202006.18
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Seniors must play a larger role in government and society

“We in America do not have government by the majority. We have government by the majority who participate.” Thomas Jefferson Hopefully we all agree that older Americans are important to our society, but some say the role older Americans play in both government and society must increase if we are to remain a wonderful beacon…

202006.18
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The Basics of Advance Directives

“Putting your wishes in writing can relieve a tremendous burden for your loved ones.” Life Choices, published by the Office of the Missouri Attorney General. Advance directives are written, legal documents that explain to others what kind of health care you want when you were too ill to speak for yourself. Those documents generally considered…

202405.13
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Missouri Intestate Succession: How to Understand the Basics

Intestate succession refers to the legal process of distributing a deceased person’s assets when they have not left behind a valid will. Each state in the U.S. has its own set of laws that dictate how intestate succession works. In Missouri, these laws are found in the Missouri Revised Statutes, specifically in Chapter 474. Here…

202404.19
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How to Navigate Will Contests in Missouri: Understanding the Legal Landscape

In the realm of estate planning, a Last Will & Testament often stands as a testament to one’s final wishes. Yet, the process is not always straightforward, particularly when disputes arise over the validity of a will. In Missouri, as in many other states, contesting a will involves navigating a complex legal landscape. Understanding the…

202404.18
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Unmarried Estate Planning: How to Ensure Your Assets Hit Their Intended Target

Estate planning is often considered a topic reserved for married couples or those with children. However, it is even more important for unmarried individuals to have a well-thought-out estate plan in place. Without one, the state will dictate how your assets are distributed, which may not align with your wishes. More importantly, people who are…

202404.03
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Revitalizing the Lions Club: Strategies for a Brighter Future

Recently, I became District Governor Elect of Missouri’s 26-M7 District. An honor I do not take lightly. Since then on many occasions, I have been asked what the Lions Club can do to grow membership and survive the service club avalanche of losses nationwide.  The following are my thoughts. The Lions Club, renowned for its…

202403.29
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How to Unlock the Benefits of Payable on Death (POD) Accounts: A Guide

When it comes to making as estate plan, financial security for loved ones is obviously a top priority. One often overlooked yet incredibly useful tool for this purpose is the Payable on Death (POD) account, available at many banks and financial institutions. POD accounts offer a straightforward and efficient way to transfer assets to beneficiaries…

202402.28
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The Beneficiary Deed: A Suggestion for Secure Estate Planning

In the realm of estate planning, ensuring that your assets are transferred smoothly to your loved ones after your passing is a paramount concern. One valuable tool in this endeavor is the beneficiary deed, a Missouri approved legal instrument that allows for the efficient transfer of real estate upon the owner’s death. While beneficiary deeds…

202402.14
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Navigating Probate Disputes: How to Understand the Complexities and Resolving Conflicts

Yes, probate is necessary unless prior to death the decedent established an estate plan that caused him or her to avoid owning property that must be administered through probate. Once an estate is opened or created in the county where the decedent last resided, probate disputes often arise during the administration of a deceased person’s…

202401.31
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Unmarried people should know the importance of a thorough estate plan

Preparing for the end of your life is one of those things you know you should do, but have you done it? According to a recent survey by Caring.com, a senior living referral service, only 4 in 10 American adults have a Last Will and Testament or a living trust. Maybe you are one of…

202401.03
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You need a power of attorney and here is why!

When created properly, a power of attorney, (hereinafter, “POA”), is a legally binding estate planning document that provides its creator (principal or grantor) the important ability to appoint one or more people to act on their behalf in areas such as managing property, making medical decisions, or addressing financial affairs. Alarmingly, approximately 50% of American…

202312.03
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Important Payable on Death and Transfer on Death Beneficiary Insights for Missouri Seniors

By now you should be considering the establishment of an estate plan. Yes you…even you need an estate plan. While the term “estate” may sound ostentatious and unnecessary to many, the truth is every Missouri senior adult can benefit from an estate plan regardless of their wealth. An estate plan simply communicates the grantor’s wishes…