Stuff in the ‘St. Louis trusts attorney’ Category
Creating wealth transfer plans in Missouri
Only 45 percent of Americans have some sort of formal estate plan. Without a will or trust, state law determines who receives an individual’s assets when he or she passes. This may mean that assets get distributed against the wishes of an individual and any beneficiaries. However, it may not be enough just to have […]READ POST »
Missouri residents should review their trusts regularly
As tax and trust laws evolve, it is possible that a trust created several years ago is no longer as tax-efficient as it could be. For instance, a trust now pays the top federal income tax rate of 39.6 percent if it has more than $12,300 in adjusted gross income in a given year. In […]READ POST »
Pet trust funds can be practical estate planning tools
The idea of setting up a trust fund for a pet may seem extravagant to most people in Missouri. In reality, creating a trust fund for a beloved pet is not just something that eccentric billionaires do. Because pets are viewed as property in the eyes of the law, a trust fund is the only […]READ POST »