Trusts — page 3
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Living Trusts in Missouri: Pros and Cons You Need to Know
Planning Your Legacy Starts Here When it comes to planning your legacy, a living trust can be a powerful tool in managing your assets both during your lifetime and after your passing. But is a living trust in Missouri… Read “Living Trusts in Missouri: Pros and Cons You Need to Know”
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Trust vs. Will: Which Is Right for Your Estate Plan?
Estate planning is one of the most critical steps you can take to ensure your loved ones are cared for and your assets are distributed according to your wishes. By preparing for life’s certainties—like taxes, legal… Read “Trust vs. Will: Which Is Right for Your Estate Plan?”
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Testate vs. Intestate Succession: Navigating the Path of Inheritance
When it comes to the intricate world of inheritance, understanding the difference between testate and intestate succession is key. Let’s break it down, keeping it simple and clear, as if we’re having a casual chat over… Read “Testate vs. Intestate Succession: Navigating the Path of Inheritance”
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How and When to Modify an Irrevocable Trust
Irrevocable trusts are a common tool in estate planning, designed to provide asset protection, minimize taxes, and ensure a smooth transfer of wealth to beneficiaries. However, despite their “irrevocable” label, there… Read “How and When to Modify an Irrevocable Trust”
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Reasons to Modify a Living Trust, and How to Do It
As life circumstances change, it’s important to periodically review and modify estate planning documents to ensure that they continue to meet your needs and goals. One commonly used estate planning tool is the living… Read “Reasons to Modify a Living Trust, and How to Do It”
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‘Tis the Season: How Charitable Giving Benefits Your Community and Your Estate
Modern Christmas is about a lot of things and yet giving has remained a core value of the holiday. When we gather with friends and family, we give our time. When we awaken on Christmas morning, we give gifts to our… Read “‘Tis the Season: How Charitable Giving Benefits Your Community and Your Estate”
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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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Reasons to Establish a Family Trust
We wanted to share a blog post from a friend of ours. Thomas Glascock is an estate planning attorney out of New York. We work together in the National Network of Estate Planning Attorneys to help each other create… Read “Reasons to Establish a Family Trust”
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Unmarried and No Children? You Still Need an Estate Plan
If you are unmarried and have no children, you are probably not financially responsible for anyone else. Does this mean you are exempt from having an estate plan? The answer is a resounding no. You still need to have a… Read “Unmarried and No Children? You Still Need an Estate Plan”