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...
Estate Planning
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...
Why you should avoid the internet for estate planning needs
America is a country full of people who like to take matters into their own hands. There’s nothing inherently wrong with that. After all, that’s how innovation occurs. But when it comes to estate planning, a lot of people try to navigate the system on their own to...
Talking to your parents about estate planning
Many Missouri residents put off their estate planning because they don’t want to talk about things like wills and health care powers of attorney. However, the consequences of not having an estate plan can negatively impact people during their lifetime and create...
Some reasons to consider setting up a special needs trust
If you're taking care of planning your estate, you might have members of your Missouri family who have special needs. One great way to take care of these people is by learning about everything special needs trusts have to offer. Here are a few important benefits of...