by Knee Law | May 25, 2023 | Estate Law
Millennials typically have a lower net worth than their parents, and they carry substantial student loan debt. Additionally, they aren’t saving enough for retirement. What’s more, since they are often responsible for children, older adults, and sometimes...
by Knee Law | Apr 30, 2023 | Estate Law, Estate Planning
For the most part, grantors are required to give up all control of gifted assets. This has many people so afraid of estate tax inclusion that they are completely repelled from this option, but the 529 plan provides the single exception to the rule. Section 529 of the...
by Knee Law | Apr 12, 2023 | Estate Law, Estate Planning
Creating an Estate Plan When Interest Rates Are High In 2022, the Federal Reserve hiked the federal funds rate several times, which resulted in interest rates increasing by a considerable amount. Interest rates for a 30-year mortgage are just over 6% at the moment,...
by Knee Law | Mar 22, 2023 | Estate Law, Estate Planning, Trusts
A trust is an estate planning tool that lets you benefit beneficiaries both during your lifetime and after your death in a manner you feel is best. Unfortunately, there are times when the beneficiaries may want to void a trust or remove or sue a trustee. You could be...
by Knee Law | Feb 20, 2023 | Estate Planning
Why You Need to Consider Mental Health in Estate Planning An estimated 19.9% of Americans hold a diagnosis of a behavioral or mental health issue at any time. Mental illness affects people of all ages and from all walks of life. If one of your heirs has a mental or...
