Attorneys

Missouri Estate Planning FAQs

• Q: What About Payment Of Death Taxes?
  A: Another important function of the probate division is to provide for the collection of any taxes which might have been due by reason of the deceased`s death or on the … More
• Q: What About Establishing Title To Real Estate?
  A: The administration of an estate in the probate division also serves to establish clear title to any real estate that the deceased may have owned at the time of death. … More
• Q: What About The Surviving Spouse's Rights?
  A: A common misconception is that, upon death, all of an individual`s property passes directly to the surviving spouse. This is simply not the case. In Missouri, if a … More
• Q: What Is Simplified Probate Administration?
  A: Two types of probate administration are permitted by the Probate Code, supervised or independent. As the names suggest, the probate division closely monitors a … More
• Q: What Are Some Other Functions Of The Probate Division?
  A: In addition to its role in administering decedents` estates, the probate division has general supervisory jurisdiction over the estates of minors and those adults … More
• Q: What Is A Tenancy In Common?
  A: A tenancy in common is another form of co­ownership. It is the ownership of an asset by two or more individuals together, but without the rights of survivorship … More
• Q: Will A Joint Tenancy Avoid Probate Expenses?
  A: To some extent, joint holdings will reduce probate involvement and expense. However, while joint assets will avoid the formal estate administration that is required … More
• Q: Can A Revocable Living Trust Be Changed Or Revoked?
  A: Yes. The grantor ordinarily reserves the right in the trust document to amend or revoke the trust at any time during his or her lifetime. This enables the grantor to … More
• Q: Is A Revocable Living Trust An Adequate Substitute For A Will?
  A: No! Even though a revocable living trust may be considered the principal document in an estate plan, a will should accompany a revocable living trust. This type of … More
• Q: Will A Revocable Living Trust Avoid Probate Expenses?
  A: Property held in a revocable living trust at the time of the grantor`s death is not subject to probate administration. Thus, the value of the property is not … More
• Q: What Are Some Of The Advantages Of A Revocable Living Trust?
  A: In addition to the savings in probate expenses, the avoidance of probate administration has other advantages. The administration of a revocable living trust at the … More

Click here to view general Estate Planning FAQs