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,... by Knee Law | Jul 13, 2022 | Digital Assets, Estate Planning
What Do Digital Assets Have to Do With Estate Planning? About 16% of Americans report that they have investments in cryptocurrency and other digital assets. If you’re one of them, it’s important to include digital assets in your estate planning process.... by Knee Law | Jul 5, 2022 | Estate Law, Estate Planning
Estate Planning and Your Blended Family A 2015 study from the National Center for Marriage and Family Research found that in 26% of all marriages, there were stepchildren. Most remarriages–nearly two-thirds–involved stepchildren. Figures such as these... by Knee Law | Jun 12, 2022 | Estate Planning, Inheritance, Last Will and Testament
Updating Your Estate Plan as a Blended Family Blended families have become more common in the U.S., with 16% of children in the country living in blended families. When you remarry, you’ll want to revisit your estate plan to ensure it reflects your wishes based...