Estate Planning, Medicaid Planning and Probate Blog

St. Louis Estate Planning, Medicaid Planning, and Probate Law Firm

Estate Planning

Estate planning services refer to the process of managing and distributing one’s assets and properties after their death, in a way that ensures the smooth transfer of wealth to the intended beneficiaries while minimizing taxes and other expenses. Estate planning services may include drafting legal documents such as wills, trusts, and powers of attorney, as well as providing guidance and advice on strategies for asset protection and wealth transfer. These services may be provided by lawyers, financial advisors, or other professionals with expertise in estate planning. Effective estate planning can help individuals achieve their long-term financial goals and provide peace of mind for themselves and their loved ones.

Estate Planning for Art Collectors in Missouri: Protecting Valuable Collections
Protecting an art collection with estate planning ensures that its value and legacy are preserved for future generations.
Learn how to simplify your estate for your heirs. Get started by updating and finalizing your estate planning documents.
It’s easy to put off doing many of these things. However, get them done, and your heirs will be thankful you did.
Discover the challenges of sibling conflicts over family inheritance. Find helpful tips for resolving disputes and communication issues.
This is the perfect time to get an estate plan in place, or if you have one already, to make sure your plan is updated for changes in the law and that it reflects your current intentions.
Can you revoke an irrevocable trust? Recent news sheds light on the complexities of challenging an ironclad legal structure.
Murdoch’s succession plan sheds light on whether an irrevocable trust can truly be changed, revealing key insights for estate planning.
Stay prepared for the future with an updated will. Find out the key times when you should consider making changes to your will to protect your wishes.
You need to keep it up-to-date and make changes after certain events occur to ensure that your assets will be distributed according to your wishes when you pass.
While most Americans aren’t in the market for tax shelters, the allegations in this case are a reminder of what can happen when taxpayers ignore professional advice and common sense on taxes.
Discover how to safeguard your property and qualify for long-term care with Medicaid in Missouri. Learn about asset protection plans and exemption criteria.
Because we are reluctant to discuss wills, many families only learn what their loved ones want to happen with their property after funeral services, and grief has made everyone fragile. A recent article from Success, “Will Power: Why Transparency in Estate Planning Matters,” explains how family members can share their wishes with loved ones during difficult times. People not used to dealing with large sums of money may not have plans for tax-efficient wealth transfer. This includes parents who have devoted their lives to saving for retirement and need a plan both to use their accumulated wealth and pass it…
A revocable trust allows assets correctly transferred into the trust during the grantor's lifetime to bypass probate. This can simplify asset distribution and help preserve privacy.