by Knee Law | Mar 10, 2022 | Probate, The Probate Process
Should I Try to Avoid Probate for My Estate? About 55% of Americans die without any type of will or estate plan in place. When an estate has to go through probate, court and attorney fees may cost heirs from 3% to 8% of the estate’s value, and the process can...
by Knee Law | Feb 6, 2022 | Estate Planning
Why Should You Designate an Alternate Beneficiary? Life is full of uncertainties, so you will want to name at least one alternate beneficiary when planning your estate. This serves as a precautionary measure in the event that your original beneficiary dies before you....
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 | Jan 24, 2020 | Trusts
What to Think About When Selecting a Trustee When you’re working on your estate plan, you may decide that establishing a trust is the best course of action. This will require that you select a trustee — someone who administers property or assets for the benefit...
by Knee Law | Jan 15, 2020 | Estate Planning
The Importance of Comprehensive Estate Planning Although something of a cliché, there is a great deal of truth to the adage that it’s never too early to start estate planning. By that, it is meant that if you are an employed adult with income coming in and...
