202312.03
0
0

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
0
0

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…

202308.21
0
0

Important Legal Topics Pertinent to Senior Adult Bankruptcies

For those senior adults with unmanageable debt and few assets, filing for bankruptcy may be a viable option to reduce those overwhelming financial concerns. Bankruptcy is a legal process wherein debt is discharged or managed through court order when a qualified senior is unable to repay debts. In summary, bankruptcy is a life preserver for…

202306.28
0
0

Pros and cons of a payable on death (POD) beneficiary for your assets

When creating your estate plan, it is important to understand the difference between probate and non-probate assets. Probate assets are those subject to court administration in a process through which a court determines how to distribute your property after you die. Some assets are distributed to heirs by the court as probate assets while others…

202302.23
0
0

Attorney Todd Miller elected 2nd Vice District Governor

Attorney, Todd Miller of the Law Office of Todd Miller, LLC in Jefferson City, Missouri was recently elected 2nd Vice District Governor of District 26-M7.  Miller’s responsibilities include supporting the other two district governors in the implementation of local and international Lions Club agendas.  Growing membership is Miller’s primary emphasis as service clubs like the…

202302.02
0
0

Identifying Elder Abuse in Missouri

Elder abuse is often referred to as a silent problem; a problem that affects the dignity, security, and safety of some American seniors every day.  Elder abuse includes various forms of abuse such as physical abuse, sexual abuse, neglect, exploitation, emotional abuse, and abandonment.  According to statistics published by the National Council on Aging (NCOA),…

202212.16
0
0

Preparing a loved one for a nursing home or residential care living – Part II

In part one of this two-part series, we discussed some of the important steps toward placing a loved one or friend in the care of a nursing home or residential care facility.  As we previously discovered, this is a very challenging topic for nearly everyone and requires bravery, patience, teamwork, and sometimes the help of…