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5 Goals of Estate Planning for Farmers

1. Transfer Ownership: The primary goal of estate planning is to facilitate the transfer of ownership and management of the farm business, farmland, and other assets. Estate planning ensures that the farm/ranch will be passed along to the intended party with as few complications as possible, and per your wishes, taking into account family situations, Read More

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Estate Planning for Blended Families

Issue 1: Simple wills inadequate to protect children from previous marriages: Joe (age 77) and Beth (age 75) are in a long-term second marriage. Joe has two children from a previous marriage, Ashley (age 50) and Dawn (age 48). Beth also has two children from a previous marriage, Jeremy (age 45) and Jason (age 44). Read More

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Dealing with Digital Assets in Your Estate Plan

In the 21st century, we now have to plan not only for financial and personal assets, but also for digital assets. We often forget to plan for these accounts. In Missouri, there is no law regarding digital assets. But that doesn’t mean we can’t take steps to plan. There are many reasons to do so, Read More

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Estate Planning for People with Minor Children; Guardianship

For most young parents, writing a will is less about leaving their assets than it is about naming guardians for the kids. The guardian you name in your will is the person who would take over if both you and the other parent were unavailable to raise your children. That’s very unlikely, but worth addressing Read More

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Estate Planning for the Real Estate Investor

As with most businesses, estate planning for those in the real estate investment business presents a unique set of challenges. Lender concerns, tax considerations, asset protection and family business dynamics can all play a role and there can often be tension between these areas of concern. Who Owns the Property? One of the first questions Read More

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The Staggering Costs of Dementia

Most of us know of someone who has been diagnosed with dementia. It is a costly and heart-breaking condition that is nearly doubling in numbers every 20 years. Dementia has affected the likes of Norman Rockwell, E.B. White, Rita Hayworth, Charlton Heston, Ronald Reagan, Charles Bronson, Margaret Thatcher and many others. What is Dementia? Dementia Read More

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10 Reasons to Create an Estate Plan Now!

Many people think that estate plans are for someone else, not them. But as the following list makes clear, estate planning is for everyone, regardless of age or net worth. 1. Loss of capacity. What if you become incompetent and unable to manage your own affairs? Without a plan the courts will select the person Read More

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Estate Planning 101: What Is a Will vs. a Trust Anyway?

Even if you are a person of modest means, you have an estate—so everyone needs an estate plan. The right plan depends on your individual circumstances. For some, a living Trust can be useful. For others, a Will may be all that is needed. What is a Living Trust anyway? And how does it differ Read More

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Do I Still Need Estate Planning If I Have TOD’s on All My Accounts?

We often get this question from many clients who think or have been told by financial advisors that they do not have to have any estate planning if they have TOD designations (Transfer On Death) on their bank and financial accounts.  So let’s talk about the benefits and detriments of TODs. The principal advantage of Read More

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What Kind of Estate Planning Attorney Do You Really Want?

You’ve heard the saying, “Lawyers are a dime a dozen” and it is true! With so many lawyers out there, it is important to know what to look for in a good estate planning attorney. Here are five key points to consider when searching for a lawyer that’s best for you:   1. Connection: You Read More

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    Phone: 417-986-0893
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