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Category: Estate Planning

Estate planning services refer to the process of managing and distributing one's assets and properties after their death, in a way that ensures the smooth transfer of wealth to the intended beneficiaries while minimizing taxes and other expenses. Estate planning services may include drafting legal documents such as wills, trusts, and powers of attorney, as well as providing guidance and advice on strategies for asset protection and wealth transfer. These services may be provided by lawyers, financial advisors, or other professionals with expertise in estate planning. Effective estate planning can help individuals achieve their long-term financial goals and provide peace of mind for themselves and their loved ones.

Preserving Your Legacy: Estate Planning for Landowners

Preserving Your Legacy: Estate Planning for Landowners

POSTED ON: May 17, 2024 BY: Troy Werner
As a landowner, planning for the future and ensuring that your property is preserved and passed down to future generations is essential. This article explores how estate planning can help landowners safeguard their legacy and ensure continuity for their family farm or ranch.
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Estate Planning and Long-Term Care: How Can Seniors Afford Skilled Nursing in Their Senior Years

Estate Planning and Long-Term Care: How Can Seniors Afford Skilled Nursing in Their Senior Years

POSTED ON: May 16, 2024 BY: Troy Werner
High healthcare costs often do not align with the fixed income of older individuals, raising concerns about affordability and accessibility. We explore the need for long-term care, why Medicare and Medicaid are not long-term options, and estate planning to plan for skilled nursing care proactively.
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Why Appointing a Guardian for a Minor Child Goes Beyond the Will

Why Appointing a Guardian for a Minor Child Goes Beyond the Will

POSTED ON: May 15, 2024 BY: Troy Werner
This article emphasizes the importance of not just appointing, but also connecting a child with their potential guardians, ensuring they're cared for by trusted family or friends.
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An Estate Plan Question: How Do My Heirs Receive Their Money?

An Estate Plan Question: How Do My Heirs Receive Their Money?

POSTED ON: May 14, 2024 BY: Troy Werner
This article explores trusts, distribution methods, and how a trust can make it easier or harder for heirs to receive the money.
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Why Estate Planning for Veterans and Active Military Is Important and What Documents are Essential

Why Estate Planning for Veterans and Active Military Is Important and What Documents Are Essential

POSTED ON: May 13, 2024 BY: Troy Werner
This article explores the importance of estate planning for veterans and active military personnel and the essential documents to include in your estate plan.
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Safeguarding against Financial Exploitation Estate Planning for Cognitive Decline

Safeguarding against Financial Exploitation: Estate Planning for Cognitive Decline

POSTED ON: May 10, 2024 BY: Troy Werner
Cognitive decline, particularly associated with conditions like Alzheimer's disease, poses significant risks for financial exploitation. This post explores practical estate planning strategies to protect vulnerable individuals when signs of dementia are noticed.
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What are the Disadvantages of Dying without a Will?

What are the Disadvantages of Dying without a Will?

POSTED ON: May 9, 2024 BY: Troy Werner
People who die without a will can leave a thicket of probate problems for loved ones.
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Why are Inheritance Conversations Necessary?

Why are Inheritance Conversations Necessary?

POSTED ON: May 8, 2024 BY: Troy Werner
Death and money aren’t fun subjects to bring up over dinner. However, families who make time for that awkward chat now can spare deep regrets and potentially millions in lost dollars.
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Safeguarding against Financial Exploitation: Estate Planning for Cognitive Decline

Safeguarding against Financial Exploitation: Estate Planning for Cognitive Decline

POSTED ON: May 7, 2024 BY: Troy Werner
As family members and caregivers notice signs of cognitive decline in loved ones, it is essential to take proactive steps to safeguard assets.  Seeking guidance from an elder law attorney to navigate complex planning issues as well as guard against financial exploitation reduces vulnerability to fraud.
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Why Communities Want Small Businesses to Have a Succession Plan in 2024

Why Communities Want Small Businesses to Have a Succession Plan in 2024

POSTED ON: May 6, 2024 BY: Troy Werner
Succession planning is elemental for small business owners, much like estate planning is for anyone with assets. Owners should have a plan ahead of retirement if they become incapacitated or pass away unexpectedly.
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