When planning for the future and making sure that your assets are passed on to your loved ones after you pass away, you’ll encounter two key legal tools: wills and trusts.
What Makes a Will a Binding Document?
A will is one of the most essential legal documents an individual can create during their lifetime. It's a tool for directing the distribution of assets, property, and personal belongings upon death.
The Role of a Will vs. a Trust: Which Is Right for You?
Estate planning is one of the most important steps you can take to protect your legacy and provide for your loved ones. Many people understand they need some form of estate planning but aren't sure whether a will or trust would better serve their needs. At Moore Legal LLC, we help clients make this key decision as they work through the estate planning process.
Understanding Probate: A Step-by-Step Guide for Executors
Working through the probate process can be overwhelming for those appointed as executors of an estate. The responsibilities can feel challenging, especially during such an emotional time.
How to Talk to Your Family About Estate Planning: Tips and Strategies
Estate planning isn't just about drafting legal documents – it's about having meaningful conversations with your loved ones about the future. Many people avoid discussing estate planning because it involves confronting difficult topics like mortality and family dynamics.
Essential Steps to Crafting Your Perfect Estate Plan
Creating an estate plan isn’t simply a task reserved for those with substantial wealth or intricate assets; it’s a crucial step for anyone who wants to make sure that their wishes are honored and their loved ones are protected.
Why Everyone Needs an Estate Plan: Myths vs. Reality
When it comes to preparing for the future, estate planning often ends up on the back burner. Many people see it as unnecessary or think it’s only for the wealthy, but the truth is that an estate plan is essential for anyone who wants to protect their assets and provide a clear path for their loved ones.
Common Probate Pitfalls: Avoiding Mistakes in the Process
The probate process, which involves legally validating a will and distributing assets after someone passes away, often catches families off guard during an already challenging time. At Moore Legal LLC, we know this process can become unnecessarily complicated without proper preparation.
What Happens If You Don’t Have a Will? The Impact on Probate
Estate planning is one of the most important steps you can take to protect your family's future, yet nearly 67% of Americans don't have a will, according to Consumer Reports. When someone dies without a will, they're considered to have died "intestate," and their assets must go through a probate process that can be costly and time-consuming for their loved ones.
The Costs of Probate: What to Expect and How to Prepare
The probate process can be a challenging journey, especially when dealing with the financial implications. In Missouri and in areas like St. Louis, St. Louis County, St. Charles County, and Jefferson County, having a clear understanding of probate costs and how to prepare can save both time and financial stress.