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November 2017 Archives

When should I review my estate plan?

If you are one of the people in Missouri who has spent the time and energy to make a will, trust or other estate planning document, you should be pleased with yourself for taking this step. However, you should now ask yourself how long it has been since you have reviewed those items? Your estate plan should never be considered static because your life is not static. People come into your life either via marriage or birth. Similarly, divorce and death may take people out of your life.

Who can you give power of attorney?

The future is an uncertain thing. So, there are many concerns you may have about it. This includes concerns that a medical condition you have or are at risk for may someday cause you to be unable to make decisions for yourself.

What happens when someone dies without a will?

A will is likely one of the last aspects of life most would choose to discuss. Yet when an unexpected death occurs, family members are often left to pick up the pieces. To make matters worse, some surviving family are swept into discord over the deceased family's will. What happens when someone dies without a will in Missouri, and are there any clear solutions to this potentially tricky issue?

Do you have to amend your will after your divorce?

You are encouraged to begin your estate planning early on in your adult life. Yet this process is not something that is undertaken and then immediately over; rather, it should be fluid, with changes constantly being made as your own circumstances in St. Louis evolve. One major life event that will affect significant changes to your estate is your marriage. You will no doubt want to make changes to accommodate your spouse (and any children you two may have together). Yet what if you later choose to divorce? 

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