When planning for children with special needs, it takes special care to preserve their eligibility for public benefits. An ABLE account is a new way to preserve eligibility while gaining tax advantages. Read on to learn more about this new tool in planning for those who were disabled by age 26. A Special Option for Special Kids … [Read more...] about A Special Option for Special Kids
Creve Coeur Probate Law Basics
At some point in your life, there is a very good chance that you will be directly involved in the probate of an estate. Whether you were appointed to oversee the process or as a beneficiary/heir of the estate, knowledge of the probate process and the applicable laws will be critical. Even if you manage to avoid being involved in the probate of someone else’s estate, knowledge of probate law remains important because it will directly impact your own estate after you are gone. As such, you need at … [Read more...] about Creve Coeur Probate Law Basics
Survey Says LGBTQ Community Worried about Support as They Age
Members of the Lesbian, Gay, Bisexual, and Transgender (LGBTQ) community have spent decades fighting for equality and for an end to prejudice. Just when they are finally starting to see tangible results in areas such as the right to marry, another concern surfaces. Three out of four adults age 45 and older who are lesbian, gay, bisexual or transgender say they are concerned about having enough support from family and friends as they age. Many are also worried about how they will be treated in … [Read more...] about Survey Says LGBTQ Community Worried about Support as They Age
Creve Couer Estate Planning Attorneys — How Becoming a Parent Changes Your Estate Plan
If you already have an estate plan in place you are better off than over half of all Americans. Despite acknowledging the need for an estate plan, experts tell us that the majority of Americans don’t have a plan in place. Although you already have a basic plan in place, do not make the common mistake of assuming you are done with estate planning. As your assets grow, and you go through important changes in your life, you may need to make corresponding changes to your estate plan. For example, … [Read more...] about Creve Couer Estate Planning Attorneys — How Becoming a Parent Changes Your Estate Plan
St. Louis Estate Planning Attorneys Explain Joint Ownership
Creating an estate plan that functions as intended, and that accomplishes all of your goals, requires you to consider a number of important factors, including the manner in which your estate assets are held, or titled. If you are married, you most likely own some assets jointly with your spouse. Even if you are not married, you may own property, or other assets, jointly with someone else such as a partner, adult child, parent, or sibling. Because it is important to understand joint ownership, … [Read more...] about St. Louis Estate Planning Attorneys Explain Joint Ownership
5 Things You Need to Know about St. Louis Probate Law
Few people manage to make it through their entire lifetime without the need to become involved in the probate of an estate. Whether you find yourself named as the Executor of an estate, or you seem to be elected by unspoken consent to volunteer as the Personal Representative of an estate, you could end up overseeing the probate of an estate. You might also simply learn that you are the beneficiary of an estate or even a creditor. Even if you manage to avoid becoming involved in the probate of … [Read more...] about 5 Things You Need to Know about St. Louis Probate Law
Sager Family Shows Perils of Blended Families
Blended families require special planning. Communication of those plans is key to keep frictions to a minimum. This story examines the controversy in the family of sports reporter Craig Sager, who died in December 2016. Sager Family Shows Perils of Blended Families … [Read more...] about Sager Family Shows Perils of Blended Families
Age-Related Retirement Milestones
Retirement takes planning. This article includes milestone ages, such as when you must begin taking distributions from retirement plans. The article also includes links to resources which will be helpful in your retirement planning process. Age-Related Retirement Milestones … [Read more...] about Age-Related Retirement Milestones
Retirement is Complicated
Many factors go into retirement decisions. This article examines many of those factors, such as where to retire, access to healthcare, income taxation, estate taxation, property taxation, etc. This article includes many links to helpful lists. Retirement is Complicated … [Read more...] about Retirement is Complicated
Estate Planning: Simple is not Always Better
Clients often want the simplest estate planning solution possible. While keeping it simple is an understandable goal, the simplest solutions are not often the best. This article shows a couple simple solutions for estate planning and why, in most circumstances, a living trust is at the center of a more robust estate plan and more likely to provide the desired protections. Estate Planning: Simple is not Always Better … [Read more...] about Estate Planning: Simple is not Always Better
