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Estate Planning Success Supported by Speaking with Heirs

Estate Planning Success Supported by Speaking with Heirs

POSTED ON: October 15, 2024 BY: The Werner Law Firm, PC
Because we are reluctant to discuss wills, many families only learn what their loved ones want to happen with their property after funeral services, and grief has made everyone fragile. A recent article from Success, “Will Power: Why Transparency in Estate Planning Matters,” explains how family members can share their wishes with loved ones during difficult times. People not used to dealing with large sums of money may not have plans for tax-efficient wealth transfer. This includes parents who have devoted their lives to saving for retirement and need a plan both to use their accumulated wealth and pass it…
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Changes to Estate Plans After the Death of a Spouse

Changes to Estate Plans After the Death of a Spouse

POSTED ON: October 14, 2024 BY: The Werner Law Firm, PC
The death of a spouse leaves a long list of things to do, all while you’re grieving. It can be tough to know exactly what to tackle first.
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How Divorce, Death and Timing Impacted the Results of Shannen Doherty’s Estate Plan

How Divorce, Death and Timing Impacted the Results of Shannen Doherty’s Estate Plan

POSTED ON: October 11, 2024 BY: The Werner Law Firm, PC
Timing is everything, which is certainly the case regarding Doherty’s estate.
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Estate Planning for the Family Vacation Home

Estate Planning for the Family Vacation Home

POSTED ON: October 10, 2024 BY: The Werner Law Firm, PC
There is a lot to consider when deciding what will happen to the vacation property in the event of your demise but there is even more to consider in the event that you would require long-term care.
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End-of-Year Estate Planning Preparations Start Now

End-of-Year Estate Planning Preparations Start Now

POSTED ON: October 9, 2024 BY: The Werner Law Firm, PC
The year-end 2024 crunch is coming. What should you consider and do now? Many things are happening that affect your estate planning, and you need to evaluate it.
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Family Wealth Discussions: How to Talk about Money with Loved Ones

Family Wealth Discussions: How to Talk about Money with Loved Ones

POSTED ON: October 8, 2024 BY: The Werner Law Firm, PC
Family wealth discussions are never easy. Nonetheless, it’s necessary to talk about money with loved ones. Use the right approach to stay on the same page and avoid miscommunication.
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When Should I Start Doing Estate and Tax Planning?

When Should I Start Doing Estate and Tax Planning?

POSTED ON: October 7, 2024 BY: The Werner Law Firm, PC
Estate planning helps ensure that your assets will be managed and distributed according to your wishes, regardless of your financial situation.
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Are Your Passwords Protected as Well as Your Estate?

Are Your Passwords Protected as Well as Your Estate?

POSTED ON: October 4, 2024 BY: The Werner Law Firm, PC
Phone and computer passwords, crypto wallets, investment portfolios, mobile banking passcodes and even social media credentials also need a place to go when you die.
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Curated a Collection? You Need an Estate Plan for It

Curated a Collection? You Need an Estate Plan for It

POSTED ON: October 3, 2024 BY: The Werner Law Firm, PC
So the pitch that anyone with a collection needs to hear is this: Your wine needs an estate plan, because it's not going to drink itself.
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The Importance of Estate Planning for Non-Citizens with U.S. Assets

The Importance of Estate Planning for Non-Citizens with U.S. Assets

POSTED ON: October 2, 2024 BY: The Werner Law Firm, PC
Estate planning is crucial for non-citizens with U.S. assets to minimize potential tax burdens.
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