by Knee Law | Feb 1, 2024 | Estate Law, Estate Planning
When it comes to planning your estate, providing for your loved ones is a top priority. However, concerns about their financial responsibility and potential external threats like creditors or a disgruntled spouse may arise. Fortunately, there is a solution: a...
by Knee Law | Oct 1, 2023 | Estate Law, Estate Planning
Is a QTIP Trust Right for Your Situation? A QTIP trust is a legal vehicle through which a deceased spouse can ensure the lifetime income of a surviving spouse. An estate planning lawyer may recommend a QTIP trust when the estate of at least one of the spouses is...
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 | Dec 28, 2022 | Estate Planning
Creating an Inflation-Proof Estate Plan Inflation is affecting more people in recent years, no matter who you are or what your estate planning style is. From 2011 to 2022, the inflation rate has risen from 3.2% to 8.3%. Regardless of what your estate plan looks like,...
