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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.

Estate Planning after a Divorce: What You Need to Know

Estate Planning after a Divorce: What You Need to Know

POSTED ON: February 29, 2024 BY: Troy Werner
Divorce significantly affects your estate plan. Therefore, it's crucial to take timely action to revise it. If you're going through a divorce or have recently finalized one, it may be time to review and update your estate plan.
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Do You Know How to Probate an Estate?

Do You Know How to Probate an Estate?

POSTED ON: February 28, 2024 BY: Troy Werner
You might have a job or just have retired, and you learn suddenly that your Great Aunt Lucy died and named you executor of her will. How hard could it be you ask to resolve an estate by yourself without professional advice or a competent professional beside you?
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What are the Important Steps in the Estate Planning Process?

What are the Important Steps in the Estate Planning Process?

POSTED ON: February 27, 2024 BY: Troy Werner
An estate plan lays out how you want your assets handled at your death or when you’re physically or mentally incapacitated. No wonder most people procrastinate creating one.
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The Pitfalls of Adding a Child to Your Home's Deed

The Pitfalls of Adding a Child to Your Home's Deed

POSTED ON: February 26, 2024 BY: Troy Werner
While adding a child to your home's deed might seem straightforward to manage your estate, it's fraught with potential problems and complications. This article reviews the implications and alternatives to adding a child to your home’s deed, with the goal of ensuring your estate plan is effective, efficient, and aligned with your long-term intentions.
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Should You Talk with Loved Ones about Your Estate Plan?

Should You Talk with Loved Ones about Your Estate Plan?

POSTED ON: February 23, 2024 BY: Troy Werner
At some point, you’ll want to share your estate plans with your loved ones—and the first step in this process may be to hold a family meeting.
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Integrating Retirement Accounts and Estate Planning

Integrating Retirement Accounts and Estate Planning

POSTED ON: February 22, 2024 BY: Troy Werner
Integrating retirement accounts into your estate plan is vital for preserving your financial legacy. This blog post covers key considerations, such as tax implications, beneficiary designations, and strategies for maximizing benefits. By understanding the role of retirement accounts in estate planning and seeking professional guidance, you can ensure that your assets are distributed according to your wishes and provide lasting benefits for your beneficiaries.
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Select Establishing an Endowed Scholarship: A Strategic Approach to Charitable Giving in Estate Planning Establishing an Endowed Scholarship: A Strategic Approach to Charitable Giving in Estate Planning

Establishing an Endowed Scholarship: A Strategic Approach to Charitable Giving in Estate Planning

POSTED ON: February 21, 2024 BY: Troy Werner
Discover the transformative power of endowed scholarships in estate planning. Plan to create a lasting legacy while providing invaluable support for students. From the endowment process to managing tax implications, this article offers insights and strategies for making a meaningful impact.
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Estate Planning for Unmarried Couples or Non-Traditional Families

Estate Planning for Unmarried Couples or Non-Traditional Families

POSTED ON: February 20, 2024 BY: Troy Werner
Estate planning is essential for unmarried couples and non-traditional families, offering vital protection and recognition for partners and loved ones. This article explores key elements, from wills and trusts to tax implications and blended family considerations, tailored to the unique needs of these groups. By working with experienced estate planning professionals, individuals can ensure their wishes are honored and their families are safeguarded, regardless of marital status or family structure.
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Key Considerations to Transfer Property after Death

Key Considerations to Transfer Property after Death

POSTED ON: February 19, 2024 BY: Troy Werner
Navigate the complexities of transferring property after death with strategic estate planning. From understanding probate and the role of wills to exploring living trusts and beneficiary designations, this article offers key insights and considerations for safeguarding your assets, honoring your wishes, and creating a tailored plan with the guidance of experienced estate planning professionals.
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Select Estate Planning When a Loved One Needs Hospice Care Estate Planning When a Loved One Needs Hospice Care

Estate Planning When a Loved One Needs Hospice Care

POSTED ON: February 16, 2024 BY: Troy Werner
While last-minute estate planning poses challenges, some steps can be implemented to tackle crucial considerations.
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