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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.

What Is a Contingent Beneficiary and How Do You Choose One? - Werner Law Firm

What Is a Contingent Beneficiary and How Do You Choose One?

POSTED ON: September 26, 2022 BY: Troy Werner
A contingent beneficiary is a secondary beneficiary who only inherits if the first or primary beneficiary refuses their inheritance or cannot inherit. A contingent beneficiary is not a second or third beneficiary who will inherit in addition to your first heir. If everything goes "well," the contingent beneficiary may not inherit anything. One of the […]
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What Is the Inheritance Tax in California - Werner Law Firm

What Is the Inheritance Tax in California?

POSTED ON: September 20, 2022 BY: Troy Werner
The inheritance tax is distinct and not to be confused with the estate tax, sometimes also known as the death tax. The estate tax is levied on an estate after its decedent has died. In contrast, the inheritance tax is set on the heirs receiving their respective portions of the estate in the final stages […]
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Precipitating Circumstances for a Codicil to Will - Werner Law Firm

Precipitating Circumstances for a Codicil to Will

POSTED ON: September 16, 2022 BY: Troy Werner
Your last will is the single valid version of your will that a probate court will use to determine how to distribute your estate. You may have multiple wills and numerous documents attached to each will, but only your last will is valid, as is every attributed codicil to the will. If a person frequently […]
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Why is Estate Planning Important - Werner Law Firm

Why Is Estate Planning Important?

POSTED ON: September 8, 2022 BY: Troy Werner
An estate plan encapsulates all elements utilized to preserve a person's legacy after death. This includes managing and bequeathing their belongings, anticipating and sidestepping unwanted complications, and developing strategies for unforeseen incapacity or permanent disability. Simply put, an estate plan is composed of several different contingencies and plans of action in the event of certain […]
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When and How to Use a California Small Estate Affidavits - Werner Law

When and How to Use a California Small Estate Affidavits

POSTED ON: August 29, 2022 BY: Troy Werner
When we die, our belongings are distributed among the living. Some assets and property, both tangible and intangible, have automatic rules of distribution. For example, a life insurance policy usually requires you to name at least one beneficiary when creating it, as the purpose of the policy is to leave behind a buffer to pay […]
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How To Retrieve Unclaimed Inheritance Money - Werner Law Firm

How to Retrieve Unclaimed Inheritance Money

POSTED ON: August 25, 2022 BY: Troy Werner
Everything we leave behind must be redistributed among the living when we die. However, what happens if the residents can't locate what we have left behind? What happens to forgotten bank accounts, retirement funds left inaccessible, unclaimed wages, and property with no deeds or paperwork? What happens to everything that is lost to time or […]
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What Is the Gift Tax Limit in California? - Werner Law Firm

What's the Gift Tax Limit in California?

POSTED ON: August 18, 2022 BY: Troy Werner
Ever wondered why people don't just transfer their home titles to their children while they're alive, rather than waiting until they die after being written into the will? Aside from losing out on the equity of a home or investment property holds – and thereby losing the value of that equity in your retirement years […]
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Should an AB Trust Be Part of Your Estate Plan? - Werner Law Firm

Should an AB Trust Be Part of Your Estate Plan?

POSTED ON: August 10, 2022 BY: Troy Werner
AB trusts are an increasingly uncommon albeit valuable type of living trust, specialized for wealth preservation, tax avoidance, and long-term financial planning. At its core, an AB trust requires a married couple to file a two-part trust scheme that utilizes the individual tax exemption limits to create a tax-free inheritance for their ultimate beneficiaries. AB trusts are not […]
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What's the Purpose of a Lawyer Retainer? - Werner Law Firm

What's the Purpose of a Lawyer Retainer?

POSTED ON: August 8, 2022 BY: Troy Werner
It comes as no surprise to anyone that legal work is hard work – and in many cases, expensive work. The average person does not seek the advice or help of an attorney lightly and wants to be sure that their hard-earned money will be well-spent. As such, a considerable portion of the initial negotiations […]
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How California Determines Affidavit of Heirship - Werner Law

How California Determines Affidavit of Heirship

POSTED ON: August 4, 2022 BY: Troy Werner
When we die, everything we leave behind must be transferred and distributed among the living. Yet we do not all distribute our financial and material legacy equally. Some people utilize estate plans to determine distribution, drafting different documents to establish a succession order among heirs and beneficiaries, designate beneficiaries for specific assets, hold certain assets […]
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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.

Our goal is to make your case as easy as possible for you. Hiring a lawyer can be a daunting task, but it doesn’t have to be. From the moment you contact our firm, through the final resolution of your case, our goal is to make the process easy and understandable. We cannot change the fact that probate is a long and complicated process, but through our Werner Law Firm Difference, we strive to go out of our way to keep you informed of your case through every step of the way. We are constantly refining our processes and procedures for a more streamlined and calm client experience. Our goal is to have you feel like a burden was lifted from your shoulders, and that we made the whole process an easy one

If you're dealing with a legal matter, we urge you to schedule a free initial appointment today and join the many satisfied clients who have contacted Werner Law Firm.

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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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