by Knee Law | Apr 12, 2022 | Estate Planning
Signs It’s Time to Update Your Estate Plan Did you know that roughly a quarter of people with wills have an obsolete document? Outdated estate plans can cause a lot of confusion and disagreements after you pass away, so it’s important to remember to update...
by Knee Law | Apr 4, 2022 | Estate Law, Estate Planning
Why Business Succession Should Be Part of Your Estate Plan Most people don’t like to think about what will happen with their assets upon their death, but ignoring estate planning could result in unexpected ramifications for business partners, employees and...
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...