In some Missouri families, conflicts can escalate to the point of estrangement, causing various difficulties. When creating an estate plan, individuals may struggle with how to proceed due to the significant financial and personal implications involved. Estrangement...
If you are like many homeowners in Missouri, your family home is probably your most treasured and valuable asset. For this reason, you may want to plan your estate accordingly to ensure a safe and efficient transfer to your heirs. There are various options, including...
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...
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...
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...
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...
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...
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...
