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What is a Survivor's Trust and How It Stands Out From Other Trusts - Werner Law

What is a Survivor's Trust and How It Stands Out From Other Trusts

POSTED ON: June 13, 2023 BY: The Werner Law Firm, PC
A survivor’s trust is one part of a joint trust strategy, usually between married couples. Also known as a survivorship trust, or a spousal trust, a survivor’s trust is created when the first spouse passes away, as part of an estate planning technique usually utilized to minimize estate taxes and provide the surviving spouse with […]
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Wrongful Death Settlements Handled in California - Werner Law

How Are Wrongful Death Settlements Handled in California?

POSTED ON: June 6, 2023 BY: The Werner Law Firm, PC
How are wrongful death settlements handled in the state of California? In California, much like the rest of the United States, a wrongful death is a type of claim that can be brought against a person or an entity who is alleged to have caused a wrongful death – meaning, their inaction, ineptitude, or negligence […]
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Overview of Inheritance Laws by State - Werner Law

Overview of Inheritance Laws by State

POSTED ON: May 25, 2023 BY: The Werner Law Firm, PC
Inheritance laws by state govern much more than just who gets what. The portion of the law dedicated to inheritance invariably overlaps with systems of ownership, marriage, and taxation, to name just a few. Let us take it from the top.  The Three Systems The history of the United States, short as it may be […]
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Legitime Laws: What You Need to Know - Werner Law

Legitime Laws: What You Need to Know

POSTED ON: May 22, 2023 BY: The Werner Law Firm, PC
Legitime laws refer to a collection of different laws in countries with a civil legal system, where every legitimate heir is entitled to a minimum portion of an estate.  Legitime laws can be traced to Roman law, and are also known as the forced share, or the legal right share. Under legitime laws, an heir […]
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What is a Bypass Trust and Why Should You Consider One in Your Estate Plan? - Werner Law

What is a Bypass Trust and Why Should You Consider One in Your Estate Plan?

POSTED ON: May 16, 2023 BY: The Werner Law Firm, PC
What is a bypass trust, and do you need one? Estate planning can take many forms, but at the end of the day, most estate plans boil down to the same purpose: maximizing the sentimental and financial value of your legacy to those you care about the most.  A bypass trust is one among a […]
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Testamentary Trust vs Living Trust: Evaluating Both - Werner Law

Testamentary Trust vs Living Trust: Evaluating Both

POSTED ON: May 10, 2023 BY: The Werner Law Firm, PC
Testamentary Trust vs Living Trust An estate constitutes the total financial value of a person’s belongings at the time of their death – including their real estate, personal property, investments, financial instruments, and sentimental possessions. When you die, all of these things must go on to be distributed among the living. The probate process is […]
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Understanding Unlawful Death: What It Is and What You Need to Know - Werner Law

Understanding Unlawful Death: What It Is and What You Need to Know

POSTED ON: May 8, 2023 BY: The Werner Law Firm, PC
There comes a time for each of us to take our leave of the stage, exiting left. Some deaths mark the end of a long life lived well. Yet some deaths are the result of catastrophic errors, careless mistakes, or even intentionally unlawful conduct – robbing a person of the life they had left to […]
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Protecting Your Inherited Property: Why Estate Planning is Essential - Werner Law

Protecting Your Inherited Property: Why Estate Planning is Essential

POSTED ON: May 3, 2023 BY: The Werner Law Firm, PC
It doesn’t matter whether it’s a small fortune or something sentimental – we cherish the things our loved ones leave behind for us, and we want to protect them. Sadly, there is a lot to protect them from. The value and worth of inherited property may be diminished or affected by divorce, taxes, and even […]
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The Role of Ring Fencing in Living Trusts - Werner Law

The Role of Ring Fencing in Living Trusts

POSTED ON: April 26, 2023 BY: The Werner Law Firm, PC
Ring fencing has nothing to do with jewelry, but everything to do with protecting the assets that are most important to you – or mitigating risk in a volatile business.  Ring fencing describes the act of separating, isolating, and insulating select assets or business dealings through some form of legal arrangement. There are no formal […]
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Utilize Estate Planning to Offer Unique Employee Benefits - Werner Law

Utilize Estate Planning to Offer Unique Employee Benefits

POSTED ON: April 24, 2023 BY: The Werner Law Firm, PC
The majority of employees – over 80 percent – would take certain employee benefits over a pay raise. The value and importance of employer-provided benefits as a bargaining tool in the hiring market, and the power of providing the right non-financial incentives to ensure the comfort and wellbeing of your employees, is higher than ever.  […]
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The information on this website is for general information purposes only. Nothing on this site should be taken as legal advice for any individual case or situation. This information is not intended to create, and receipt or viewing does not constitute, an attorney-client relationship! See full disclaimer here.