If you're an aspiring entrepreneur living in Missouri, you may benefit from learning more about choosing between the different types of business entities. The most common are sole proprietorships, partnerships, corporations and limited liability companies. Sole...
Month: January 2022
Who Will Inherit Your Digital Assets?
You may have created a will or trust to take care of the distribution of your financial assets and real property upon your death, but what about your digital assets? Remember ? if you have online accounts, you probably own digital assets that will continue to exist...
What’s the Difference between a Will and a Trust?
Trusts are only for rich people, right? Nothing could be further from the truth because trusts are often an excellent choice for many Americans with average wealth. So, what is the difference between a will and a trust and which one is right for you? What is a Will? A...
Types of Trusts Available in Missouri
You may have heard that trusts are useful estate planning tools. However, you may have no idea what a trust is or if you need one. Here is a primer to educate you about the varieties of trusts: Revocable living trusts: A revocable living trust is a document that...
Transitioning From Condo Developer Control To HOA Control
When a condominium project is developed, provisions are built into the homeowner association’s legal documents that allow the developer to exercise control over the direction of the association until a designated time in the future or until a certain percentage of...
Splitting Multiple Properties During Divorce In Missouri
Once you and your spouse have made the difficult decision to divorce, one of the most difficult decisions you will face is how to divide up your property. Since Missouri is an equitable distribution state, all assets, earnings, and debts that are accumulated during...
Seller’s Duties to Disclose in a Real Estate Transaction
Sellers of real estate have many responsibilities, and that makes the process very stressful. During a sale, the seller is required to provide a buyer with certain information. Though a seller is not required to disclose all information about the property, it is...
Is Seller Financing Right For You?
If you are selling a home or commercial piece of real estate and are having trouble finding a qualified buyer, you may wonder whether the property will move faster if you help finance the transaction yourself. In certain circumstances, seller financing may be just the...
Relevant Factors In Determining Spousal Maintenance
When a spouse files for divorce in Missouri, one spouse may be entitled to receive financial support from the other spouse. This is commonly known as alimony or spousal maintenance. If you are considering divorce, you may wonder if you are entitled to spousal...
How is Real Property Divided Equally Under a Will?
When it comes to making a will, most parents want to ensure that all children are treated equally. As such, parents will typically provide for the equal distribution of their estate amongst their children. So how does this equal division actually occur? The equal...