If you have a child, relative or friend with special needs, understanding how Missouri laws can impact your estate plan can help you plan for their future. Care must be taken to ensure they can benefit from government programs while you provide for their future....
Estate Planning
When more than a will is necessary
Creating a will is the most basic form of planning, but its terms are simple and mainly involve an individual's belongings. In Missouri, residents use other forms of planning to protect their estates. Purpose of a will A will describes the planned outcome of your...
Estate planning basics for blended families
A well-crafted Missouri estate plan can help ensure that your assets are distributed according to your wishes after you die. If you are in a blended family, it is important to have an estate plan that reflects your unique situation. Have a clear understanding of your...
Items to consider when estate planning
Estate planning might be worth exploring even when someone is young or has few assets. Of course, those with significant net worth and broad business interests could find detailed estate planning helps their heirs. No matter the size and scope of an estate, a planner...
Facts about beneficiary designations in Missouri
Estate planning is not just for the wealthy: Everyone should have a plan in place for what will happen to their assets when they die. One important part of estate planning is designating beneficiaries. Beneficiary designations are often overlooked, but they can be...
Which duties are carried out by estate administrators?
Everyone who dies with possessions has an estate. How their estates get administered and disbursed depends on their plan. Now when a public hearing is necessary in Missouri, estates get disbursed with the help of an executor. The executor's role, interestingly, is the...