Estate Planning and Pets: Are Pet Trusts Right for Your Pet?

Usually, we outlive our pets, unless you happen to have a giant tortoise. Sometimes, however, we don’t, and that can lead to situations where animals don’t get care after their owners die (link has an automatically-playing video, sorry) or some other event separates us from our pets. One solution to that problem is creating a … Read more

The Power of Attorney in Planning for Incapacity

When people think about estate planning, they usually think about planning for what happens after they die. However, planning for death isn’t the only function of an estate plan. Another important part of estate planning is planning for incapacity–the possibility that we may be alive, but unable to understand our situations, communicate our decisions, and … Read more

Keeping Beneficiary Designations Up to Date

If you have a 401(k) or an IRA (or some other similar type of retirement account), you’ve probably already made an important estate planning decision: selecting your beneficiaries. Beneficiary selection is an important decision, and when you’re setting up a new account, it can be easy to overlook or forget about. Beneficiary designations are so … Read more

Basic Estate Planning for Young People

If you’re a young adult, you are probably not giving a lot of thought to planning for incapacity or death. After all, that’s for down the road–hopefully way down the road. However, as NBC News points out, even young adults can benefit from some basic estate planning. That’s because once you reach 18 in Missouri, … Read more

National Healthcare Decisions Day: A Day to Consider Advance Care Planning

The 6th Annual National Healthcare Decisions Day is coming up soon–April 16, 2013, to be precise–and it’s a great opportunity to consider planning for health care decisions if you’re ever unable to make those decisions for yourself. This is one of the issues I talk about with my estate planning clients, and while it can … Read more