Estate Planning Archives - Werner Law Firm

Estate Planning

Using a Family LLC for Estate Planning - Werner Law Firm

Using a Family LLC for Estate Planning

The estate planning process aims to simplify the transfer of assets and properties between generations while minimizing costs and streamlining wherever possible. By default, dying intestate (without a will or any other estate planning documents) means that anything you own will automatically be distributed as per state law. This may not be in your best

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What Are Annuities, How Do They Work? - Werner Law Firm

What Are Annuities, How Do They Work?

Annuities are highly flexible financial instruments designed to turn an initial lump sum or series of installment payments into a larger nest egg for the future through investment. These payments are made to a financial institution, which then uses them to manage assets on your behalf until the annuity is fully paid out to you.

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Debt After Death: Can You Inherit Debt? - Werner Law Firm

Debt After Death: Can You Inherit Debt?

As more and more Americans struggle to save up for retirement and finance their end-of-life care, many surviving children will find themselves worried about the debt their parents leave behind. While debt does not die with its debtor, it also is not typically inherited. Unfortunately, it is going to become more common to die with

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Estate Planning for Unmarried Couples - Werner Law Firm

Estate Planning for Unmarried Couples

An estate plan might not necessarily be at the top of your current priority list, especially if you and your partner are young. But regardless of whether you’re in your early 20s or nearing retirement age, unmarried couples should consider putting together a few simple documents to prevent the headaches that accompany available end-of-life care

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Estate Planning With Retirement Benefits - Werner Law Firm

Estate Planning With Retirement Benefits

An increasing number of Americans are growing the bulk of their wealth through retirement accounts (such as IRAs and 401(k)s), especially as defined benefit pension plans have become increasingly rare. Few people are expecting to survive on Social Security exclusively. With this investment comes to an important question – what will you do with the

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What Is a Certified Estate Planner, Exactly? - Werner Law Firm

What Is a Certified Estate Planner, Exactly?

Whether you are looking to build your legal knowledge base or create an estate plan that best suits your needs and circumstances, it is essential to know what certified estate planner types and organizations exist and are available to you and what each entity entails requires. Certified estate planner roles exist to set an industry

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