Wills, Trusts & Probate Law Blog

What Does It Mean to File for Bankruptcy? - Werner Law Firm

What Does It Mean to File for Bankruptcy?

To most, the idea of bankruptcy is nothing if not terrifying – but when it is all said and done, bankruptcy represents the chance to start over and get out from under an unfortunate and disastrous situation. Most people assume that bankruptcy is a sign of irresponsibility and an inability to work with money – that

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The Basics of Setting up a Living Trust | Werner Law

The Basics of Setting Up a Living Trust

Regardless of where you are in life, contemplating your own death and the events that might follow is normal. We live in uncertain times, and worrying about the future is only natural. Yet what you should not be worried about is the safety of your assets in the event of your passing. Peace of mind

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Incentive Trusts: An Overview - Werner Law Firm

Incentive Trusts: An Overview

An “incentive trust” is a legal entity that holds and manages assets such as money or property for a benefactor. Basically, it is a trust that can conditionally reward a benefactor for reaching a certain goal or behaving in a certain way. This can be quite useful for someone with a large inheritance who wants

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