Planning Your Estate Before A Car Accident
Legacy Law Missouri Blog
by Legacy Law Missouri
3M ago
Auto Accidents And The Importance Of Creating A Will Life is full of unexpected twists and turns, and one of the most unexpected events can be an auto accident. While no one likes to think about the worst-case scenario, it’s crucial to be prepared for it. In this article, we will explore the often-overlooked connection between auto accidents and the importance of creating a will.  Providing Clarity In Uncertain Times Auto accidents can happen suddenly and without warning, leaving individuals in a state of confusion and uncertainty. Creating a will is an essential step in providing clarity ..read more
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The Power Of Estate Planning Attorneys
Legacy Law Missouri Blog
by Legacy Law Missouri
4M ago
Embracing the intricacies of estate planning is like embarking on a journey into the future, a journey that demands thoughtful preparation and expert guidance. We, as a collective, understand the significance of this voyage and recognize that the role of an O’Fallon, Missouri estate planning attorney is pivotal in navigating its complexities. Estate planning attorneys serve as the architects of your legacy, offering a unique set of skills that go beyond legal expertise. Our journey begins with the realization that the future is uncertain, and planning for it is an act of foresight and responsi ..read more
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What Is Digital Estate Planning?
Legacy Law Missouri Blog
by Legacy Law Missouri
5M ago
An individual or a company’s assets are the cornerstone of their net worth. In the current era, digital assets are becoming just as important to protect as physical ones. Digital assets consist of electronic records that are stored online or in personal devices. Any digital record can be considered a digital asset and thus, should be included within your digital estate plan according to an estate planning lawyer with our friends at McCarthy Law, LLC.  Digital Assets Can Include Any Of The Following: –       Email Accounts –       Social Media –     ..read more
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Understanding Business Succession Law
Legacy Law Missouri Blog
by Legacy Law Missouri
5M ago
The realm of business succession law is intricate and paramount, particularly for business owners keen on securing their life’s work and legacy. Effective succession planning ensures a smooth transition of ownership and management, preserving the business’s vitality for the years to come. The following aims to shed light on the essentials of business succession law, guiding you through its importance and the critical elements involved. The Crux Of Business Succession Planning Business succession planning outlines a clear and strategic roadmap for transitioning business ownership and leadership ..read more
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Understanding Business Succession Rights
Legacy Law Missouri Blog
by Legacy Law Missouri
5M ago
Navigating the complexities of business succession is a critical task for many business owners who are looking to ensure a smooth transition and safeguard the future of their enterprises. Understanding the legal rights and obligations tied to business succession is crucial, whether it’s a family-owned business, a partnership, or a corporation. When we talk about business succession rights, we’re referring to the legal frameworks and entitlements that govern how a business is transferred from one owner to the next. This can include everything from share allocations and asset distributions to de ..read more
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Guardianship In Elder Law
Legacy Law Missouri Blog
by Legacy Law Missouri
5M ago
Navigating the complexities of elder law requires a deep understanding of the legal frameworks in place to protect the elderly. Guardianship is a crucial aspect of elder law, designed to ensure that individuals who can no longer make decisions for themselves have a responsible and caring person to make those decisions on their behalf. When a family is faced with the challenging situation of a loved one who can no longer manage their own affairs, guardianship becomes a vital option to consider. It is a legal relationship where a court appoints an individual to make personal, medical, and financ ..read more
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Common Reasons People Often Avoid Estate Planning
Legacy Law Missouri Blog
by Legacy Law Missouri
6M ago
Estate Lawyer Our estate lawyer has witnessed firsthand the impact that forgoing estate planning can have on families when someone becomes incapacitated or dies. Unfortunately, despite how crucial estate planning is, it is a process that is often overlooked, and avoiding the process may happen due to several reasons. Avoiding estate planning is primarily due to misconceptions about what it entails, psychological factors, procrastination, and a lack of awareness about its importance. W.B. Moore Law will share with those considering an estate plan the key reasons people often avoid estate planni ..read more
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5 Tips For Preparing Your Estate Plan
Legacy Law Missouri Blog
by Legacy Law Missouri
6M ago
Estate Planning Lawyer Preparing your estate plan while you’re alive is a proactive and responsible step to protect your assets and ensure your wishes are carried out. By taking the time to plan ahead, you can minimize stress and uncertainty for your loved ones. Here are five crucial tips to help you create an effective estate plan from an estate planning lawyer with our friends at Pioletti Pioletti & Nichols. Start Early and Gather Important Information Begin your estate planning process as early as possible. Collect and organize important documents such as your will, financial statements ..read more
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Understanding Totten Trusts in Estate Planning
Legacy Law Missouri Blog
by Legacy Law Missouri
11M ago
Estate Planning Lawyer When it comes to estate planning, finding the right tool to efficiently transfer assets while avoiding probate can be a game-changer. One such option to consider is the Totten trust, also known as a payable-on-death (POD) account or a revocable bank account trust. This informal trust allows you to designate a beneficiary who will receive the funds in your bank account upon your passing. Our friends at Paul Hilton Law explore its disadvantages below. The beauty of a Totten trust lies in its simplicity and convenience. As the account owner, you maintain full control over t ..read more
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Psychological Abuse In Nursing Homes
Legacy Law Missouri Blog
by Legacy Law Missouri
1y ago
Nursing Home Abuse Lawyer When people place their loved ones in nursing homes, they expect for them to be in a safe and welcoming environment. Unfortunately, however, that is not always the case. Abuse still occurs in nursing homes these days. One of the most common types of nursing home abuse is psychological abuse. Although it is less obvious than physical abuse, this type of abuse can still negatively impact residents. If you suspect that your loved one is being abused at a nursing home, you may want to contact a nursing home abuse lawyer as soon as possible. Definition of Psychological Abu ..read more
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