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Revocable Trusts Make Sense for Retirees

Revocable Trusts Make Sense for Retirees

POSTED ON: October 11, 2023 BY: Troy Werner
If you plan to pass assets through a will, just remember that most of the time, that will becomes public once the probate estate is closed. Therefore, if you left one of your children out, left your favorite a bit more or are just a private person, you may be better off with a trust.
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Now Is the Time for Estate Planning

Now Is the Time for Estate Planning

POSTED ON: October 10, 2023 BY: Troy Werner
As life is unpredictable, it is better to start planning sooner rather than later. In fact, upon attaining the legal age of majority in your state of residence (typically at age 18), you should begin considering some form of an estate plan.
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Do You Need a Will or Trusts or Both?

Do You Need a Will or Trust or Both?

POSTED ON: October 9, 2023 BY: Troy Werner
A traditional will could be the simplest but not necessarily the best way to pass on your legacy.
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What Should I Know About Living Trusts?

What Should I Know About Living Trusts?

POSTED ON: October 8, 2023 BY: Troy Werner
Whether you've examined your options for passing along your wealth or not, you probably know that there are a number of different possibilities when it comes to managing your wealth and handing it down to the next generation.
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Who Is the Trustee of Lisa Marie Presley's Estate?

Who Is the Trustee of Lisa Marie Presley's Estate?

POSTED ON: October 7, 2023 BY: Troy Werner
The documents outline how the estate will be split between Lisa Marie's family members and specify that Priscilla will be buried at Graceland as near as possible to Elvis, her ex-husband.
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Should I Add My Pet to Estate Plan?

Should I Add My Pet to My Estate Plan?

POSTED ON: October 6, 2023 BY: Troy Werner
When it comes to pets and estates, there are two main rules to understand.
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What if Your Life Insurance Beneficiary Predeceases You?

What if Your Life Insurance Beneficiary Predeceases You?

POSTED ON: October 5, 2023 BY: Troy Werner
If you have life insurance, you know you were required to pick a single or multiple beneficiaries when you purchased your policy. When you die, the beneficiaries receive the payout from the policy.
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Three More Reasons to Have an Estate Plan

POSTED ON: October 4, 2023 BY: Troy Werner
Estate planning not only makes things easier for your loved ones if you become incapacitated or when you’re gone, but it also does these three important things.
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How to Include Digital Assets in Your Estate Plan

POSTED ON: October 3, 2023 BY: Troy Werner
Cryptocurrency has changed the nature of what can be considered an asset, and that’s affected estate planning, too, the process of allocating your assets to your heirs on your death.
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Do I Pay Taxes When I Inherit?

Do I Pay Taxes When I Inherit?

POSTED ON: October 2, 2023 BY: Troy Werner
An inheritance is a windfall that can absolutely help someone's financial situation -- but it can make your taxes tricky.
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Whether you need help creating a living trust or navigating probate, our living trust law firm's compassionate team of estate planning lawyers and probate lawyers are here to help you and ready to answer your questions.

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