by Knee Law | May 8, 2022 | Estate Law, Estate Planning
Frequently Asked Questions About Life Estates A life estate is a type of ownership interest in property that is based on the lifespan of the owner. The owner, known as the “life tenant,” has the right to use and enjoy the property for as long as they live....
by Knee Law | Apr 4, 2022 | Estate Law, Estate Planning
Why Business Succession Should Be Part of Your Estate Plan Most people don’t like to think about what will happen with their assets upon their death, but ignoring estate planning could result in unexpected ramifications for business partners, employees and...
by Knee Law | Mar 6, 2022 | Medicaid
How Does a Medicaid Spend-Down Work? Medicaid is a federal government health care program for low-income Americans, and it is administered by individual states. Each state can set its own rules on income limits and assets, and New Jersey residents are limited to...
by Knee Law | Feb 10, 2022 | Estate Planning
Reasons to Keep Your Estate Planning Private More than two-thirds of Americans don’t have a will or estate plan in place for the distribution of their assets upon their death. Although those who earn more than $80,000 per year are the most likely to have an...
by Knee Law | Feb 6, 2022 | Estate Planning
Why Should You Designate an Alternate Beneficiary? Life is full of uncertainties, so you will want to name at least one alternate beneficiary when planning your estate. This serves as a precautionary measure in the event that your original beneficiary dies before you....