by Knee Law | Jun 22, 2021 | Inheritance
What to Do When You Don’t Want an Inherited Home When someone dies in New Jersey, the deceased’s will must go through probate before the heirs can take possession of the property. Then you can decide what you will do with an inherited home. Wait for the Probate...
by Knee Law | Jun 18, 2021 | Estate Planning
Should You Update Your Estate Plans After a Divorce? With a sizable percentage of all marriages ending in divorce, most people understand the basics of things like negotiating child custody and dividing assets. However, one important thing that divorcing couples often...
by Knee Law | May 27, 2021 | Estate Law, Tax Law, The Probate Process, Wills
Probate is when the deceased’s instructions that were documented in a will begin to be carried out. It starts after the person dies. During this procedure, the court ensures that the will is genuine. The Responsibility of the Executor An executor of a will has a...
by Knee Law | May 23, 2021 | Estate Law, Wills
In most cases, your creditors will not be able to pursue your heirs if there isn’t enough money in your estate to cover all the financial obligations. The one exception would be your spouse. After a spouse dies, his or her debts remain on the books and they still need...
by Knee Law | May 19, 2021 | Estate Law, Wills
Many people have not properly designated beneficiaries for their retirement accounts, their annuities, or their life insurance policies. The problem is that many individuals make mistakes when filling out beneficiary forms, so these important documents are left blank...
