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Category: Estate Planning

Estate planning services refer to the process of managing and distributing one's assets and properties after their death, in a way that ensures the smooth transfer of wealth to the intended beneficiaries while minimizing taxes and other expenses. Estate planning services may include drafting legal documents such as wills, trusts, and powers of attorney, as well as providing guidance and advice on strategies for asset protection and wealth transfer. These services may be provided by lawyers, financial advisors, or other professionals with expertise in estate planning. Effective estate planning can help individuals achieve their long-term financial goals and provide peace of mind for themselves and their loved ones.

Who Is the Trustee of Lisa Marie Presley's Estate?

Who Is the Trustee of Lisa Marie Presley's Estate?

POSTED ON: October 7, 2023 BY: Troy Werner
The documents outline how the estate will be split between Lisa Marie's family members and specify that Priscilla will be buried at Graceland as near as possible to Elvis, her ex-husband.
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Should I Add My Pet to Estate Plan?

Should I Add My Pet to My Estate Plan?

POSTED ON: October 6, 2023 BY: Troy Werner
When it comes to pets and estates, there are two main rules to understand.
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What if Your Life Insurance Beneficiary Predeceases You?

What if Your Life Insurance Beneficiary Predeceases You?

POSTED ON: October 5, 2023 BY: Troy Werner
If you have life insurance, you know you were required to pick a single or multiple beneficiaries when you purchased your policy. When you die, the beneficiaries receive the payout from the policy.
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Three More Reasons to Have an Estate Plan

POSTED ON: October 4, 2023 BY: Troy Werner
Estate planning not only makes things easier for your loved ones if you become incapacitated or when you’re gone, but it also does these three important things.
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How to Include Digital Assets in Your Estate Plan

POSTED ON: October 3, 2023 BY: Troy Werner
Cryptocurrency has changed the nature of what can be considered an asset, and that’s affected estate planning, too, the process of allocating your assets to your heirs on your death.
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Do I Pay Taxes When I Inherit?

Do I Pay Taxes When I Inherit?

POSTED ON: October 2, 2023 BY: Troy Werner
An inheritance is a windfall that can absolutely help someone's financial situation -- but it can make your taxes tricky.
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How to Pass on Family Heirlooms with Fewer Estate Battles

How to Pass on Family Heirlooms with Fewer Estate Battles

POSTED ON: October 1, 2023 BY: Troy Werner
There are better—and often more creative—ways to plan and divide that can avoid family squabbles over cars, jewelry, furniture and household items.
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How can You Make Changes to Estate Plan?

How can You Make Changes to Estate Plan?

POSTED ON: September 30, 2023 BY: Troy Werner
Wills and trusts are typically changed over time as life circumstances, the state where you reside, or your desired outcomes change.
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Why Did Actress Tori-Spelling Get Nothing in Her Dads Will?

Why Did Actress Tori Spelling Get Nothing in Her Dad’s Will?

POSTED ON: September 29, 2023 BY: Troy Werner
Tori Spelling’s ex-husband, Charlie Shanian, recently spoke to the Daily Mail about her reaction to her late father, Aaron Spelling, leaving his entire fortune to her mom, Candy Spelling. Page Six’s recent article entitled, “Tori Spelling’s ex-husband claims she cried when dad left fortune to mom Candy: ‘She was so upset’,” reports that Shanian, a screenwriter who was married to Tori from 2004 to 2006, said that the 50-year-old actress discovered before Aaron’s death and was “so upset” by the inheritance news that she started “crying.”
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Where Should You Turn for Advice When Spouse Passes?

Where Should You Turn for Advice When Your Spouse Passes?

POSTED ON: September 27, 2023 BY: Troy Werner
Losing your spouse can be a critical moment in your life, during which you’ll need support from friends and family and plenty of time to heal. You’ll also want to rally a trusted team of experts who can help a new widow through new and probably unwelcome territory.
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