What is Missouri Estate Administration?
When a loved one passes, his or her estate must be collected and managed. Missouri estate administration is the act of gathering assets of the estate, paying the decedent’s debts, and distributing the assets to designated beneficiaries. The process of estate administration in Missouri can be very overwhelming, especially for a family that is still grieving the loss of a loved one. An experienced estate administration attorney like The Law Firm of Christopher W. Dumm can help you and your loved ones navigate the complex estate administration process in Missouri.
What Can a Missouri Estate Administration Attorney Do for You and Your Loved Ones?
Our Joplin and Springfield, MO law firms can assist your trusted appointees, such as successor trustees and executors, to understand their duties and guide in decisions during the estate administration process.
Some duties include:
- gathering, protecting, and managing assets
- file all appropriate tax returns
- pay legitimate bills
- create sub-trusts
- collect death benefits
- dissolve trusts; consider disclaimers
- distribute assets to beneficiaries’ sub-trusts
When working with a Missouri estate administration attorney at The Law Firm of Christopher W. Dumm, rest assure that your loved ones are not alone. We are there for them to make sure your instructions and the law are followed. Our goal is to provide your loved ones with legal guidance, peace of mind, and support when handling the estate administration process in Missouri.
What is Decedents Estate in Missouri?
A decedent’s estate is a natural or personal property in Missouri that an individual owns upon death. In this arrangement, an appointed individual collects the decedent assets after their debts and taxes are paid. After the debt is paid off, the remaining assets are transferred to the individual entitled to the property. At the Law Firm of Christopher W. Dumm, we can work with you and your loved ones to draft the proper legal documents and help you navigate the steps needed for transferring assets on your behalf.
The Law Firm of Christopher W. Dumm helps you and your loved ones understand Estate Planning, Elder Law, Medicaid Planning, Special Needs Planning, Tax Planning, and Business Planning. We welcome you to contact our Joplin and Springfield, Missouri offices to learn more about how we can help meet your probate and estate administration needs.