s or 40s. Around 67% of Americans don’t have any type of estate plan in place, which indicates that many people don’t understand the importance of having one....
by Knee Law | Feb 26, 2025 | Estate Law, Estate Planning
If you’re single, there are fewer automatic rules about who gets your assets or who helps with your healthcare. To avoid any issues, it’s a good idea to create an estate plan that addresses these matters. The Single Person’s Guide to Estate Planning...
by Knee Law | Feb 22, 2025 | Estate Law, Estate Planning
How young people can protect wealth and loved ones with estate planning Millennials tend to think more about how to preserve their wealth than the generations before them and are more likely to have an estate plan than their older counterparts. If you are a younger...
by Knee Law | Jan 18, 2025 | Estate Law, Estate Planning
Through the year 2045, approximately $84.4 trillion will pass from one generation to the next. Baby Boomers hold the most money out of this figure, and their possessions, including their homes, are all part of the wealth they will pass on after they die. If you are...
