by Knee Law | Jan 11, 2022 | Estate Planning, Trusts
Everything You Should Know About Gifting Assets During Your Lifetime When a person dies, it’s common for their estate to go through the probate process, which may require certain assets to be taxed. Keep in mind that around 55% of all Americans haven’t...
by Knee Law | Jan 7, 2022 | Estate Planning, Trusts
A Guide to the Different Types of Trusts Are you preparing to plan your estate? An estate plan can give you peace of mind that your assets are managed appropriately both during your life and after. More and more people are turning to trusts because they offer more...
by Knee Law | Oct 30, 2021 | Estate Planning, Medicaid
Medicaid Planning for Your Estate Medicaid is a federal and state program that provides health care coverage for people with limited income and other resources. Many people rely on Medicaid for long-term care, and long-term care accounts for 20% of all Medicaid...
by Knee Law | Oct 18, 2021 | Estate Law, Trusts
Pros and Cons of Choosing an Irrevocable Life Insurance Trust Trusts are often an important aspect of planning your estate that can be used in lieu of a will or to complement a will. An estate planning lawyer can help you set up an ILIT, which is an irrevocable trust...
by Knee Law | Jul 5, 2020 | Living Trusts, Living Wills
Reevaluating Your Estate Plan After the COVID-19 Crisis Has Subsided New Jersey has been one of the hardest-hit states in the country by COVID-19. While there have been over 12,000 coronavirus deaths in the Garden State, new cases are finally starting to drop. New...