There is a very good chance that at some point in your life you will need to retain the services of a probate attorney. Of course, in order to know when you need a probate attorney, you need to have a clear understanding of what a probate does. What type of legal matters does a probate attorney handle and how do you know when it’s time to consult with one? Understanding Attorney Practice Areas A common misconception is that attorneys, like doctors, choose an area of specialty within the law … [Read more...] about What Does a Probate Attorney Do?
5 Things You Need to Know about Wills and Trusts
If you have yet to create an estate plan, it may be because of the often confusing nature of the estate planning process. Many people find the thought of creating an estate plan intimidating if for no other reason than because they know very little about it. The best way to get started, therefore, is to learn more about estate planning, and the best place to start is with wills and trusts. Why wills and trusts? Because they are two of the most commonly used estate planning tools, meaning you … [Read more...] about 5 Things You Need to Know about Wills and Trusts
How Do I Create a Missouri LLC?
Starting a small business involves making a number of decisions. Among the most important of those decisions is which business structure to choose for your business. That decisions alone can dramatically impact things such as taxation, liability, and investment in your business. There are several different business structures from which you can choose, including a Limited Liability Company, or LLC. If you are considering forming a Missouri LLC, it is in your best interest to learn more about how … [Read more...] about How Do I Create a Missouri LLC?
What Is a Revocable Trust Account?
The primary goal of an estate plan is typically to create a roadmap for the distribution of estate assets upon the death of the individual creating the plan. A comprehensive estate plan, however, will also include a variety of additional interrelated goals and objectives. In order to create a well thought out and all-inclusive estate plan, it is best to work closely with both your Missouri estate planning attorney and financial planner. Before you can begin on your estate plan, however, it is … [Read more...] about What Is a Revocable Trust Account?
Top 5 Basic Estate Planning Documents
For many people, the idea of creating an estate plan is a bit intimidating. One reason for that is the simple fact that estate planning involves legal concepts, strategies, and documents that the average person is unfamiliar with because they are not typically used outside of the estate planning process. If you have yet to create your estate plan, the time to do so is now to ensure that you, your assets, and your loved ones are protected both now and in the future. To help make the process of … [Read more...] about Top 5 Basic Estate Planning Documents
Students with Special Needs to Benefit from New Missouri Law
In the 21st century, just about anything that can be done electronically is being done electronically. Even the healthcare industry is now taking advantage of the convenience offered by internet communications and video conferencing. No need to leave your house to see a doctor anymore – just log onto the internet and schedule a video visit for routine health concerns. Parents of children with special needs in Missouri will soon be reaping the benefits of all this new technology thanks to a … [Read more...] about Students with Special Needs to Benefit from New Missouri Law
5 Things You Need to Know about St. Louis Medicaid
You may not realize it at the moment, but there is a very good chance that you will turn to Medicaid for help at some point during your retirement years. Why would you suddenly need Medicaid if you have never before relied on Medicaid? The answer can be found in the likelihood that you will need long-term care at some point before you die. The longer you live, the greater the odds that long-term care will be needed. That, in turn, leads to the need to qualify for Medicaid benefits to help cover … [Read more...] about 5 Things You Need to Know about St. Louis Medicaid
What You Need to Know about Missouri Inheritance Tax
Deciding how to divide your estate when you are gone may be the primary reason for creating an estate plan; however, there are also a number of other important reasons. One of those reason is to limit the impact that taxes will have on your estate when your estate is probated. You may already have some idea how federal gift and estate taxes can impact your estate but what about other taxes? For example, will your estate incur Missouri estate taxes? Will your beneficiaries and heirs have to pay … [Read more...] about What You Need to Know about Missouri Inheritance Tax
Why Do I Need to Understand Missouri Probate Law?
Unless you are directly involved with the legal system in your career, there is little reason for you to learn any more than the basics about most areas of the law. If you are a resident of the State of Missouri, however, Missouri probate law may be an exception to that general rule. Why would you need to have more than a basic understanding of Missouri probate law? Because there is a very good chance that you will be involved in the Missouri probate process at some point in your life. Even if … [Read more...] about Why Do I Need to Understand Missouri Probate Law?
Will You Qualify for Government Benefits in St. Louis as a Senior?
You may have made it through your entire working years without ever needing to qualify for government assistance of any kind. In fact, you likely took pride in the fact that you never needed to rely on government benefits to support you or your family while you were able to work. As you near your retirement years, however, that may change. Almost all seniors count on receiving Social Security retirement benefits and Medicare and over half of them eventually realize the need to qualify for … [Read more...] about Will You Qualify for Government Benefits in St. Louis as a Senior?
