Estate planning is often a topic that people prefer to avoid, as it involves contemplating the end of life and the distribution of assets after death. However, proper estate planning is crucial for anyone who wants to ensure that their wishes are honored, their loved ones are protected, and their estate is managed efficiently. This…
When it comes to managing your financial assets or making critical decisions on your behalf, selecting a fiduciary is one of the most significant decisions you can make. A fiduciary is an individual or institution legally obligated to act in your best interest, putting your needs above their own. This role can involve managing investments,…
Probate administration in the State of Missouri is a legal process that occurs after someone passes away, involving the validation and execution of their Last Will & Testament, or, in cases where no will exists, the distribution of their assets according to state law. Yes, you read that correctly, a will does not avoid probate,…
Lawyers have also played a dominant role in American politics. “The government of democracy is favorable to the political power of lawyers,” Alexis de Tocqueville wrote more than a century ago. Of the 56 signers of the Declaration of Independence, 25 were lawyers. In the mid-19th century, approximately 80 percent of the U.S. Congress were…
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…
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…
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…
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…
Digital assets are simply defined as content that is stored digitally. Some common types of digital assets include photos, music, videos, power point presentations, Excel spreadsheets, Word documents, logos and other branded graphics, audio files, PDF’s, and access codes to bank accounts, credit card accounts, investments, and the like. For some, these assets comprise a…
“Our new Constitution is now established, and has an appearance that promises permanency; but in this world nothing can be said to be certain, except death and taxes.” Benjamin Franklin, in a letter to Jean-Baptiste Le Roy, 1789. Benjamin Franklin was correct. Death is inevitable for all of us. As a result, each Missourian should…
