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Would Your Family Benefit from a Living Trust?

Would Your Family Benefit from a Living Trust?

POSTED ON: April 5, 2024 BY: Troy Werner
Living trusts avoid the costs and time associated with the probate process. They’re also private documents, unlike wills filed with courts. They can be more easily amended as circumstances change.
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How a Teen's $250,000 Inheritance Vanished: Protect Your Heirs with a Trust

How a Teen's $250,000 Inheritance Vanished: Protect Your Heirs with a Trust

POSTED ON: April 4, 2024 BY: Troy Werner
Learn from a teen's loss of a $250K inheritance and discover how inheritance trusts can protect and guide your family's future financial decisions.
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How Does a Revocable Trust Work?

How Does a Revocable Trust Work?

POSTED ON: April 3, 2024 BY: Troy Werner
The terms ‘revocable trust’ and ‘living trust’ are commonly heard in an estate-planning context. You may hear people say, ‘My house is in trust for my children,’ or something along those lines.
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The Hidden Pitfalls of Co-Owning a Vacation Home

The Hidden Pitfalls of Co-Owning a Vacation Home

POSTED ON: April 2, 2024 BY: Troy Werner
Explore the benefits and challenges of co-owning a vacation home, and how an estate planning attorney can help prevent potential disputes.
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The Hidden Risks of Adding Your Child as a Life Insurance Beneficiary

The Hidden Risks of Adding Your Child as a Life Insurance Beneficiary

POSTED ON: April 1, 2024 BY: Troy Werner
Discover why adding your child as a life insurance beneficiary has inherent risks and explore how trusts and appointing a legal guardian can best ensure that your child’s future is secure.
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What Women Preparing for Retirement Need to Know

What Women Preparing for Retirement Need to Know

POSTED ON: March 29, 2024 BY: Troy Werner
Women live longer than men and generally make less money. This affects how they should prepare for retirement.
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Navigating the Estate Tax: What Every Family Should Know

Navigating the Estate Tax: What Every Family Should Know

POSTED ON: March 28, 2024 BY: Troy Werner
By staying informed about the federal estate tax exemption thresholds and employing strategic planning techniques, you can ensure your estate is passed on to your heirs as efficiently as possible.
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How Should a Single Person Create an Estate Plan?

POSTED ON: March 27, 2024 BY: Troy Werner
Estate planning for singles: make a will, draft a durable power-of-attorney, name an attorney-in-fact, and a health care proxy.
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Crummey Trusts: A Strategic Approach to Gifting for Your Children's Future

Crummey Trusts: A Strategic Approach to Gifting for Your Children's Future

POSTED ON: March 26, 2024 BY: Troy Werner
Learn how to qualify for the annual gift tax exclusion by maximizing the benefits of a Crummey trust. Understand withdrawal power and more.
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Maximizing Your Legacy 2024 Estate Planning Opportunities

Maximizing Your Legacy: 2024 Estate Planning Opportunities

POSTED ON: March 25, 2024 BY: Troy Werner
Use tax season to review income and expenses from 2023 and set new financial goals for 2024 to maximize opportunities.
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