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…

202311.01
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Hey Missouri pet owners! You can create an estate plan to address important topics for your pet

Americans love their pets. The American Veterinary Medicine Association (AVMA) reports that approximately 85 million American households have one or more dog, cat, bird, or horse, representing approximately 157 million pets. That number excludes specialty and exotic pets like fish, rabbits, rodents, reptiles, poultry, and livestock. Pets are often cherished, loved, and treated like family…

202211.23
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Preparing a loved one for a nursing home

The challenge of placing a loved one in a nursing home or residential care facility is a topic none of us look forward to facing.  Often, those moments are made all the more difficult when we recognize that our loved one requires a higher level of round-the-clock care that we are not able or qualified…

202210.25
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Update your estate plan following divorce

Following any dissolution of marriage, a wise person updates their estate plan.  This step is particularly important if there are children or assets involved.  Approximately one-half of marriages in the United States end in divorce, and for most people involved, it is one of the worst experiences of their lives.  As a result, many participants…

202209.26
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Do you need a trust?

As a wise consumer, you will soon be meeting with an attorney to discuss an estate plan and when you do it is likely you will discuss the use of a trust. A living trust is a legal arrangement you establish during your lifetime to protect assets and direct distribution after your death.  It is…

202208.04
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“Per stirpes” or “per capita” – you better know the difference

As you begin the process of establishing an estate plan, there are many important decisions you and your attorney will make. Arguably, one of the most important decisions involves identifying who will receive your estate assets and in what manner you want assets to pass when you die. Whether you create a revocable living trust,…

202206.30
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Tips for Seniors Choosing Contractors

Legal disputes with contractors occur often and in some instances these disputes can involve your most expensive asset…your home.  Liens and encumbrances involving contractors can be avoided if you choose contractors wisely.  The choice of a reputable contractor is especially important for those on limited budgets, pensions and those receiving state and federal subsidies. The…

202205.06
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Grandparents as parents: social saviors or contributors to society’s decline?

The Pew Research Center reports that among parents with adult children in the U.S., 61% of them say they have helped an adult child financially in the preceding 12 months.  Among those who have helped an adult child financially, with errands, housework or home repairs, or with child care, nearly nine-in-ten (89%) say it is…

202204.13
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Senior adult abuse prevention 101

This article is written with senior adults, their family members, and their loved ones in mind because the signs of elder abuse are difficult to detect by the senior adult and even more difficult to detect by their loved ones and family members who have limited access or infrequent contact with the senior adult.  A…

202203.23
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Power of Attorney Abuse

The term Power of Attorney is often misused.  A Power of Attorney is a legal document through which a principal appoints a person to act on their behalf as their agent or attorney-in-fact.  The person acting on behalf of a principal is not a Power of Attorney as many incorrectly suggest. People use a Power…