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...
by Knee Law | May 14, 2021 | Estate Law, Estate Planning, Wills
An estate that is very complex can take as long as two years to probate, but even smaller estates will require at least six months to complete the process. It is also expensive, and Americans pay an average of about $2 billion in probate costs every year. Estate...
by Knee Law | Mar 28, 2021 | Estate Law, Last Will and Testament, Wills
How Do You Create a Valid Will? Did you know that only 42% of adults have estate planning documents in place? If you do not have a will yet, it is definitely time to start thinking about it. When you write your will, you just need to take a few precautions to ensure...
by Knee Law | Mar 20, 2021 | Challenging A Will, Will Contests, Wills
Reasons That You May Want to Challenge a Will Nearly 99% of wills that are made in the United States are not contested. Even so, there are many reasons to challenge a will. A will is the last word of the testator, so the courts give it an inordinate amount of weight....
by Knee Law | Dec 31, 2020 | Inheritance, Wills
What Happens If a Parent Dies Without a Will? About 14% of individuals younger than 30 have a will, and 68% of Americans aged 65 and older have a will. What happens when someone dies without a will, and why is this document important? Here are some of the most...
