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Missouri estate planning often includes creating an advance medical directive. Some people also refer to it as a living will. In 2020, Gallup News reported that 45% of Americans reported having one. Why should you have one? Do you need an advance medical directive? An...
While no Missouri resident likes to think about the possibility of medical emergencies or incapacity, having an advance medical directive is a crucial step in ensuring that your wishes are respected and your loved ones are spared from making difficult decisions on...
When Missouri residents begin the estate planning process, some become confused about the instruments available to them to preserve their wealth for their heirs. Various trusts are one type of estate-planning tool. How do you know which type suits your wishes and your...
People often find it hard to talk to their parents about estate planning. However, the topic is important for all Missouri families to talk about to avoid future problems. These are some ways to talk with your parents about estate planning. Find a reason to talk about...
The type of documents that Missouri residents have in their estate plan will vary based on their situation, but it can be helpful to know what some of the most common ones are so that you have a better sense of what you might need. Your estate plan should be reviewed...
Planning your estate in Missouri does not end with signing the documents. You have to follow up on your beneficiaries, update the will, and review the medical directive forms and other tasks. You want your family members to avoid not receiving the assets that they...
In an effort to save money, a lot of people in St. Charles try to write their wills themselves. They might use an online service to get them started, or they might attempt to do it completely from scratch. Unfortunately, this can be pennywise and pound foolish. By not...
A Missouri couple on the cusp of retirement that possesses substantial assets. A business owner. A young married couple with a growing family. Parents duly concerned with caring for a child with special needs. An individual with existing or potential health care...
Wills are a useful legal document that helps ensure the assets and estate of a testator (the person who makes the will) disperse to their designated loved ones after their passing. Many people believe that only wealthy people need wills, but the truth is that most...
Putting together an estate plan is not necessarily difficult; it just takes time to get it right. Unfortunately, many Missouri residents do not want to take the time to go through the entire estate planning process. They think as long as they have designated...