Missouri Estate Planning
Estate planning isn't just for the rich or the elderly. Every adult in Missouri should have a last will and testament, but the majority don't. Instead, people make excuses, sometimes until it's too late. Talk to an estate planning attorney today to better understand how estate planning can help you while you're alive and help your loved ones after you pass away.
Reasons to Hire an Estate Planning Lawyer
Why should you hire an estate planning lawyer? There are many reasons, but let's look at some of the most common ones.
To plan how you'd like to distribute your assets after you die. When people think about estate planning, most people think of the last will and testament, which is a significant component of estate planning. A last will allows you to explain how you'd like your estate (your assets, such as real estate, money and property) to be distributed after your death. It's also used to name an executor, who is the person who manages your estate and carries out the instructions in your will after you die. Finally, it can be used to name a legal guardian for your minor children in the event you pass away while they're still young.
However, a last will and testament isn't the only way to distribute your estate. Some people instead opt for a living trust, which can be a faster and more private way of passing on your assets after your death. An estate planning attorney can help you determine which is right for you.
To take control of your healthcare. Two estate planning documents—a healthcare power of attorney and a living will—give you more control over your medical care if you're incapacitated. A healthcare power of attorney lets you name a surrogate—a person whose judgment and decisions you trust—to make medical decisions on your behalf if you're unable to communicate. And a living will lets you explain your end-of-life treatment decisions.
To delegate financial and legal authority while you're alive. The financial power of attorney document lets you name an attorney in fact to handle specific legal and financial issues on your behalf. These would include accessing your financial accounts, paying your bills and signing contracts on your behalf.
Find & Hire Local Missouri Estate Planning Attorneys
Attorneys.com offers a free lawyer referral service to help you locate estate planning lawyers and probate attorneys from Kansas City to St. Louis, and every point in between. To find a lawyer in your area, complete the form on this page or call us at 877-913-7222. We'll ask you a few questions, then connect you with a lawyer in your area.