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...
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Estate Planning
When to update your estate plan
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...
Should I draft my own will?
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...
Estate plans: legal instruments of broad-based relevance and utility
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...
Should I draft a will?
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...
When estate planning, be careful with beneficiary designations
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...
Is DIY estate planning a good idea?
Numerous Missouri residents like to do things for themselves rather than consult certain professionals. Being a DIYer is okay for some things, but for others, it is not the best idea. Take estate planning, for instance. Putting together an estate plan may seem like a...
No perfect time to get estate planning done
Many people in Missouri like to plan for the future, to some degree. Few, however, consider or worry about going through the estate planning process. It has its purpose, and there is no perfect time to get it done. The sooner one does it, the better. Some believe...
Missouri estate planning: Do you have a health care directive?
No one in Missouri can predict the future. No one knows if or when they might suffer a medical issue that leaves them incapacitated. Sadly, it happens, and if one lacks the proper estate planning documents, one's wishes may not be known or honored. If a person becomes...
Yes, having an estate plan is a good idea
Some Missouri residents like to live in the moment and not plan too far ahead. Then there are others who do prefer to plan things out several years in advance. Whether you are a planner or a live in the moment kind of person, there is one plan you may benefit from...