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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.

Is It Common for Siblings to Fight Over Inheritance?

Is It Common for Siblings to Fight Over Inheritance?

POSTED ON: September 12, 2024 BY: Troy Werner
When there's bad blood over an inheritance, you can challenge the trustee—but try talking first.
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Select What are the Essentials of Estate Planning? What are the Essentials of Estate Planning?

What are the Essentials of Estate Planning?

POSTED ON: September 11, 2024 BY: Troy Werner
Estate planning is a broad term that can look different for everyone. You should become familiar with two basic documents: a will and a trust.
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What's the Difference between Primary and Contingent Beneficiary?

What's the Difference between Primary and Contingent Beneficiary?

POSTED ON: September 10, 2024 BY: Troy Werner
Contingent beneficiaries provide a safety net, if the primary beneficiary cannot receive the assets from an estate or proceeds from a life insurance policy or retirement account.
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Select Black and Hispanic Individuals Less Likely to Have an Estate Plan or Receive Inheritance Black and Hispanic Individuals Less Likely to Have an Estate Plan or Receive Inheritance

Black and Hispanic Individuals Less Likely to Have an Estate Plan or Receive Inheritance

POSTED ON: September 9, 2024 BY: Troy Werner
Inadequate access to estate planning frequently prevents Black and Hispanic families from passing down wealth, which perpetuates the racial wealth gap.
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Increase in Estate Planning for Gen-Z

Increase in Estate Planning for Gen-Z

POSTED ON: September 6, 2024 BY: Troy Werner
Gen Z is setting an example by taking control of their financial futures early, showing an unexpected interest in estate planning.
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How Estate Planning Prepares for Unexpected Medical Events

How Estate Planning Prepares for Unexpected Medical Events

POSTED ON: September 5, 2024 BY: Troy Werner
None of us can predict the future. However, we can make sure that someone is capable of advocating for us if we are suddenly unable to advocate for ourselves due to accident or illness.
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The Importance of Estate Planning for Expecting Parents

The Importance of Estate Planning for Expecting Parents

POSTED ON: September 4, 2024 BY: Troy Werner
Estate planning ensures that your children will have the future you want for them no matter what happens to you.
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Only 32% of Americans Have a Will

Only 32% of Americans Have a Will

POSTED ON: September 3, 2024 BY: Troy Werner
Only 32% of Americans have a will. However, even if you believe you lack assets, going without a will is a big mistake.
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Well-Played: Country Legend Toby Keith's Legacy Protected for His Family

Well-Played: Country Legend Toby Keith's Legacy Protected for His Family

POSTED ON: September 2, 2024 BY: Troy Werner
Learn how country legend Toby Keith protected his family's future through careful estate planning and why starting early is crucial for everyone.
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What Should You Do when a Hospitalized Sibling Is About to Receive an Inheritance?

What Should You Do when a Hospitalized Sibling Is About to Receive an Inheritance?

POSTED ON: August 30, 2024 BY: Troy Werner
You may need to petition the courts for guardianship or conservatorship, the terms of which vary from state to state.
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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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