by Knee Law | May 25, 2023 | Estate Law
Millennials typically have a lower net worth than their parents, and they carry substantial student loan debt. Additionally, they aren’t saving enough for retirement. What’s more, since they are often responsible for children, older adults, and sometimes...
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 | Mar 22, 2023 | Estate Law, Estate Planning, Trusts
A trust is an estate planning tool that lets you benefit beneficiaries both during your lifetime and after your death in a manner you feel is best. Unfortunately, there are times when the beneficiaries may want to void a trust or remove or sue a trustee. You could be...
by Knee Law | Sep 2, 2022 | Estate Law, Estate Planning
5 Mistakes to Avoid When Updating Your Estate Plan According to some estimates, only 33% of Americans have an estate plan, and if you’re one of them, you’re already ahead of the curve. If you’ve taken the time to update your estate plan, that’s...
by Knee Law | Aug 31, 2022 | Estate Law, Estate Planning
How Do Interest Rate Changes Affect the Value of My Estate? Increases in the federal funds rate, which is set by the Federal Reserve, could have a significant impact on your heirs when they inherit your estate. Working with an estate planning attorney and a financial...
