When coming up with your estate plan in Missouri, you may want to appoint an attorney-in-fact. An Attorney-in-Fact is someone you trust and depend upon to represent you and your interests when you become incapacitated or cannot do so yourself. Understanding an...
Springfield Missouri Estate Planning And Probate Law Blog
Don’t forget about your estate plan after remarrying
If you have remarried, particularly to someone who has children of their own, some additional estate planning is likely called for. It will pay off for you to know the common mistakes that Missouri blended families make in their estate plan so you won't make them...
Medicaid trusts can help you secure long-term care in Missouri
A proper long-term care program that provides for everything you might need, as well as conditions that may emerge as the body gets weaker with age, can be expensive. So, the government established the Medicaid program to cover the cost of care the elderly need in...
Pay close attention to your beneficiary designation
Drawing up your estate plan in Missouri involves paying attention to a lot of details. Chief among these should be the ones that you will designate as your beneficiaries. This is a list that may need to see a number of updates over the coming years. Keeping it up to...
Estate planning gives your children every advantage
No matter how much or how little your assets are worth, they are your children’s legacy. Your assets are a piece of you that you are able to give to your children for them to remember you and for them to carry a piece of with you always. On many occasions, your...
The importance of powers of attorney in an estate plan
Estate planning is for everyone which is what makes it important to be familiar with estate planning documents that can help estate planners protect themselves and their interests. This includes understanding why the estate planner should have powers of attorney and...
Do I need to go through the probate process if my spouse dies?
Missourians are hard-working individuals, whether they work in the healthcare industry, the service industry the manufacturing industry or any of the many other jobs the state offers. While we work our daily lives, we may find that our jobs become more difficult if...
A plan for a special needs child is important for estate planning
Every child in Missouri has needs as they grow older and it is their parents’ responsibility to ensure that those needs are met. This can require a large amount of time and money to do, but some children will need extra care. Some children have special needs for...
Distributing assets properly after a person dies
If you are appointed to serve as an estate representative, you will be responsible for a variety of tasks. One of those tasks will be to ensure that the assets inside of the decedent's Missouri estate are distributed in a timely and proper manner. Is a beneficiary...
Should you give your house to your children while you’re alive?
For many parents in Missouri, giving their house to their children after they pass away seems like a natural part of the aging process. If the parents make smart decisions, a house could be a great investment for their beneficiaries whether they choose to live in the...