Stephen A. Martin, Attorney at Law
Call Today For A Consultation
636-487-4097
Menu Contact
View Our Practice Areas

What are the basics of estate planning?

Missouri residents who are left handling matters of the estate may find themselves with a lot of questions. This is especially true if you have never had to deal with estate management or planning before. If that's the case for you, take a look here for some basic information about estate planning that you should know.

FindLaw defines estate planning as the path in which one's final health care and property wishes can be honored. A comprehensive estate plan will cover whether or not the person in question owes money toward anyone, who they want their property to go to, how they wish for their assets to be divided, and what their financial state was. In the event that minors may be left without care, it will also determine who will take care of the child.

Other matters that can be taken care of include funeral planning and arrangement, what a person wishes to have done with their body after they pass, and the taxes that will need to be paid if a transfer of ownership happens.

Your estate includes all manners of personal items. It usually involves life insurance policies, bank accounts, real estate, personal property, and any stocks or other potential securities that you might have.

Estate planning is best done with the help of an experienced attorney. This is because the wording in these documents needs to be precise in order to be considered valid. If you are dealing with managing someone else's estate or wish to create an estate plan of your own, you may want to make seeking an attorney your first step.

No Comments

Leave a comment
Comment Information
Email Us For a Response

Tell Me About Your Situation

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Privacy Policy

Address Map
Footer Brand
map icon Location

330 Jefferson Street
Saint Charles, MO 63301

Toll Free: 877-224-9742
Phone: 636-487-4097
Fax: 636-949-3732
Map & Directions

phone icon Contact