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People in different situations require different estate planning documents. Some testators only need a will to appoint a guardian for their minor children or name beneficiaries for their assets after they die. Others may want more thorough estate plans that include...
Estate plans typically contain testamentary documents. These documents take effect after someone dies and provide instructions about their wishes. Wills and trusts are common inclusions in modern estate plans. Yet, people also have the option of adding living...
Advance directives are customized instructions that outline the creator’s wishes for their medical care if they become incapacitated. For some individuals, including Catholics, religious considerations are an integral part of the decisions they make in this regard....
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...