Talking about your will with family members is never easy. Even though these conversations can prevent future conflicts and confusion, many people in Missouri avoid them entirely. Learning about the common challenges that make these discussions difficult could help...
Estate Planning
3 ways families accidentally lose SSI eligibility
When you’re trying to help a loved one stay financially stable, the last thing you expect is to accidentally put their benefits at risk. SSI rules are strict, and even small, well-intended decisions can lead to a sudden loss of eligibility if you’re not careful. Here...
How does durable power of attorney work in Missouri?
When you create durable power of attorney in Missouri, you can appoint another person (agent) to become your legal representative. Depending on the conditions of your estate planning document, your agent can be authorized to manage your health care and/or financial...
What you need to know about a living trust
There are a lot of legal vehicles you can rely upon when creating your estate plan. So many, in fact, that the process can quickly become overwhelming. But you don’t have to let confusion take hold in a time when you need direction and clarity. That’s why it’s...
How can you ensure that your assets last longer?
A lot of people who engage in the estate planning process do so to support their loved ones as much as they can. But if you’re like a lot of estate planners, then you’re concerned about how long your estate’s assets will last. You want longevity out of your estate,...
5 events that may warrant estate plan modification
Taking the time and mustering the courage to create an estate plan is no small feat. Once you have your plan created, you might breathe a sigh of relief knowing that you have the documentation in place to protect yourself, your estate, and your loved ones in the event...
Five estate planning mistakes you should avoid
If you want to create an estate plan that protects your interests, your assets, and your loved ones, then you need to know how to navigate the intricacies of the process. That might sound daunting, but your first step is to simply be aware of the common mistakes made...
Are there restrictions on the use of special needs trust assets?
Figuring out how your assets will be divided once you pass away can be challenging from both an emotional and a logistical standpoint. Many people find it difficult to think about their own mortality, and determining how best to provide for you loved ones can be...
Three ways to qualify for Medicaid while keeping your assets
The numbers are clear: there’s a good chance that you’re going to need long-term care at some point in the future. In fact, some studies have shown that as many as 70% of individuals will need long-term care sometime in their life. Another 20% of those individuals...
Estate planning for new parents
The beginning of your new child’s life is the time to address their care in case the worst happens, and you die. Making these plans for your estate can help assure that your family’s financial needs are met. Life insurance Purchasing life insurance is an important...
