by Knee Law | Apr 26, 2025 | Power of Attorney
A power of attorney is an estate planning document that allows an individual to appoint a person to manage their financial and legal affairs if they are unable to do so. The person who drafts a power of attorney is called the principal, and the individual who is given...
by Knee Law | Apr 1, 2025 | Estate Litigation
The person tasked with administering a deceased New Jersey resident’s estate is called the executor. He or she is appointed by a probate court in the country where the decedent resided, and it is usually the person the decedent named in their last will and testament....
by Knee Law | Jan 1, 2024 | Estate Planning
An Unequal Inheritance Could Be an Option for Your Children For most families who have more than one child, the division of assets in estate planning is usually relatively simple. All of the assets would be divided as equally as possible among your children. However,...
by Knee Law | May 12, 2022 | Estate Planning, Wills
Is Naming Your Child As Executor the Right Decision? When you name an executor in your New Jersey will, they need to be at least 18 years old. Although it’s common for people to name one of their children as their executor, you don’t have to. In some...
by Knee Law | May 8, 2022 | Estate Law, Estate Planning
Frequently Asked Questions About Life Estates A life estate is a type of ownership interest in property that is based on the lifespan of the owner. The owner, known as the “life tenant,” has the right to use and enjoy the property for as long as they live....
