Estate Planning & Elder Law Articles — page 26
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Planning for the Future: Setting Financial Goals Big and Small
In a world focused on results, it can be easy to forget about the process, and yet if it’s financial security you’re after, the process is all that matters. Lottery winners and a very few crypto millionaires aside,… Read “Planning for the Future: Setting Financial Goals Big and Small”
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Know the Difference: Beneficiary Designations vs. Wills
Estate planning is full of pitfalls and among the most common is misunderstanding the difference between beneficiary designations and wills. The issue here (at least in part) is that popular media portrays wills as the… Read “Know the Difference: Beneficiary Designations vs. Wills”
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A Step-by-Step Guide Teaching Your Children Financial Responsibility
If you’re a parent, you don’t need us to tell you that you shoulder enormous responsibility. Bringing a baby into the world and teaching them the skills they need not only to survive, but thrive, is as challenging as it… Read “A Step-by-Step Guide Teaching Your Children Financial Responsibility”
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What Most Folks Get Wrong About Estate Planning and Privacy
You could be forgiven for assuming that privacy laws protect your family’s most intimate affairs and yet, at least where estate planning is concerned, nothing could be further from the truth. Once you have passed away,… Read “What Most Folks Get Wrong About Estate Planning and Privacy”
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Estate Planning 101: Four Essential Documents for Every College Student (and Parent)
August is on the horizon and with it, the time of year that students nationwide are preparing to ship off to college. The moment is at once exciting and stressful. New possibilities collide with new responsibilities… Read “Estate Planning 101: Four Essential Documents for Every College Student (and Parent)”
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Estate Planning FAQ: How to Navigate an Unequal Inheritance
There’s nothing like the question of how to divide an inheritance fairly to give parents nightmares. Likewise, there’s nothing like parents giving more money to one child to cause conflict between siblings. Because the… Read “Estate Planning FAQ: How to Navigate an Unequal Inheritance”
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Planning for the Future: How Does the New Expansion Impact Medicaid Eligibility?
In 2020 Missouri voters approved a Medicaid expansion ballot measure and, finally, this new legislation is giving fruit—albeit slowly. The Medicaid expansion came into full effect in the state in October 2021 and yet by… Read “Planning for the Future: How Does the New Expansion Impact Medicaid Eligibility?”
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Trust Lawyers: You May Need Two Guardians for Your Minor Children
People often struggle with deciding who will serve as guardian for their minor children if they pass away. As trust lawyers, we’ve walked hundreds of families through this process. Sometimes, the family situation… Read “Trust Lawyers: You May Need Two Guardians for Your Minor Children”
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What is a Conservatorship, Anyway?
If you follow the news (or even if you don’t), you’ve probably heard the term “conservatorship” more in the last year or two than ever before in your life. Both the Britney Spears conservatorship and the Amanda Bynes… Read “What is a Conservatorship, Anyway?”
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Writing a Will in Missouri: The Do’s and Don’ts of Each Approach
When you think about all that writing a will entails, it makes sense that there would be more than one way to accomplish the task. A will communicates your final wishes including how you want your assets to be… Read “Writing a Will in Missouri: The Do’s and Don’ts of Each Approach”