Parents want their children to be taken care of after they die. But children with disabilities have increased financial and care needs, so ensuring their long-term welfare can be tricky.
You may need to reevaluate some elements of your estate plan in light of the coronavirus pandemic. There are unique aspects of this crisis that your current estate planning documents may not be suited to handle.
Many types of property and investments pass outside of probate and allow you to designate who will receive them after your death. It is important that these designations are kept up to date and are consistent with the rest of your estate plan.
There are many unknowns when planning an estate, but you can’t let the uncertainties get in the way of creating any kind of plan. Having an imperfect plan is usually better than having no plan at all.
Talking about estate planning is a difficult, emotional topic but it’s essential for every family. These eight tips can help you discuss the hard topics thoroughly and respectfully and prepare you for the road ahead.
If you live in Missouri and you die without an estate plan, your estate will go through the probate court. From there, the court will order that your debts be paid and that your assets be distributed in a way that has been determined by the state of Missouri. You have no control over this … Continued
If you are like many people, you’re probably shopping around locally, looking for someone to take care of your estate planning needs, or eldercare needs for one of your parents. This can be an overwhelming process. Here are a few questions to ask: What areas of law does the firm practice? Do they just do … Continued
Which is better, a will or a trust? In the unfortunate event that you pass away or become incapacitated, you will need to allocate your assets and belongings to loved ones. There are times that a will can cause lengthy legal proceedings, as you may need to file a petition to the probate court. If … Continued