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 | Mar 31, 2021 | Digital Assets, Digital Wills, Estate Law
A trend in estate planning that continues apace with each passing year is associated with the disposition of digital assets upon a person’s death. The reality is that an ever-growing number of people accumulate digital assets during life that require...
by Knee Law | Mar 28, 2021 | Estate Law, Last Will and Testament, Wills
How Do You Create a Valid Will? Did you know that only 42% of adults have estate planning documents in place? If you do not have a will yet, it is definitely time to start thinking about it. When you write your will, you just need to take a few precautions to ensure...
by Knee Law | Mar 24, 2021 | Estate Law, Estate Planning, Trusts, Uncategorized
All About the Basics of Charitable Trusts As of Jan. 2019, an alarming 78% of American workers were living paycheck to paycheck. If you’re lucky enough to have wealth, you should take every possible precaution to ensure your assets go into the right hands after...