Families with special needs children need to take extra care when making plans for their estate. When the parents of special needs children are no longer around to care for their son or daughter, their estates must play the...
Obtaining Power of Attorney for Elderly Parents
February 26, 2021
While obtaining a simple power of attorney isn’t necessarily difficult to do, it does require consideration of what’s best for you and your family. Working with a knowledgeable Springfield power of attorney elder lawyer...
7 Tips to Plan for Long-Term Elder Care
February 12, 2021
Planning for the unknown is a crucial component of any elder plan, and unfortunately, the need for long-term care can be a costly yet necessary expenditure for many aging Americans. Working with a Springfield long-term care...
Should I Create a Revocable or Irrevocable Trust?
January 29, 2021
If you’re hard at work planning for the future of your estate, you might be trying to decide between a will or a trust and could find yourself at a crossroads regarding whether your trust should be revocable or irrevocable....
Do I Need a Will or a Trust?
January 15, 2021
Planning for the day that you’re no longer here may not seem like the most positive thing to do with your time, but it’s essential if you wish to leave your loved ones with your estate and assets once you pass away....
Incorporating Charitable Giving Into Your Estate Plan
December 31, 2020
People decide to give to charities for a variety of reasons, whether it’s to honor a loved one or make good use of the wealth they acquired in their lifetime. Aside from the enormous benefits a charitable giving plan can...
Using a 1031 Exchange After a Sale
December 17, 2020
If you are gearing up to sell real estate, a business, or other investment assets, you may want to consider a 1031 exchange in order to defer taxes on these major sales and add more money to your bottom line. While you may...
Five Steps to Developing a Business Succession Plan
November 30, 2020
While over 90 percent of American businesses are family-owned, less than 30 percent of those businesses are handed down to the second generation. The lack of a business succession plan is the key reason cited for being unable...
Applying for Medicare with an Elder Lawyer
November 16, 2020
As your loved ones age, you may be searching for affordable ways to continue to care for them. Securing Medicare for your aging family members is one way to keep their costs down and maintain more of their wealth in their...
Five Steps to Creating a Living Trust in Missouri
October 16, 2020
Like a will, a living trust is a legal framework in which your assets and property can be stored. In Missouri, trusts are typically established by a binding legal document executed by a Springfield trust lawyer and naming a...