Making gifts to one’s heirs is typically fairly straightforward. The grantor decides which of his or her heirs to make provisions for, figures out how much they should receive, and names said heirs in his or her estate...
Category: Estate Planning
Common Estate Planning Myths Debunked
January 31, 2023
Probate law and estate planning are complex concepts. While many people may think they understand how estate planning works, it is far more nuanced than most realize. Estate planning — similar to life insurance — is one...
The Rights of Accidentally Omitted Heirs
December 16, 2022
Life can change quickly. Changes such as marriages and births can result in estate plans becoming outdated and failing to take into account the presence (or absence) of certain heirs, including spouses and children. So what...
People often put off making a will, but there are many reasons why you should have one. You may believe it’s fine to create a will at a later date because you’re young and in good health, but we all know that no one can...
Does Missouri Have a Simplified Probate Process?
April 15, 2022
Probate can be a time-consuming process, but depending on the size of the deceased person’s estate, an alternate, more streamlined process might be available for the distribution of the estate’s assets to the deceased’s...
Missouri Probate Law: What Does It Mean to “Avoid Probate?”
February 28, 2022
If you’ve been looking into estate planning for yourself or a family member, chances are good you’ve seen references to avoiding probate. But what exactly does this mean, and is it something you want to do? What is...
Acting as an agent under a power of attorney is a big responsibility and it isn’t something everyone can take on. It is possible to resign or refuse the position.
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Having an estate plan is a great way to take care of your loved ones in the event of your death. But there’s more to estate planning than just a will and any related trusts. If you’ve been thinking about planning for your...
3 Reasons Why You Need a Durable Power of Attorney for Health Care
December 31, 2021
An estate plan can do more than simply provide for your heirs in the event of your death. When you create a comprehensive estate plan, you’re giving yourself the peace of mind that comes with knowing your estate is prepared...
Is an Estate Plan Better Than a Will?
November 30, 2021
Most people know what a Will is, but the concept of an estate plan is a little less well known. Do you need an estate plan rather than a Will? A Will is actually just one of the components of a comprehensive estate plan....