Author Archives: Parks & Jones

Individuals who have power of attorney — known as “attorneys in fact” or “agents” — often wield an extraordinary amount of power over their principals. This can include both their bodies and their finances, depending upon which type of power of attorney the principal grants to the attorney in fact. With such potentially wide-ranging authority, […]

Life can change quickly. Changes such as marriages and births can result in estate plans becoming outdated and failing to take into account the presence (or absence) of certain heirs, including spouses and children. So what happens if you accidentally omit a spouse or child from your will? Fortunately, the law recognizes that accidents happen […]

If you’re running a small to medium-sized business, it’s likely that you have very specific legal issues that need to be handled by a pro. Usually, small businesses will work with a Springfield business lawyer who has expertise in a variety of areas or specifically focuses on one or two core types of law. Whatever […]

When a person is diagnosed with Alzheimer’s disease, the first thing they should consider is their options for long-term care. Unfortunately, the disease completely takes over a person’s mental faculties, resulting in their needing around-the-clock care. Most families won’t be able to take on such an arduous level of care, and long-term care will be […]

Fans of the popular television show Succession may be somewhat familiar with what happens when a person dies without a solid will, but the laws will be different from state to state. If you die without a will in Missouri, your assets will be transferred to your closest relatives because of the state’s intestate succession […]

Whenever people talk about probate, they tend to make it sound like it’s a nightmare for everyone who undergoes the process. While it’s true that probate can be a complicated process – and that some instruments like trusts might be more advantageous for people with diversified assets – they don’t have to be prohibitively hard. […]

A durable financial power of attorney is an important tool in your estate planning toolkit. The word “durable” means your financial power of attorney will continue to be valid even if you become incapable of making financial decisions on your own, providing protection for your financial life in the event of a tragedy.  But if […]

Fictitious name registration is required in Missouri any time someone runs a business under a name that’s not their true name. You may know of this as a DBA, or “doing business as.”  More specifically, registration of a fictitious name is required under Section 417.200 of the Revised Statutes of Missouri. It’s important that you […]

It’s easy to form a partnership in Missouri because you don’t have to register general partnerships with the state. But general partnerships don’t give you limited liability. Instead, each partner has joint and several liability, which means each partner is liable for all of the partnership’s debts and obligations.  There are, however, other types of […]