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When an unfortunate divorce occurs, estate planning is essential to ensure that all assets have been divided properly and will go to the proper beneficiaries at death.  Those chosen beneficiaries often change after the ending of a marriage relationship. Why Updating Your Estate Plan After a Divorce Is EssentialEven under the best circumstances, divorce can be […]

Freelancer’s often hold unique assets, including LLC interests, intellectual property and digital interests.  Estate planning is even more important for individuals whose assets are “off the beaten path” a little. Sometimes it seems the estate planning world is rigged to accommodate married couples with children, with steady jobs in the corporate world.  When a person is […]

In order to avoid the frittering away of assets by an irresponsible heir (typically) a child, an individual can chose to keep the person’s inheritance in trust, with rules limiting the beneficiary’s access to trust assets. Estate Planning in Missouri: How to Protect Your Legacy from an Irresponsible HeirEstate planning is an essential step to ensure […]

When a person dies without a will, his assets are distributed in accordance with the applicable state’s “intestacy” laws. Under statutory intestacy laws, assets are distributed to the decedent’s nearest relatives.  Executing a will or trust allows the individual to select chosen beneficiaries to receive the person’s hard-earned assets. Why You Need a Will: Understanding the […]

During the initial meeting with the probate attorney, the beginnings of your plan to efficiently handle the probate process will take shape.  Bringing vital information, including full names, addresses and ages of all beneficiaries, children and chosen fiduciaries, as well as full information on all estate assets, is a great place to start. What to Bring […]

There are many misconceptions that come with vague knowledge of the estate planning process.  Contacting a trained professional and getting a well-prepared, fully thought-through estate plan can ensure that misinformation does not hurt during future life events. Don’t Fall for These Common Estate Planning MythsHaving a well-crafted, up-to-date estate plan gives you peace of mind […]