If you are considering using all or part of your estate to financially support a cause that is important to you, the best way for you to do that is to include a charitable trust in your estate plan. A charitable trust may sound like something that only the very...
The importance of naming a health care power of attorney
No one wants to think of what happens at the end of life, but it is an important aspect of Missouri estate planning. Making a health care power of attorney will ensure that the hospital staff carries out one’s wishes in regard to medical care and life support. ...
How to talk to your kids about your estate planning decisions
Death and money are often two of the most uncomfortable topics for people to talk about. However, scheduling a time to talk to your adult children about your estate plan can help ensure your plan is implemented smoothly when the time comes. Because talking about your...
4 reasons you might need to update your estate plan
Years ago, you went to a lawyer and drew up a will, trust and other documents so that your family would be financially secure if you should suddenly pass away. That is the right thing to do, but have you taken a look at your estate plan lately? If you do, you might be...
What are revocable living trusts and why are they helpful?
Like many people in Missouri and elsewhere, the last thing you may want to do is to consider your own mortality. However, you do want to provide for the loved ones you will leave behind. We at Hamra Law Firm LLC understand the considerations that go into estate...
Should you create a trust?
Most estate planning lawyers will try to push you into creating a trust, but the truth is that the use of beneficiary designations and/or wills can sometimes get the job done just as well as a trust would. Additionally, trusts are usually more expensive than Wills and...
Should you get started on your will?
Missouri residents all across the board often put off preparing their wills, which is entirely normal. However, with the help of , you can go through the process as easily and quickly as possible. When you begin to look into preparing your...
Estate planning before getting remarried
Anyone in Missouri who is getting married after previously being widowed has good reason to feel happy about their new love and chance for a positive future with a new spouse. However, that joy should not get in the way of taking care of some very important practical...
What is a trust and what can I do with one?
Estate planning is not hard to understand, but there can be many different aspects to it. For example, wills and trusts. For many people, they often mix the two up and basically think they are both the same thing. However, they are very different. What is a trust?...
What’s in a will and do I need one?
It's a hard topic to talk about but planning for your death with the right documents is part of caring for your family members in the future. If you have a spouse, children or living parents, it's a good idea to have a well-written will in place. A will can offer you...
