Trusts are a useful estate planning tool for estate planners to be familiar with. Trusts can help estate planners manage their property during life, at death and can also help estate planners avoid the costly and time-consuming probate process. Trusts can be used...
Adding trusts for a comprehensive estate plan
Missouri residents often create a will, ensuring their loved ones and favorite charities receive real estate, jewelry and other assets after their death. Without a will, the estate goes to probate, and the court distributes property as it sees fit. Although this is an...
What type of trustee should you appoint?
As you prepare to create your will or trust, it is time to choose an executor or a trustee. When you think about executors and trustees, how can you choose someone that is right for the job? The decision can be a difficult one and one to take seriously. AARP has tips...
Is estate planning only for elderly parents?
Individuals of any age stand to benefit from creating an estate plan because it provides a family with guidelines for what to do in an emergency. Oftentimes, estate planning for elderly parents occurs when it is too late. An older parent may have already suffered from...
3 essential estate planning tools
According to CNBC, only 18% of people age 55 and older have planned for their future with three basic estate planning tools: a will, a durable power of attorney and a health-care directive. We have helped Missouri residents create estate plans that meet their...
