by Knee Law | Jul 17, 2022 | Estate Planning, Health Care Proxies, Power of Attorney
Do New Parents Need to Make an Estate Plan? The number of children born into households with a net worth of at least $10 million has increased by 856% since the 1980s. New parents who have a high net worth or income do need to make an estate plan. While you might be...
by Knee Law | Jul 13, 2022 | Digital Assets, Estate Planning
What Do Digital Assets Have to Do With Estate Planning? About 16% of Americans report that they have investments in cryptocurrency and other digital assets. If you’re one of them, it’s important to include digital assets in your estate planning process....
by Knee Law | Jul 9, 2022 | Estate Law, Estate Planning
Why Do I Need to Pay Attention to Beneficiary Designations? In 2020, about 54% of Americans held a life insurance policy. If you’re one of them, you need to know that life insurance policies, retirement accounts and annuities all pass through a beneficiary...
by Knee Law | Jul 5, 2022 | Estate Law, Estate Planning
Estate Planning and Your Blended Family A 2015 study from the National Center for Marriage and Family Research found that in 26% of all marriages, there were stepchildren. Most remarriages–nearly two-thirds–involved stepchildren. Figures such as these...
by Knee Law | Jun 16, 2022 | Estate Planning, Trusts
What Are Grantor Retained Annuity Trusts? A Grantor Retained Annuity Trust, or GRAT, is a type of irrevocable trust administered by a third party and used to lower the value of your assets that will be taxed by the IRS for estate tax purposes. The GRAT’s...
