When it comes to estate planning—and securing your family’s future—there are many things to keep in mind. Drafting a will or setting up a trust, completing your health care documents, and updating the beneficiaries on your accounts are some of…
As you near retirement, planning your estate becomes more important than ever. If you haven’t already invested in a full estate plan, it is essential that you do so now. Your financial situation is about to change dramatically and it’s…
If you’re a trust beneficiary, you stand to receive significant income and assets when it’s time for distribution. But what happens when it comes to taxes? While it’s true that beneficiaries do have to pay taxes on the distributions they…
On December 29, 2022, a new spending bill went into effect in the United States. As part of the bill, President Biden signed into law the SECURE (Setting Every Community Up for Retirement Enhancement) 2.0 Act. Building on the original…
You’ve spent your whole lifetime working hard and building up a diverse portfolio of assets. But what will happen to everything when you pass on? This is where estate planning comes in. Estate planning is an umbrella term that refers…
Probate is the process by which a will is legally recognized, and an executor is appointed. In the state of Missouri, probate comes into play specifically when the deceased person has assets that are titled in their name with no…