by Knee Law | May 23, 2021 | Estate Law, Wills
In most cases, your creditors will not be able to pursue your heirs if there isn’t enough money in your estate to cover all the financial obligations. The one exception would be your spouse. After a spouse dies, his or her debts remain on the books and they still need...
by Knee Law | May 19, 2021 | Estate Law, Wills
Many people have not properly designated beneficiaries for their retirement accounts, their annuities, or their life insurance policies. The problem is that many individuals make mistakes when filling out beneficiary forms, so these important documents are left blank...
by Knee Law | May 14, 2021 | Estate Law, Estate Planning, Wills
An estate that is very complex can take as long as two years to probate, but even smaller estates will require at least six months to complete the process. It is also expensive, and Americans pay an average of about $2 billion in probate costs every year. Estate...
by Knee Law | Apr 29, 2021 | Probate Administration
Duties Commonly Performed by an Executor If you’ve been thinking about making a will, you will need to determine who will be the executor. Despite the importance of creating a will, less than 33% of people in the U.S. have done. When you want to prepare a will...
by Knee Law | Apr 25, 2021 | Probate
Should You Try to Avoid Probate? With over $2 billion being spent in probate each year, more and more people are starting to wonder if probate is right for them. Probate is a lengthy process that involves validating a person’s will and paying taxes on their...
