Wills, Trusts & Probate Law Blog

Home » Estate Planning » Page 50

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.

An Executrix Is Entitled to Payment for Services, But How Much? - Werner Law Firm

An Executrix Is Entitled to Payment for Services, But How Much?

POSTED ON: April 19, 2021 BY: Troy Werner
When a person dies, their estate must be properly accounted for, valued, and distributed. While the dead can take some of their possessions with them to the grave, most of what they own must be distributed among the living, creditors, beneficiaries, or the state. The individual in charge of overseeing this process and ensuring that […]
Read More
How a Spendthrift Trust Can Protect Heirs From Themselves - Werner Law Firm

How a Spendthrift Trust Can Protect Heirs From Themselves

POSTED ON: April 13, 2021 BY: Troy Werner
Sometimes, estate planning is about finding ways to ensure that the wealth you leave behind for your loved ones will last if possible. This is especially important for those worried that their estate may be diminished by creditors or even heirs who are not equipped with the means nor knowledge to use their bequeathment wisely […]
Read More
What Are Grantor Trust Rules? - Werner Law Firm

What Are Grantor Trust Rules?

POSTED ON: March 31, 2021 BY: Troy Werner
A trust is a legal vehicle for holding assets and property “in trust” for another person. Trusts have three basic elements to them – the trustor, the trustee, and the beneficiary. The trustor is also called the grantor and is the creator of the trust whose assets and property are funded into the trust. Due […]
Read More
Trust Fund Basics: Everything You Need to Know - Werner Law Firm

Trust Fund Basics: Everything You Need to Know

POSTED ON: March 25, 2021 BY: Troy Werner
A trust fund is a trust dedicated to providing a wealth source for a beneficiary, usually for some time. Trust funds and trusts are generally interchangeable. The main difference is that a “trust fund” mostly describes an inheritance or estate planning tool meant to provide a source of income to a beneficiary over a period. […]
Read More
The "5 and 5 Power" in Trust Documents - Werner Law Firm

The "5 and 5 Power" in Trust Documents

POSTED ON: March 23, 2021 BY: Troy Werner
The "5 and 5 power" rule, also known as the "5 by 5 power" or "5 or 5 power" clause, is sometimes instated in trusts to let beneficiaries to a trust withdraw a certain amount of value from the trust every year before it is officially scheduled to distribute itself. To understand why this might […]
Read More
How to Establish a Blind Trust - Werner Law Firm

How to Establish a Blind Trust

POSTED ON: March 15, 2021 BY: Troy Werner
Trusts exist to hold money and assets in trust for a beneficiary on behalf of a grantor or trustor. These are legal entities defined and limited by a trust document and called into existence to separate the contents of the trust from its original owner for the beneficiary. Trusts exist in many shapes and forms, […]
Read More
Questions to Ask a Trust Attorney - Werner Law Firm

Questions to Ask a Trust Attorney

POSTED ON: March 10, 2021 BY: Troy Werner
Before you partner with a law firm, here is a list of some need-to-know questions to ask a trust attorney. A firm or attorney specializing in living trusts and estate plans can be a valuable partner nowadays. Surveys show that Americans are investing less and less time into thinking about and preparing for the future, […]
Read More
How Life Insurance Works With Wills and Trusts - Werner Law Firm

How Life Insurance Works With Wills and Trusts

POSTED ON: February 26, 2021 BY: Troy Werner
Life insurance policies exist to provide an additional financial safety net for our loved ones in the case of an untimely death or serious illness. This is especially true for primary earners or breadwinners, who may be worried about what might happen to their family if they were to disappear. Through a life insurance policy, […]
Read More
Spousal Property Petition: What It Is and When to Use It - Werner Law Firm

Spousal Property Petition: What It Is and When to Use It

POSTED ON: February 24, 2021 BY: Troy Werner
When a person dies, their belongings must pass onto the living. When no other arrangements are made, these belongings are usually distributed and passed among the next of kin according to the intestate laws in the decedent's home state. This process is supervised by a probate court and can be lengthy, depending on the decedent's […]
Read More
Duties and Responsibilities of a Conservator - Werner Law Firm

Duties and Responsibilities of a Conservator

POSTED ON: February 22, 2021 BY: Troy Werner
A conservator is appointed by a court to care for an adult who is mentally or physically disabled and incapable of caring fully for themselves, or a minor in need of an adult to manage finances and properties under their name. Conservators have a fiduciary duty to their conservatees, and the exact limits of their […]
Read More
1 48 49 50 51 52 75

Why Our Living Trust Law Firm & Probate Attorneys?

Founded in 1975 by L. Rob Werner and serving California for over 48 years, our dedicated attorneys are available for clients, friends, and family members to receive the legal help they need and deserve. You can trust in our experience and reputation to help navigate you through your unique legal matters.

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.

Book an Initial Call Now

Join Our eNewsletter and our California Estate Planning and Probate Blog Digest

Werner Law Firm logo
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.
Santa Clarita, CA Office

27433 Tourney Rd, Suite 200
Santa Clarita, California 91355

DIRECTIONS
Los Angeles, CA Office

445 S. Figueroa St., Suite 3100
Los Angeles, California 90071

DIRECTIONS
Bakersfield, CA Office

4900 California Ave, Tower B-210
Bakersfield, California 93309

DIRECTIONS
Newport Beach, CA Office

23 Corporate Plaza Dr., Suite 150
Newport Beach, California 92660

DIRECTIONS
Lancaster, CA Office

626 W Lancaster Blvd.,
Lancaster, California 93534

DIRECTIONS
Pasadena, CA Office

35 North Lake Avenue, Suite 710
Pasadena, California 91101

DIRECTIONS
Simi Valley, CA Office

2655 First St, Suite 250
Simi Valley, CA Office, California 93065

DIRECTIONS
Encino, CA Office

15760 Ventura Blvd, Suite 700
Encino, California 91436

DIRECTIONS
Oxnard, CA Office

300 E Esplanade Dr., 9th Floor
Oxnard, California 93036

DIRECTIONS
Santa Barbara, CA Office

7 W. Figueroa St., Suite 200
Santa Barbara, California 93101

DIRECTIONS
IMS - Estate Planning and Elder Law Practice Growth Advisors
Powered by