by Knee Law | Jun 16, 2022 | Estate Planning, Trusts
What Are Grantor Retained Annuity Trusts? A Grantor Retained Annuity Trust, or GRAT, is a type of irrevocable trust administered by a third party and used to lower the value of your assets that will be taxed by the IRS for estate tax purposes. The GRAT’s...
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 | Jul 29, 2021 | Estate Planning
Incorporating Your Retirement Assets Into Your Estate Plan Whether you are already retired or just planning for your future, aligning your assets with your goals is central in your estate planning. Do you want to contribute to your favorite charities or leave most of...
