St. Louis Estate Planning Lawyers

Considering the prospect of one’s incapacity or death is never a pleasant thought. For this reason, many people never get around to putting together a comprehensive estate plan. Unfortunately, without such a plan in place, your loved ones and the property and assets you worked so hard to acquire throughout your life may not be protected. Without a will or trust, your property will be subject to Missouri “intestacy” laws through probate court. This means your wishes in the matter of how your estate will be distributed will not be known or carried out but decided by the court.

Failure to inform your family what you would have wanted should you become incapacitated or pass away can create a burden on them at a time when they are already under stress. Furthermore, without a plan, your estate remains open to disputes requiring the time, expense, and further stress of litigation. All of this can be avoided with proper estate planning. At The Barclay Law Firm, we have spent decades putting together customized estate plans for our clients; these plans are tailored to your particular circumstances, needs, and objectives. They can be simple or complex and can provide many benefits to you and your heirs and beneficiaries.

Estate Planning in Missouri

Many people believe that estate planning is only necessary for the wealthy. However, if you own any property, have bank accounts, a vehicle, own a business or business interests, have other investments, or have minor children, you should seriously consider estate planning. A proper estate plan will ensure that your property and assets are distributed and that your minor children will be cared for according to your wishes in the event of your death. It can also provide instructions for end-of-life medical care you wish to receive or not receive, provide for pets, special needs family members, your favorite charities, and more. 

Estate planning uses various legal instruments to accomplish your needs and goals. These can include but are not limited to:

  • Last will and testament naming your heirs and beneficiaries, an executor of your estate, instructions as to how you wish to pass on your property, and more.
  • Various types of revocable and irrevocable trusts; these are separate legal entities into which you place assets to be managed and distributed by your named trustee.
  • Powers of Attorney. These can include Durable Powers of Attorney in which you name someone to manage your assets should you become incapacitated as well as medical Powers of Attorney naming someone to manage your health care when you are unable to.
  • Advance healthcare directives/living wills; these provide instructions as to how you wish life-saving or other medical interventions to be used or avoided.

Over 37 Years of Combined Experience Working for You

Our experienced team has spent years creating individualized plans including such legal instruments as pour-over wills for each spouse or partner along with revocable living trusts, testamentary trusts for children, irrevocable insurance trusts and/or family limited partnerships for estate tax and creditor protection purposes, special needs trusts for those with disabled children, as well as qualified spousal trusts. We can help you understand all of these options and assist you in deciding what is sufficient to accomplish your needs. 

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Competent & Caring Counsel for All Your Estate Planning Needs

At The Barclay Law Firm, we are here to guide you through the initial phase of putting together your estate plan as well as remaining your partner for future estate planning needs. We can help you keep your plan up to date, make amendments, or otherwise ensure that your needs and goals are met as your life circumstances change. We urge you to discuss this important matter with one of our experienced attorneys and learn more about the options and benefits available to you. 

Reach out to our St. Louis estate planning attorneys at The Barclay Law Firm for a complimentary consultation by contacting us online or at (314) 916-6301.

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