Chesterfield Estate Planning Blog
How creative can I be when estate planning?
To make your estate plan look the way you want it to look, you may want to get a little creative. Perhaps you plan to add conditions to trust payouts or take a non-traditional approach to how you express your end-of-life wishes. However, before you do any of this, it...
Estate planning to protect heirs from making common errors
For Missouri residents who have accrued a relatively ample portfolio and are considering their legacy, it can be worrisome if they think their heirs could make mistakes to deplete or outright lose their inheritance. As Baby Boomers age, they are increasingly thinking...
Who receives one’s property if they pass away without a will?
It can be important for people in Missouri to plan for various aspects of their lives. People plan for their children’s education, for unexpected emergencies and expenses, retirement and other events that can arise. People should also plan for one’s death as well. It...
Factors that should be used in picking a guardian in a will
Death is not a subject that people in Missouri really like to think about all the time, but unfortunately, it is inevitable. The hope is certainly that people are able to live a long, full life prior to passing away, but that is not always the case. There are many...
Intestate succession in Missouri
Most people do not know the specifics of Missouri’s intestate succession laws, but they may make a lot of assumptions about them. Intestate succession refers to the order in which a person’s estate will pass if they die without a will. Many individuals may assume that...
Estate planning for new parents
When your child is born, you probably have a lot of questions. What will they be like as they grow? Will you be able to do what is best for them? One way that you can give yourself peace of mind is to build an estate plan to protect your child’s future. Create or...
‘Pour-over’ functions in wills and trusts
Trusts are some of the most powerful tools in estate planning. They provide people with a great degree of control over their property and can be tailored to achieve many purposes, including protecting assets, avoiding probate and providing for loved ones and favorite...
The basics of the probate process
Probate is an important part of the estate planning process to be familiar with. Because probate can have such a significant impact on the way an estate is distributed, it is essential to understand what the probate process is and ways to avoid it if necessary. The...
Who can contest a will in Missouri?
When a person dies, they often leave behind a will that details how they want their assets distributed. This document is a legal document that lists the names and organizations that will receive certain assets. Most of the time, this document is a valuable piece of...
Why are some wills contested?
A carefully organized and executed will is a powerful tool in a Missouri resident’s estate plan. A personal will provides important instructions and information to individuals about how a decedent wished to distribute their assets after their death. When a will is...
