by Knee Law | Feb 2, 2022 | Wills
Understanding the 3 Main Reasons Wills Are Invalidated Did you know that roughly 3% of all wills end up being contested? These are the three most common reasons that a will ends up being invalidated. 1. Undue Influence Overall, one of the leading reasons for...
by Knee Law | Oct 26, 2021 | Challenging A Will, Will Contests, Wills
Is a Will Contest a Good Idea? According to a 2017 survey, fewer than half of respondents said that they had a written will. If a person dies without a will, state intestacy laws will likely determine how their assets are distributed. The same may be true if a will is...
by Knee Law | Aug 20, 2021 | Estate Planning, Wills
Less than half of adults in the United States report having estate planning documents that include a will. If you haven’t yet begun to explore preparing one, the impact of foregoing this step could be significant for loved ones left behind. Below, we go over...
by Knee Law | Jul 21, 2021 | Wills
Is a Holographic Will Actually Valid? Over half of all states allow people to use a holographic will to bequeath their belongings to others. However, this type of will has some unique requirements if you want it to be legally valid. Whether it can actually be used...
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...
