by Knee Law | Apr 1, 2025 | Estate Litigation
The person tasked with administering a deceased New Jersey resident’s estate is called the executor. He or she is appointed by a probate court in the country where the decedent resided, and it is usually the person the decedent named in their last will and testament....
by Knee Law | Mar 26, 2025 | Estate Law
Understanding Pour-over Wills and Living Trusts People can place their money or property in a living trust on behalf of a beneficiary while they’re still alive, which they often do to avoid probate and decide what happens to their assets. Even though estate...
by Knee Law | Mar 21, 2025 | Estate Law
Common Myths to Ignore Regarding Your Estate Plan According to a poll taken in 2021, 56% of respondents said that estate planning was something that should be taken seriously. However, that same poll found that, at the time, only 35% of Americans actually had some...
by Knee Law | Mar 1, 2025 | Estate Planning, Wills
When you’re creating an estate plan or inheriting certain assets from a family member, the step-up in basis rule will likely apply to most of the assets. Of the 40% of American adults who have created a will, many overlook what the step-up in basis means for...
by Knee Law | Feb 28, 2025 | Estate Law, Estate Planning
Estate planning is a process that many people don’t begin until they are in their 30s or 40s. Around 67% of Americans don’t have any type of estate plan in place, which indicates that many people don’t understand the importance of having one....
