by Knee Law | Dec 31, 2020 | Inheritance, Wills
What Happens If a Parent Dies Without a Will? About 14% of individuals younger than 30 have a will, and 68% of Americans aged 65 and older have a will. What happens when someone dies without a will, and why is this document important? Here are some of the most...
by Knee Law | Dec 23, 2020 | Inheritance, Trusts
Getting Nursing Home Care While Preserving Your Family’s Inheritance The cost of a semiprivate room in a nursing home has shot past $90,000 per year, placing a significant burden on families and threatening inheritances. Families end up needing Medicaid...
by Knee Law | Sep 22, 2020 | Inheritance
What to Expect From the Asset Distribution Process During COVID-19 After someone passes away, their friends, family, and other beneficiaries do not immediately collect any bequeathed items. Instead, it takes about two months to a year, on average, for assets to...
by Knee Law | Aug 22, 2020 | Estate Planning, Inheritance
How COVID-19 Has Affected Certain Assets More Than Others The initial reaction to the COVID-19 outbreak was sheer panic on the part of investors. In May, the S&P 500 dropped roughly 30% in just 22 trading days. Many estate planners are now wondering which types of...
by kneelawfirm | Nov 6, 2017 | Estate Planning, Inheritance
It’s a common source of anxiety and concern in estate planning—your parents have spent a lifetime building an estate and often amassing a collection of “treasures” they plan to pass on to you. Unfortunately, your tastes and theirs may not be the same, you may not have...
