by Knee Law | Nov 3, 2021 | Trusts
Mistakes to Avoid When Setting Up a Trust Trusts can keep your estate out of probate and potentially reduce taxes. You should understand how to correctly set up a trust to avoid problems and ensure your intentions are honored after your death or incapacity. Having the...
by Knee Law | Oct 18, 2021 | Estate Law, Trusts
Pros and Cons of Choosing an Irrevocable Life Insurance Trust Trusts are often an important aspect of planning your estate that can be used in lieu of a will or to complement a will. An estate planning lawyer can help you set up an ILIT, which is an irrevocable trust...
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 kneelawfirm | Sep 18, 2019 | Estate Law, Estate Planning
Designating Gifts or Guardianship for Pets Do you have a cherished pet, a dog, cat or other animal who has been a faithful and true companion? You may not realize it, but you can (and should) include your four-legged family members in your estate planning. If you...
by kneelawfirm | Aug 28, 2019 | Estate Law
Legislature Passes Aid in Dying for the Terminally Ill Act On August 1, 2019, the Aid in Dying for the Terminally Ill Act (the “Act”) became the law in New Jersey. Under the new statute, residents of New Jersey who have been diagnosed with a terminal illness, or who...