On behalf of Hamra Law Firm, LLC | May 8, 2020 | estate planning
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...
On behalf of Hamra Law Firm, LLC | May 5, 2020 | estate planning
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...
On behalf of Hamra Law Firm, LLC | May 1, 2020 | estate planning
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...
On behalf of Hamra Law Firm, LLC | Apr 20, 2020 | estate planning
Planning the next several decades comes with a lot of topics and thought, but it is all in preparation to take what you have rightfully earned and ensure that it goes to who you feel deserves or needs it most. Getting a will submitted into probate, at the end of the...
On behalf of Hamra Law Firm, LLC | Apr 17, 2020 | estate planning
In Missouri, a power of attorney is an estate planning document that authorizes a person, known as the agent, to make medical and financial decisions on behalf of the principal, who created the document. There are different ways of choosing the agent named in the...
On behalf of Hamra Law Firm, LLC | Apr 15, 2020 | estate planning
Like most of your friends and family members, you are seemingly busier than ever. In the limited amount of time you have each day, you may juggle work, family, religious, recreational and other obligations. Still, thinking about what happens to your assets after your...
On behalf of Hamra Law Firm, LLC | Apr 9, 2020 | estate planning
An estate tax, commonly referred to as a death tax, is a topic that may come up when you discuss your estate plans with friends, family or advisers. While many people are aware of the federal estate tax, some people may wonder if Missouri possesses its own estate tax....
On behalf of Hamra Law Firm, LLC | Apr 6, 2020 | estate planning
At the Hamra Law Firm, we take our responsibility to advise our clients in Missouri on proper estate planning seriously. We believe not only in the importance of establishing a good estate plan but also in managing and updating it as our clients’ lives change....
On behalf of Hamra Law Firm, LLC | Mar 30, 2020 | estate planning
While taxes are an inevitable part of life in Missouri, they do not have to follow a person into death in the form of an estate tax. A little careful planning helps lower estate tax beneficiaries incur after a loved one passes. SmartAsset breaks down several...
On behalf of Hamra Law Firm, LLC | Mar 25, 2020 | estate planning
According to Forbes, there are two significant errors you can make with your Missouri estate plan. The first is not having a plan in place at all. The second is failing to review and update your plan every three years. Considering you are here reading this, it is safe...
