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Estate Planning for a Child with Addiction: Structuring Inheritance — Scheduled

Estate Planning for a Child with Addiction: Structuring Inheritance

POSTED ON: November 6, 2024 BY: The Werner Law Firm, PC
Protect your child's future by creating a trust that supports their recovery, while safeguarding their inheritance.
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What Is ‘Omitted Child’ in Estate Planning?

What Is ‘Omitted Child’ in Estate Planning?

POSTED ON: November 5, 2024 BY: The Werner Law Firm, PC
However, in the absence of effective estate planning (that is, without executing a valid will, trust and death beneficiary forms) a child may be entitled to a portion of the deceased parent’s estate.
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Can an Irrevocable Trust Be Changed or Ended?

Can an Irrevocable Trust Be Changed or Ended?

POSTED ON: November 4, 2024 BY: The Werner Law Firm, PC
In the estate-planning world, an irrevocable trust is the ultimate ‘no backsies’ kind of trust. Once you set one of these up to give control of assets to heirs or to charity, it’s supposed to be permanent and unalterable.
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Can I Make My Dog My Beneficiary?

Can I Make My Dog My Beneficiary?

POSTED ON: November 1, 2024 BY: The Werner Law Firm, PC
In June 2019, designer Karl Lagerfeld passed away. A chunk of his fortune, amassed after decades of helming the fashion house Chanel, was left to his cat, Choupette.
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How Do I Leave Funeral Instructions for My Family?

How Do I Leave Funeral Instructions for My Family?

POSTED ON: October 31, 2024 BY: The Werner Law Firm, PC
Prearranging your funeral provides peace of mind by easing the burden on your family and ensuring that your wishes are followed.
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Estate Planning for Grandparents Raising Grandchildren What You Need to Know

Estate Planning for Grandparents Raising Grandchildren: What You Need to Know

POSTED ON: October 30, 2024 BY: The Werner Law Firm, PC
Explore legal options like guardianship and grandparent power of attorney to ensure the well-being of grandchildren you're raising.
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Here’s When You Need to Update Your Will

Here’s When You Need to Update Your Will

POSTED ON: October 29, 2024 BY: The Werner Law Firm, PC
You need to keep it up-to-date and make changes after certain events occur to ensure that your assets will be distributed according to your wishes when you pass.
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What are the Rules About Inherited IRAs?

What are the Rules About Inherited IRAs?

POSTED ON: October 28, 2024 BY: The Werner Law Firm, PC
The key to managing your inherited IRA well is understanding your options at each step of the process, from inheriting, to transfers or rollovers and management, to taking distributions.
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Why Gen Z Needs to Pay Attention to Estate Planning

Why Gen Z Needs to Pay Attention to Estate Planning

POSTED ON: October 25, 2024 BY: The Werner Law Firm, PC
The sooner you plan for how you want to disburse your assets after you’re gone, the better, even if you’re still building yours.
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Estate Planning When You’re Single

Estate Planning When You’re Single

POSTED ON: October 24, 2024 BY: The Werner Law Firm, PC
More Americans are entering their later years without people they can automatically turn to for assistance with their health and finances. Here’s how to start.
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