Blog

Trusts — both revocable trusts and irrevocable trusts — are powerful and versatile estate planning tools that can be used to accomplish a variety of goals. But each type of trust comes with its own set of pros and...

Trusts can be used to accomplish many estate planning goals. Some of the most common of those are avoidance of probate and tax planning. They can also be used effectively for asset protection. For example, let’s say that...

Making gifts to one’s heirs is typically fairly straightforward. The grantor decides which of his or her heirs to make provisions for, figures out how much they should receive, and names said heirs in his or her estate...

Trusts are among the most versatile and powerful estate planning instruments available. Not only do they allow an individual the ability to settle their estate, but they also do so without the need to go through the costly...

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,...

If you’ve been thinking about setting up a living trust, you probably already know that a living trust’s revocability gives it the kind of flexibility that makes it an ideal estate planning tool.  Most people set up...

If you’ve been looking into doing some estate planning for any particular length of time, you’ve likely discovered how useful trusts can be, especially revocable trusts.  You’ve probably also come across information...

If you’re thinking about creating a plan for how your estate should be handled, then you’re probably wondering whether you should create a will or a trust as part of your estate plan. While there are some definite...

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...

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...