When Missouri residents are considering their estate planning options, they are prone to focusing on the simplest method to pass their property onto loved ones: a will. However, there are other ways to protect assets and pass property to heirs. These can be as or more...

If you have established a trust, you will want to make sure it works in the manner you intend it to. Simply funding it will not accomplish this goal. Rather, you must include certain limitations in your trust’s provisions. By doing so, you will improve the odds that...

Trusts are among the most frequently used estate planning techniques for residents of St. Louis and the rest of Missouri. These trusts, however, come in many different colors and sizes. What may be the perfect trust for a well-off family of four may be totally unfit...

Over your lifetime you may have been committed your time and efforts to various social causes in Missouri or perhaps you went on to get a college education that served you well over the years. Many people in their 50s or 60s who are starting the estate planning...

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...

Missouri residents may have missed the news that the Internal Revenue Service has pronounced a new tax rate for certain gifts, specifically those under s.7520. For May of 2020, the rate is 0.8%—this amounts to a full 73% decrease from February of the same year. This...

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...

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...

Depending on your goals, trusts may serve as an important tool in your estate plan. However, you must understand the different types of trusts and the benefits of each. Start your research by exploring the primary types of trusts used in estate planning. Revocable...