by Knee Law | Jan 11, 2022 | Estate Planning, Trusts
Everything You Should Know About Gifting Assets During Your Lifetime When a person dies, it’s common for their estate to go through the probate process, which may require certain assets to be taxed. Keep in mind that around 55% of all Americans haven’t... by Knee Law | Jan 7, 2022 | Estate Planning, Trusts
A Guide to the Different Types of Trusts Are you preparing to plan your estate? An estate plan can give you peace of mind that your assets are managed appropriately both during your life and after. More and more people are turning to trusts because they offer more... by Knee Law | Dec 14, 2021 | Estate Planning, Inheritance
Ensuring Your Stepchildren Are Beneficiaries in a Trust or Will According to a report that the National Bureau of Economic Research published in 2016, parents who had a stepchild had an approximately 30% higher likelihood of planning inheritances that were unequal.... by Knee Law | Dec 6, 2021 | Estate Planning, Trusts
The Charitable Remainder Trust: A Type of an Irrevocable Trust The charitable remainder trust (CRT) is managed by a trustee, and income is paid out to either the grantor or another named beneficiary while the charity receives a donation after the grantor has passed... by Knee Law | Dec 2, 2021 | Estate Planning
Everything You Should Know About Guardianship vs. Conservatorship When a loved one is unable to continue making their own decisions, it’s possible to request guardianship or conservatorship by submitting the request to a New Jersey court. In 2017, there were... by Knee Law | Nov 7, 2021 | Estate Law, Estate Planning
Estate Planning Options to Consider for Your Grandchildren The estate planning process is full of changes every step of the way. As grandchildren are added to the family tree, they are often added to the estate plan. This requires a number of different amendments,...
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