May 2015 Archives

How does transferring real estate affect estate planning?

As a person ages, he or she may choose to pass on his or her estate to family members and friends before he or she passes away. Among the assets that people generally transfer, real estate is one of the most valuable. Therefore, it is important that every Missouri resident understands certain points in order to avoid experiencing legal issues. The same rule applies when people want to sell real estate and add a name to an existing title.

Is estate planning important for singles as well?

Some single people in Missouri may not think it's necessary to have an estate plan of their own. However, succession among singles that die without a will is particularly difficult. Therefore, it is important for singles to have an estate plan that will divide their assets according to their wishes.

Why do you need to think about estate planning today?

When people plan for retirement, they don't necessarily think about estate planning. People often focus on investments to use in their advanced years. They do not think about what will happen if they pass away.

Advance Healthcare Directives for veterans in Missouri

Missouri, like other states, allows war veterans to exercise their choice in the kind of healthcare they desire. If a veteran falls ill, the doctor must explain all available modes of treatment to the patient and the patient can choose the desired mode of treatment.

What about someone's credit after that person is no more?

Many people in Saint Charles, Missouri and the rest of the country may think about what will happen to their estates after they pass away. While this may be a common concern, there may be some people who have also thought about what will happen to a person's credit record after the death of that person. People who think that credit reports after death are not important should think again because, nowadays, the existence of identity theft and fraud is extremely prevalent and that can impact the situation.