by Knee Law | Sep 26, 2023 | Estate Law, Estate Planning, Inheritance, Wills
Any assets held in your estate at the time of your death will likely be subject to probate. New Jersey probate is a simple process that should be completed in one month’s time, assuming that no one launches a preemptive challenge to the Will, called filing a Caveat,...
by Knee Law | Aug 24, 2023 | Estate Law, Estate Planning
Estate planning gives you the opportunity to determine what will happen to your assets when you die. While only 34% of Americans have made an estate plan, you can use these documents to make sure that your business continues to be steered in the right direction after...
by Knee Law | Jul 27, 2023 | Estate Law, Estate Planning
Being named as an executor of an estate carries with it several responsibilities. Over 44% of executors experienced family conflict or were aware of one during their time as an executor. It’s a serious issue if you suspect that an executor of your family’s...
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,...
