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Top Tips for Estate Planning

Top Tips for Estate Planning

POSTED ON: December 7, 2023 BY: Troy Werner
There’s a lot to keep up with when estate planning. These tips could help, from updating beneficiaries after changing your plan to understanding will-substitute options, like transfer on death.
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Do Heirs Pay Credit Card Debt?

Do Heirs Pay Credit Card Debt?

POSTED ON: December 6, 2023 BY: Troy Werner
It's a morbid yet common worry: What happens to credit card debt when you die?
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How Does a Living Trust Protect Your Legacy

How Does a Living Trust Protect Your Legacy

POSTED ON: December 5, 2023 BY: Troy Werner
A living trust won't be for everyone. However, it can provide big benefits for some. Many people use a living trust for one big reason: avoiding probate. However, there are other reasons you should seriously consider.
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Why You Should Put Your House in a Trust

Why You Should Put Your House in a Trust

POSTED ON: December 4, 2023 BY: Troy Werner
Putting a home into a trust has several benefits, from avoiding the lengthy probate process to providing potential tax advantages. This article discusses some of the intricacies of trusts and the importance of consulting with an experienced estate planning attorney. What Is a Trust and Why Is It Important? A trust is a legal arrangement where one person (the grantor) transfers ownership of their assets, like a house, to a trustee. The trustee holds and manages these assets on behalf of the named beneficiaries. One main benefit of putting property in a trust is to avoid probate, which can be…
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Should You Gift Kids Inheritance Now, or After You’ve Passed?

Should You Gift Kids Inheritance Now, or After You’ve Passed?

POSTED ON: December 1, 2023 BY: Troy Werner
Are you better off giving money to children now when you can see the results or doing it through your estate after shuffling off this mortal coil?
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The Difference Between Power of Attorney and Guardianship

The Difference Between Power of Attorney and Guardianship

POSTED ON: November 30, 2023 BY: Troy Werner
Navigating the intricate landscape of elder law can be daunting, especially when faced with the decision between guardianship and power of attorney for elderly parents. This article sheds light on the difference between guardianship and power of attorney, providing clarity on which approach might be the best fit for your family's unique situation. What Exactly Is a Power of Attorney? A power of attorney is a legal document that empowers an individual, often referred to as the agent; or attorney-in-fact; to act on behalf of another, known as the principal.
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Why You Should Coordinate the Team Behind Your Estate Plan

Why You Should Coordinate the Team Behind Your Estate Plan

POSTED ON: November 29, 2023 BY: Troy Werner
Human nature is such that we often tend to focus on the bigger and more important steps. That’s a good thing, but it doesn’t negate the need to address the secondary coordination steps.
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Selling the Family Home When Moving into New Living Situation

Selling the Family Home When Moving into a New Living Situation

POSTED ON: November 28, 2023 BY: Troy Werner
Selling a home when a loved one decides to move into an assisted living facility can present some emotional aspects that will not necessarily be present when selling one’s own home.
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What Is a Power of Attorney, Why It's Essential and How It Works

What Is a Power of Attorney, Why It's Essential and How It Works

POSTED ON: November 27, 2023 BY: Troy Werner
A Power of Attorney (POA) is a pivotal legal tool that allows one individual to grant another the authority to act on their behalf. Whether you’re planning for the unforeseen future, managing intricate financial affairs, or ensuring that someone can make healthcare decisions for you if you become incapacitated, understanding the nuances of a POA is indispensable. This article dives deep into the realm of POAs, answering vital questions and illuminating its various types and applications. What Is a Power of Attorney (POA)? A power of attorney is a legal document that empowers one person, known as the principal, to…
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Make Sure These Documents are Part of Your Estate Plan

Make Sure These Documents are Part of Your Estate Plan

POSTED ON: November 24, 2023 BY: Troy Werner
Assembling legal documents pertaining to your estate is key to ensuring that your final wishes are carried out.
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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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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.
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