Did you know that if you don’t create an estate plan, the IRS and the state of Missouri will simply make one for you?
It’s true. And, to put it delicately, the government is not exactly focused on minimizing taxes or looking out for the best interests of you and your loved ones. The fact is, every family should have its own, customized estate plan—and have it created by attorneys who concentrate on estate planning. Only then can you enjoy the peace of mind that comes from knowing you and the people you love will be taken care of should you become disabled or incapacitated, as well as after you pass away.
Our St. Louis trust and estates lawyers are dedicated to helping individuals and families do just that. The estate plan we create for you will protect your hard-earned assets; use the tax laws to utmost advantage so you pay minimal taxes; ensure your loved ones’ inheritance and, just as importantly, enable you to pass on your values, life lessons and wishes to future generations. In short, it will protect you, your family and your legacy.
Perhaps you already have an estate plan? If so, chances are we can make it significantly better. After all, an outdated or inadequate plan is worse than no plan at all. Why? Because laws change. People do, too. They get married and divorced, have children, develop financial problems like bankruptcy or personal problems such as substance abuse. They move, buy and sell houses, even receive inheritances. Change is a part of life. To be truly confident your needs and those of your family are taken care of, your estate and other asset protection plans must change as well.
Here are just some of the estate planning services our St. Louis area law firm provides:
- Traditional estate planning, including wills, revocable trusts, powers of attorney, and health care directives
- Advanced estate planning, including irrevocable life insurance trusts, gift programs, dynasty trusts, generation-skipping trusts, and advanced tax planning
- Probate and trust administration
- Charitable planning, including private foundations and charitable trusts
- Pre-nuptial agreements
- Special Needs Trusts
- Asset protection planning
- Business succession planning
This article was originally published by Steve Spewak on EstatePlanMO.com. It is republished here with permission.