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Breach of Fiduciary Duty Must-Knows and How to Avoid It - Werner Law Firm

Breach of Fiduciary Duty Must-Knows and How to Avoid It

POSTED ON: February 12, 2020 BY: The Werner Law Firm, PC
The law is a rather precise thing – especially contract law. There is a reason lawyers stress the importance of pouring over the bylaws and the fine print. When sitting down to pen an agreement between two parties, every little detail counts. Conduct needs to be discussed twice and thrice over, conditions need to be […]
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Estate Planning: Different Types of Trusts - Werner Law Firm

Different Types of Trusts

POSTED ON: February 5, 2020 BY: The Werner Law Firm, PC
In estate planning terms, a trust is both an agreement and an entity, created for the purpose of holding assets and accounts ‘in trust’ until they are ready to be distributed to designated beneficiaries. Trusts must be ‘funded’, which involves amending the assets mentioned within the trust document to reflect that they are now part […]
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2020 Estate Planning Documents Checklist - Werner Law Firm

2020 Estate Planning Documents Checklist

POSTED ON: January 29, 2020 BY: The Werner Law Firm, PC
As we deal with this crisis, it is as good a moment as ever to take stock of your current estate planning documents. If you do not have an estate plan, then this is the time for you to set one up. Despite the term, estate plans are not just all about your estate. More […]
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What Is the SECURE Act, How Could It Affect Your Retirement? - Werner Law Firm

What Is the SECURE Act, How Could It Affect Your Retirement?

POSTED ON: January 27, 2020 BY: The Werner Law Firm, PC
The Setting Every Community Up for Retirement Enhancement (SECURE) Act, signed into law by President Donald Trump earlier last December, features a series of provisions designed largely to help Americans prepare for retirement. As the pension vanishes, more Americans turn towards partially self-sufficient means of preparing for retirement, such as the IRA and the employer-provided […]
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Leaving a Legacy, Lasting Gift to Loved Ones - Werner Law Firm

Leaving a Legacy, Lasting Gift to Loved Ones

POSTED ON: January 23, 2020 BY: The Werner Law Firm, PC
We all pass away eventually, and we all hope of leaving behind some kind of legacy. The older we get, the more important this becomes – especially as we see our loved ones grow up and lead lives of their own. With age comes time for introspection, and a thoughtful look at the past – […]
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With the New Year Upon Us, It's Time Revisit Your Estate Plan - Werner Law Firm

With the New Year Upon Us, It's Time Revisit Your Estate Plan

POSTED ON: January 20, 2020 BY: The Werner Law Firm, PC
As we enter a new decade, we gather to set our goals for the year and reflect on the progress made in the last 12 months. Just as it is time for a little spring cleaning, it might also be the perfect time of the year to revisit a crucial element of your family’s financial […]
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Step-By-Step Guide to Probate Estate in California - Werner Law Firm

Step-By-Step Guide to Probate Estate in California

POSTED ON: January 13, 2020 BY: The Werner Law Firm, PC
The thing to remember about probate is that, in a best-case scenario, it is boring. And that is a good thing. The probate estate process is not overly complex in most cases, and it does not need to be. If you are in charge of overseeing the probate estate process, it helps to have a […]
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Give Your Family the Gift of Financial Stability in 2020 - Werner Law Firm

Give Your Family the Gift of Financial Stability in 2020

POSTED ON: January 8, 2020 BY: The Werner Law Firm, PC
As we all enter a new decade, it’s likely that we each have drafted up our own plans for the months to come, with dreams of financial stability success, growth, and achievement – whether simply for ourselves, or for our families. While having a resolution for the year to come is good, it is even […]
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Are There Different Types of Wills? - Werner Law Firm

Are There Different Types of Wills?

POSTED ON: January 2, 2020 BY: The Werner Law Firm, PC
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 to clearly define who gets what within the standards required of your state’s laws. When drafting, preparing, finalizing, and notarizing a will, it pays to […]
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How Do Taxes Figure Into a Living Trust? - Werner Law Firm

How Do Taxes Figure Into a Living Trust?

POSTED ON: December 31, 2019 BY: The Werner Law Firm, PC
For some reason, there is some misconception about the role that living trusts play in the taxation of estates, and taxes in general. While some living trusts can provide certain tax benefits, it is important to distinctly note that they do not outright avoid taxes. Taxes are still an important consideration for any living trust, […]
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