September 2015 Archives

Common reasons why people put off developing an estate plan

As people age and raise their families, many begin to see the benefits of developing an estate plan. Even if they may not possess a large amount of assets, they still see the advantages of creating the plan in order to preserve these assets for their loved ones. However, a lot of individuals still refuse to develop an estate plan even though they understand the many benefits it provides. So here are some of the main reasons why people fail to develop an estate plan.

The difference between a revocable and irrevocable trust

Trust administration is a frequent concern for people in St. Louis. It can be puzzling to understand the different possibilities that are available. Having an understanding over the basics can smooth the process and help people get exactly what they want. Part of this is knowing the difference between an irrevocable trust and a revocable trust.

Advanced healthcare directives that can be part of an estate plan

Most Missouri residents know that a will is a very important component of a good estate plan. But there are additional healthcare documents that can be included in the plan that can help cover a variety of different medical situations. So here is a look at the advanced healthcare directives that can be used in Missouri.

Wills done by legal professionals can help future generations

While human life is uncertain at times, death is often considered the only constant in a person's life. Thus, one of the most important things that a Missouri attorney will suggest to a person is to make sure that they make provisions for loved ones after their death. One of the best ways to ensure that the loved ones are taken care of, at least financially, is to write a will. A will lets the testator make provisions for various people and causes that they love and are passionate about during their lifetime.