Category: Estate Planning

Estate Planning for Cryptocurrency

Cryptocurrency is a unique financial asset. Accordingly, it requires unique consideration when planning your estate. Financial assets such as retirement accounts or checking accounts, are typically transferred to your trust by listing the trust as a beneficiary, POD (payable-on-death designee), or via a similar convention. However, any cryptocurrency stored in your digital wallet is intended […]

Published on May 28, 2021

Navigating the Intersection of Beneficiary Deeds, TODs, and Your Will

The implications of utilizing non-probative transfers, such as Beneficiary Deeds and POD/TOD designations, can be tricky to understand when preparing a Will. Rule #1: Wills have no control over assets transferred by Beneficiary Deed or TOD A common scenario: a client wants to avoid probate, so they apply “non-probative transfers” to their assets. By non-probative […]

Published on April 14, 2021

Types of Transfer Deeds in Missouri

What are the differences between General Warranty Deeds, Special Warranty Deeds, and Quitclaim Deeds? In Missouri, there are three primary types of deeds used to transfer title to a piece of real estate: a General Warranty Deed, a Special Warranty Deed, and a Quitclaim Deed. Each type of deed provides a different level of assurance […]

Published on October 24, 2020

Prenuptial Agreements as an Estate Planning Tool

Prenuptial agreements can play an important role in estate planning–particularly for spouses with children from former relationships. Prenuptial agreements can serve many important purposes. 1. The more obvious purpose—separating marital property from individual property in the case of a divorce. 2. An often overlooked, but equally important function—separating marital property from individual property for estate […]

Published on October 7, 2020

Advance Health Care Directives: The Importance of Making Hard Decisions

Making decisions in your Advance Health Care Directive can be emotionally challenging. Here’s why you should do it anyway. It is not uncommon for clients to feel uncomfortable discussing Advance Health Care Directives. One major reason for creating an Advance Health Care Directive is to tell your family and doctors when you would like to […]

Published on September 30, 2020

Estate Planning: Where Do I Begin?

You may be interested in estate planning, but don’t know how to get started. If that sounds like you, this article may offer some valuable insights. Where do I begin? This is a question I get asked quite often, in the context of estate planning. 1. Sit down with an estate planning attorney. Most attorneys […]

Published on July 1, 2020

Selecting a Personal Representative

The nomination of a Personal Representative is an important part of one’s Last Will and Testament. Here are some factors to consider. Choosing a Personal Representative and your back-up, or successor Personal Representatives can be an overwhelming experience. Frequently, clients ask for advice when it comes time to make this decision. Here are some considerations […]

Published on June 22, 2020

Talking to Your Parents About Estate Planning

Do your parents have an estate plan? If not, you should have a conversation about the benefits of estate planning and the pitfalls of procrastination. Estate planning is an essential topic for adult children to discuss with their parents. Here are some key points to consider: 1. If your parent is in the hospital, they […]

Published on May 4, 2020

Estate Planning During the COVID-19 Crisis

Through video conferencing technology, we can now offer clients the ability to sign from the comfort and safety of their own homes, free of any in-person contact. COVID-19: Remote Estate Planning Legally enforceable, estate planning documents can now be signed entirely from the comfort of your own home. Why does this matter? Most estate planning […]

Published on April 7, 2020