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The Effect of No-Contest Clauses in Missouri

October 31, 2023
Assume that, after long and careful consideration, you have implemented an estate plan that you consider ideal for your and your family’s needs. It disposes of your assets according to your wishes in a manner that you think...

The Pros and Cons of a Revocable Trust

August 17, 2023
Trusts — both revocable trusts and irrevocable trusts — are powerful and versatile estate planning tools that can be used to accomplish a variety of goals. But each type of trust comes with its own set of pros and...

What Are Spendthrift Trusts?

July 31, 2023
Trusts can be used to accomplish many estate planning goals. Some of the most common of those are avoidance of probate and tax planning. They can also be used effectively for asset protection. For example, let’s say that...

How Divorce Can Affect Your Estate Plans

June 30, 2023
Divorce is one of the most stressful ordeals an average person can experience, and not only due to the emotional toll it takes. It is well-known that divorce can also wreak havoc on the former spouses’ finances, with...

When to Update Your Estate Plan

May 31, 2023
As the protagonist of a 1986 teen comedy film once said, “Life moves pretty fast.” This observation is particularly relevant in the estate planning context, as life’s ups and downs can cause established estate plans to...