Figuring out family dynamics during a divorce can be challenging as each family has specific needs. One of the options that some Missouri parents whose marriage has come to an end might consider is nesting. What is nesting? When families choose the nesting...
Estate Planning
Advanced directives and their purpose in estate planning
Advance directives in Missouri are legal documents that allow individuals to plan for their medical care if they cannot make decisions for themselves. These documents can include a living will, a do not resuscitate (DNR) order and a durable power of attorney for...
How to use portability in your Missouri estate plan
Most Missouri residents won’t have to deal with some of our government’s most complicated rules regarding estate taxes. However, if your family is wealthy, you might be impacted by the latest IRS change which could reduce the estate taxes levied at the time of a...
Considerations when leaving your house to your loved ones
Your family home holds memories of everyone who grew up, visited and celebrated holidays there. Many people might assume that a house in Missouri may be an ideal gift for the next generation. However, as you draw up your will, it is critical to consider the financial...
Estate planning mistakes to avoid in Missouri
Estate planning can be a difficult process, but it is crucial for ensuring that your assets are distributed in the way you want after your death. Unfortunately, many people make common mistakes when creating their estate plans, leading to confusion and conflict among...
How to remove your spouse from your will in Missouri
Missouri law doesn't allow you to completely remove your spouse from your will. Surviving spouses have a legal right to your estate regardless of what your will states. To securely remove your spouse from your will, you need to either formally disinherit them or...
Special needs planning in Missouri
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....
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...