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...
One significant aspect of estate planning is transferring your assets to your children after your death. Usually, you will assign each asset to its recipient in your will, and your executor will carry out your wishes after you pass. However, many people might believe...
While you are not legally required to have an estate plan, the practice is important in caring for your estate and your family. Without it, your estate will go through probate and the courts will decide what happens. As you consider creating an estate plan, begin by...
Some Missouri residents are not big on planning ahead. They may think that everything will fall into place as it is supposed to, or they may not like planning because no one follows instructions anyway. The latter may be true for you and other parents who have...
As you get older, you may have many important life aspects to think about. You may look forward to certain events, like retirement, but you may also worry about other potential issues, like suffering from an injury or illness in your later years. While some people may...
Some Missouri residents may not put much stock in estate planning. After all, they may not have a considerable amount of wealth or feel like anyone needs specific instructions about what to do with their remaining affairs after their passing. However, those ideas...
Parents of adults with disabilities go to great lengths to ensure their child has a stable future. This often requires shrewd financial planning. Loving parents need to account for all the possible needs of that child – not just in the present, but long into the...
If something should happen to you, do you know who will make decisions on your behalf? Unless you take legal action, it might not be the person you want. Before you are in this situation, you can file a Power of Attorney (POA) to outline what you want to happen to...
