As estate planning attorneys serving Missouri residents, we often talk about what it means to be truly prepared for the future. So many people, especially young adults, fail to grasp the importance of estate planning. They believe only wealthy individuals need estate planning, or they think, “I’m pretty healthy. What could go wrong?” In a [...]
By Brian G. Quinn Think Estate Planning for Young Couples can be ignored? Guess again. I'm an estate planning attorney in my thirties. Many of my friends and family are getting married and having children. They often ignore the subject of estate planning, thinking that "Estate planning for young couples simply isn't necessary." That's a [...]
Creditors, predators and lawsuits – OH MY! Do you have the kind of protection that gives you peace of mind? Over the last two decades, asset protection planning has become a crucial aspect of most estate planning. The creative use of irrevocable trusts can be one of the most powerful tools in estate planning and [...]
Asset Protection 102 – The Missouri Qualified Spousal Trust What in the World is a QST – Qualified Spousal Trust? As a married man or woman, is protecting your wealth from creditors, predators, lawsuits and bankruptcy important to you? Is it also important to ensure that your wealth is available to you in the event [...]
Asset Protection 101 Is protection from creditors, predators, lawsuits and bankruptcy important to you? This is a common question I will ask my clients as we identify their estate planning goals. If their answer to my question is “yes”, we have a discussion about asset protection planning. Asset protection planning has become especially important in [...]
NOTE: We posted this information in November of 2011. AS OF NOVEMBER 2018, THE UPDATED RULES ARE AVAILABLE HERE “ATTENTION VETERANS: Qualifying Veterans May Receive Up to $23,396* per year to help pay for Home Care, Assisted Living, Skilled Nursing, Adult Day Services, etc.” said an advertisement in a recent addition of the local [...]
You have most likely heard someone say that you should avoid probate. I often meet with clients who have experienced the probate of the property of their parents or some other relative. They are adamant that they want to spare their children the difficulties they themselves encountered. The problems most frequently mentioned are the [...]