Life changes fast, and your estate plan should keep up. A revocable trust gives you control today and guides asset management and distribution later, without the need for probate. At the Law Office of David S. Schleiffarth, LLC, we help families across the greater St. Louis area keep their plans current and practical. This article […]
Retirement planning shapes how well your savings carry you through the years when work slows down. Many people fund 401(k)s or IRAs, yet small missteps can shave off years of comfort later on. At the Law Office of David S. Schleiffarth, LLC, in St. Louis, we focus on practical plans that protect families and their […]
Standard wealth transfer often acts like a “leaky bucket,” losing value to estate taxes at every generation. A Generation-Skipping Trust (GST) prevents this by moving assets to beneficiaries at least 37.5 years younger, typically grandchildren, while often still providing income to your children. With the 2025 lifetime exemption at $13.99 million, this strategy is essential […]
Questions about Totten trusts pop up all the time, and a lot of what people hear is half-truth at best. In St. Louis and across Missouri, we meet clients who want an easy way to pass a bank account to family without court hassles, and a revocable bank account trust, such as a Totten trust, […]
Special needs planning requires more than filling out forms. It involves careful coordination of legal tools like special needs trusts, powers of attorney, and guardianship arrangements to protect both your disabled family member’s well-being and their eligibility for essential public benefits. A misstep can lead to unintended financial or legal consequences. At the Law Office […]
A power of attorney, also referred to as an attorney-in-fact, is one of the most important tools in any estate plan. It gives someone you trust the authority to make financial matters or healthcare decisions on your behalf if you become unable to do so yourself. Without this document in place, families often face delays, […]
High net worth estates involve more than simply passing down assets; they also require a strategic approach to transferring assets effectively. Business interests, multiple properties, valuable collections, and estate tax exposure create unique legal and financial challenges. Without a clear strategy, families can face unnecessary costs, delays, and conflict. At the Law Office of David S. […]
Without a clear succession plan, even the most successful small business can face uncertainty. Whether you plan to retire, transfer ownership to family, or prepare for unexpected events, having a legal strategy in place is essential. A thoughtful plan can protect your company’s future, preserve your legacy, and reduce disruption for employees and stakeholders. At […]
Before you embark on a new business venture, you need to identify the right structure so you can set up your business correctly and insulate yourself from potential legal issues. An experienced business formation lawyer in Missouri plays a crucial role in guiding you during this early but essential decision-making process. In our comprehensive guide, […]
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