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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.

Digital Life Lives on After You’re Gone, Unless You Plan Ahead

Digital Life Lives on After You’re Gone Unless You Plan Ahead

POSTED ON: April 11, 2024 BY: Troy Werner
We all have a digital footprint that does not necessarily die with us. There are three things you should do to best prepare your executor, trustee or other personal representative to properly handle your posthumous digital affairs.
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Do You Need to Worry About Estate Taxes in 2024

Do You Need to Worry About Estate Taxes in 2024?

POSTED ON: April 10, 2024 BY: Troy Werner
Often clients are anxious to make annual gifts with the mistaken belief that their heirs will pay a tax at their death.
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A Well-Rounded Estate Plan Addresses Cognitive Decline

A Well-Rounded Estate Plan Addresses Cognitive Decline

POSTED ON: April 9, 2024 BY: Troy Werner
We explore the critical importance of addressing cognitive decline in estate planning to safeguard assets and ensure intended inheritance.
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Estate Planning Checklist for 2024: A Comprehensive Guide

Estate Planning Checklist for 2024: A Comprehensive Guide

POSTED ON: April 8, 2024 BY: Troy Werner
Estate planning is more than writing a will; it’s a plan to manage and distribute assets to your dependents. It documents your healthcare preferences, so a loved one decides on medical care according to your wishes. The National Council on Aging (NCOA) Adviser’s article, “Estate Planning Guide and Checklist for 2024,” offers a comprehensive overview of what to consider when planning your estate. This blog post distills the key points from the article and provides an actionable checklist for 2024. Understanding Estate Planning Estate planning organizes your affairs to fulfill your wishes after you pass away. It encompasses decisions about…
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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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Hiring a lawyer can be a daunting task, but it doesn’t have to be. From the moment you contact our firm, through the final resolution of your matter, our goal is to make the process easy and understandable. Through our Werner Law Firm Difference, our goal is to have you feel like a burden was lifted from your shoulders, and that we made the whole process an easy one

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The information on this website is for general information purposes only. Nothing on this site should be taken as legal advice for any individual case or situation. This information is not intended to create, and receipt or viewing does not constitute, an attorney-client relationship. See full disclaimer here.
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