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Crisis Planning From Home: Protecting Your Family, Finances During COVID-19 - Werner Law Firm

Crisis Planning From Home: Protecting Your Family, Finances During COVID-19

POSTED ON: May 8, 2020 BY: The Werner Law Firm, PC
The COVID-19 crisis continues to place a heavy burden on countless households throughout the country. To reduce its growth and spread, governments have implemented social distancing and lockdown rules. By slowing the infection rate, an encumbered healthcare system could treat those in critical condition while helping mitigate casualties. But these measures have had an additional […]
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What Is an Asset Protection Trust? - Werner Law Firm

What Is an Asset Protection Trust?

POSTED ON: April 27, 2020 BY: The Werner Law Firm, PC
Trusts are a very versatile tool in estate planning. They can be deployed to avoid the probate process, keep an estate’s total value within the federal estate tax exemption, and protect a child’s inheritance from their spending habits. Trusts are more complex and offer a greater array of possibilities than other estate planning tools, such […]
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Living Wills and Health Care Proxy Planning, Amid COVID-19 Crisis - Werner Law Firm

Living Wills and Health Care Proxy Planning, Amid COVID-19 Crisis

POSTED ON: April 21, 2020 BY: The Werner Law Firm, PC
As COVID-19 looms, ensure loved ones understand your health care proxy wishes. The U.S. is currently on the frontlines in the fight against the coronavirus, experiencing the heaviest losses in the world. It’s impossible to predict what kind of long-term impact this virus will have, both in terms of its effects on our society and […]
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Tips for Storing Legal Documents in a Safe, Accessible Location - Werner Law Firm

Tips for Storing Legal Documents in a Safe, Accessible Location

POSTED ON: April 13, 2020 BY: The Werner Law Firm, PC
You have gone through the steps, talked things through with an estate planning professional, and have signed off on the final draft of your living trust. You have registered it at your local notary, amended the paperwork on all relevant possessions to reflect your new trust, and are working closely with your trustee to make […]
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Estate Planning in a Coronavirus World: What Steps to Take Now? - Werner Law Firm

Estate Planning in a Coronavirus World: What Steps to Take Now?

POSTED ON: April 5, 2020 BY: The Werner Law Firm, PC
The novel coronavirus, and its disease COVID-19, has led to over 700,000 infections over the course of three months, with experts forecasting that things are likely to get worse until they get better. With no clear timeline for a resolution in sight, public health officials, virologists, and epidemiologists are counting on 12 to 18 months […]
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Different Types of Wills - Werner Law Firm

Different Types of Wills

POSTED ON: March 21, 2020 BY: The Werner Law Firm, PC
There are many types of wills that address differing circumstances. While most wills have similar basic requirements, each type of testament serves a specific purpose. A will is a document that reflects your last and final will regarding your belongings, as well as your current dependents. Through a last will and testament, you should aim […]
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IRS Form 1041: Estates and Trusts That Must File - Werner Law Firm

IRS Form 1041: Estates and Trusts That Must File

POSTED ON: March 2, 2020 BY: The Werner Law Firm, PC
Playwright Christopher Bullock once wrote that nothing is certain, save death and taxes. Sometimes, the two coincide, leaving behind a somewhat complicated situation. If you are not familiar with tax law, then sorting through its intricacies can be difficult. In the event of a loved one’s passing, you, or someone close to your loved one […]
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10 Questions to Ask Your Potential Bankruptcy Lawyer - Werner Law Firm

10 Questions to Ask Your Potential Bankruptcy Lawyer

POSTED ON: February 27, 2020 BY: The Werner Law Firm, PC
When shopping around for an experienced legal professional to represent you on a matter as sensitive and exigent as your own bankruptcy, it’s critical to pick the right partner. As part of that, you will want to make sure you are prepared for a rigorous screening process. Filing for bankruptcy is no simple matter, and […]
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Revocable vs Irrevocable Trust: What's the Difference? - Werner Law Firm

Revocable vs Irrevocable Trust: What's the Difference?

POSTED ON: February 24, 2020 BY: The Werner Law Firm, PC
A trust can be an excellent estate planning tool, passing assets to loved ones while avoiding the probate process, and potentially eliminating the need to pay an estate tax (when implemented correctly). But there is far more nuance to a trust than most might guess, and there is far more to implementing a revocable vs […]
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What Happens to Unpaid Bills in a Probate Matter? - Werner Law Firm

What Happens to Unpaid Bills in a Probate Matter?

POSTED ON: February 21, 2020 BY: The Werner Law Firm, PC
Death can come suddenly and unexpectedly, and it is rare to be prepared for it. As a matter of fact, nearly half of all Americans over the age of 55 do not have a will, and only 18 percent of Americans above age 55 have an established estate plan (with more than just a will). […]
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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.