Estate Planning After a Divorce in Missouri
Serving Individuals throughout Southwest Missouri and the Surrounding Areas
Estate planning after a divorce in Missouri includes planning for any new relationships on the future, while preserving (and protecting) the relationships you already have.
Did you know the law requires every adult American to make his or her own personal, financial and health care decisions? Now that you are single again, who would make your basic decisions if you are legally incapacitated due to a serious injury or illness
An Estate Plan is simply part of being a grown-up.
As life throws curve balls your way (as life always will) a complete estate plan keeps you and your children protected. While “who gets what and when” are important aspects of estate planning, the primary purpose of my estate planning process is to empower clients to make important choices now so their family will always be ready to weather life’s storms.
Unless you legally appoint the decision-maker of your own selection in advance through proper estate planning, then a probate judge will select one for you. The probate court process to accomplish this is expensive (it employs at least three attorneys), discloses your private personal and financial information to the public record and is a real hassle for your loved ones.
Did you know that in the absence of proper estate planning, your assets may be distributed after death based on “one-size-fits-all” state laws written for people who do not have their own estate plan? Of course, this impersonal estate plan written by state lawmakers may not reflect your own unique circumstances and objectives for your loved ones and assets.
What if you remarry? Well, if you want to risk losing about half of what you have should the remarriage not work out and disinheriting your own children and grandchildren, then do nothing. On the other hand, it is best to go into a new relationship with both eyes open.
Fortunately, we can help you avoid probate and replace that impersonal, state-written, one-size-fits-all estate plan with one we design together for your unique circumstances and objectives. We even help you coordinate the beneficiary designations on your life insurance and retirement plans with your estate plan to avoid unpleasant, unintended consequences.