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Tag: Revocable Living Trust

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Estate Planning In The Ozarks

Should I Create a Trust?

The main reason that people choose to have a living trust instead of a will, is that it avoids the probate system. Probate is the legal proceedings to decide whether a will is legal and binding. It also is the court session to decide where the property will go, if there is no will provided.

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A grandfather and his grandson on the bed of their truck

Am I Making Common Estate Planning Mistakes?

When is the last time you updated your will? Could your beneficiaries have changed? If you have a trust, did you actually fund it? Is your plan ready for the new SECURE Act? Here are five mistakes you don’t want to make.

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Estate Planning Attorney

Looking For A Solution? Unsure of the first step?

We see it in our clients faces when they first come in.  We hear it in their voices. They are …

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David Payne Law's office in Aurora Missouri

Finalizing Estate Planning Documents while Social Distancing

Besides seeking to draft or alter wills and trusts, many clients were changing trustees, executors and the agents they assigned to oversee their finances and health care, if they were unable to make decisions themselves.

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Estate Planning Law Firm in Southwest Missouri

Unsure On When To Start Estate Planning?

Estate planning attorneys are getting mobbed with questions. Here is some timely advice from three attorneys on what families and business owners should be doing to prepare, in case the unimaginable happens.

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View of the ozarks in Southwest Missouri

Do I Need a Revocable Living Trust?

Do you ever worry about how your beneficiaries will manage their portion of their inheritance when you pass away? One solution that allows you to still exert some control over your money–even after passing–is with a revocable living trust (RLT).

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David Payne Law's office in Republic Missouri

Afraid Of Wasting An Inheritance?

You may have a friend, or two, who has blown a large inheritance. Some of you may have also seen a news story about a lottery winner who went bankrupt (or worse) just a few years after receiving a life-altering sum of money. If you don’t want this to be you, keep reading as we share five tips to make the most of an inheritance or windfall.

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Inside Davide Payne Law's office

Do You Think Everything Is All Set with Your Estate Plan?

You’ve considered how you want your estate to be distributed after you die. Hopefully, you’ve even written a will to make sure your wishes will be followed. So, your estate is planned…right?

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Missouri Farm Lawyer

What Do Farmers Need to Create an Estate Plan?

When you are a farmer, your business is not only your livelihood and your passion, but, often, it is also intermingled with your family life.

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Married estate planning

No Will? Don’t Count on a Happy Ending for Your Family

At the time, he had gone so far as to have his will drawn up, but he hadn’t finalized it. In addition, he hadn’t authorized anyone to have power of attorney, in case of illness.

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