The Seven Steps of Estate Planning

Starting the estate planning process can be daunting, especially if you are unsure of where to begin or who to involve. Developing an estate plan on your own may not be the right way to do it, as having an experienced lawyer by your side can make everything go a lot smoother. It’s important to understand exactly how the estate planning process works by recognizing seven key steps. A Missouri estate planning lawyer can help you work through all of these steps as needed. What Exactly Is Estate Planning? Simply put, estate planning is the comprehensive act of preparing for

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Revoking Power of Attorney

When you establish an estate plan, you may want to consider giving someone you trust power of attorney (POA) over your finances or medical needs. This can provide you with peace of mind that the right person will make decisions for you if you become incapacitated. However, you might put your faith in someone you thought you could trust, but decide to revoke POA later on. A Missouri estate planning lawyer can help with that. What Is Power of Attorney? When you decide that it’s time to put together a sound estate plan for your family’s future or modify an

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When Should You Update Your Estate Plan?

Many situations can occur throughout your life that warrant a second look at your estate plan. The whole reason you develop an estate plan in the first place is to ensure that your loved ones are taken care of after you pass away. If a life event suddenly changes your perspective or shifts your loyalties away from certain family members, your plan should reflect that. A Missouri estate planning lawyer can help you figure out your next steps. Updating Your Estate Plan It is important that you take certain measures to update your estate plan after significant life events. The

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Is Your Estate Plan Protected in a Divorce?

Getting divorced can be a chaotic experience. The fallout can be extensive, unpredictable, and quite painful, especially if you have had no time to prepare for it. Once it’s over, you may not immediately know what to do next. You may want to prioritize your financial security by making sure your estate plan is protected. Following a life event, you may want to check on and update your estate plan with the aid of a Missouri estate planning lawyer. How Does a Divorce Affect Your Estate Plan? Unfortunately, there are many ways a divorce can alter your estate plan. If

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Updating an Estate Plan After a Divorce

Few things in your life can be as chaotic, unpredictable, and painful as a divorce, particularly an unexpected one you may not have had time to prepare for. A divorce is a hefty life change that can leave you confused about what to do next, but it is vitally important to your financial security that you take the proper steps to protect yourself by prioritizing certain tasks. One of these is updating your estate plan, which a Missouri estate planning lawyer can help you with. Is It Important to Update Your Estate Plan After a Divorce? It is quite important

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Should You Update Your Estate Plan After Divorce?

Dealing with a divorce is often a frantic and chaotic time in your life. It is a considerable life event that results in significant changes that force you to adapt to a new normal. There are usually many other details that get lost in the shuffle; things that you may not even think about until they become relevant issues. By then, it may be too late. One of these things is updating your estate plan with the help of an Illinois estate lawyer. Should You Update Your Estate Plan After Divorce? Yes, you should absolutely update your estate plan after

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Strategies For Family Law Illinois

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