Estate Planning

Estate planning requires people to take a hard, honest look at their situations — and those of their heirs and beneficiaries. As you may come to realize, not all heirs may be able to manage their inheritances with ease. Some people just are not financially savvy...

Many otherwise responsible adults in Missouri tell themselves it doesn't matter if they put off estate planning. They want to convince themselves that there is very little risk of them dying anytime soon, so they delay naming an executor, selecting specific...

When it comes to estate planning, selecting an executor is one of the most important decisions you can make. This individual will be responsible for carrying out your final wishes upon death per your wishes and the law.  It's essential that you choose someone who has...

Before you pass on, it’s recommended that you create an estate plan. Estate plans ensure your wishes get carried out the way you want them to. They can also guarantee financial stability for chosen heirs. If you’re new to the estate planning process, you likely have...

To some people, estate planning seems entirely unnecessary. They don't have much property or any immediate family members, so they don't see the value in creating an in-depth plan for what happens when they die. Others will potentially make a trust and then think that...

If you are thinking about creating an estate plan, there is a pretty good chance you are wondering if you should set up a trust and, if so, which trust. Just like a will, this estate planning tool allows you to determine what will happen to your assets when you pass...

Trusts come in many forms and can be useful to people from all kinds of backgrounds and situations. Those who have significant assets and worry about what their family members would do with an inheritance might want to consider adding incentive trusts to their estate...

Opening financial accounts, such as checking and savings accounts, involves filling out certain forms. One of the forms you’ll complete tells the financial institution who should get the money in your account when you die. That form establishes what’s known as a...

Not everyone buys life insurance, but those who do are trying to safeguard the future for their family. If something unexpected happens to them, they want to know that their family has that safety net. They can use the money from the insurance policy in many different...

Many people put off estate planning because they have no idea where to start. While estate plans can be complex, they can also be simple and having even a basic one in place is far better than having none at all. Here are three questions that can help you make a start...