Estate Planning In Chesterfield, Missouri

Find the right Estate Planning attorney in Chesterfield, MO

Estate planning in Chesterfield, Missouri is simply the act of deciding what you want to happen to your assets after your death. It normally entails making plans about funeral arrangements, as well as plans for end of life care.

The creation of a will (the document laying out what is to be done with your property after your death) is an essential element of an estate plan, but it is normally not the only element. There are many other important things that most estate plans should include.

A will is rarely the only aspect of a comprehensive estate plan. Most individuals have extremely strong preferences about their end-of-life care, especially when, and under what circumstances, they would want to be taken off life support, if that every happens. These wishes should be made in writing, and discussed with family. Additionally, preferences on organ donation and funeral arrangements should also be made clear.

Crucially, your plan should make arrangements for the care and custody of your children, if they are minors. However you should first discuss this matter with the person who you intend to take custody of your children in case something happens to you, to make sure they are willing and able to do so.

What Type of Estate Plan Do I Need in Chesterfield, Missouri?

Obviously, this depends on your needs, which you will have to figure out for yourself. Some typical considerations in making this decision, however, are your health, age, and the amount of assets involved.

For example, if you are in your 20's and unmarried, an estate plan probably does not need to be on your priorities, unless you are very ill, or independently wealthy.

There is one group of unmarried people for whom estate planning in Chesterfield, Missouri is absolutely essential: adults who are not married, but have a life partner who they'd like to provide for in the event of death. There are many rights that automatically attach with marriage, such as the right to inherit if a spouse dies without a will, the right to make medical decisions for the other spouse if they become incapacitated, etc. If you and your partner are, for whatever reason, unable or unwilling to get married, you will have to take many steps to secure these rights, such as granting power of attorney, and writing them into your will.

Individuals who are elderly and/or have a massive amount of money in Chesterfield, Missouri are probably more in need of an estate plan than almost anyone else. Most people place a lot of value in the peace of mind that comes when they know that the people they love, or the causes they care about, will be taken care of after their death. Of course, nobody likes to confront the facts that this process always contains, but it's essential.

Do I Need a Chesterfield, Missouri Estate Planning Attorney?

In Chesterfield, Missouri, estate planning is rarely simple, even if it's not the most convoluted thing in the world. Given the importance of what's at stake (the financial security of your loved ones), a good estate plan is essential, as is the help of an attorney who specializes in wills, trusts, and estates law.

Talk to a Wills, Trusts and Estates Law Attorney now!

Life in Chesterfield

Chesterfield, Missouri is a city of approximately 47,000 people.

It is located a relatively short distance (about 25 miles) west of St. Louis, Missouri, the second-largest city in the state. This allows easy access to the many attractions St. Louis offers, such as fine dining, theater, art museums, and sporting events.

For those who have jobs in St. Louis, but prefer to live in a smaller, quieter town, Chesterfield is a good option to consider. Its quiet, suburban character makes it a good, safe place to settle down and raise a family. However, if you still have an itch for the city life, its close proximity to St. Louis means you'll be able to enjoy the excitement a large city has to offer, pretty much whenever you want.

Chesterfield, Missouri is also a very affluent community - with a median family income of over ,000, and a per capita income of over ,000. Less than 3% of the population of Chesterfield lives below the poverty line. It should come as no surprise, then, that the people who live in Chesterfield tend to be very successful and well-educated.

Accordingly, Chesterfield, Missouri lawyers have to be ready to take on some fairly sophisticated cases. This means that, when you hire a Chesterfield, Missouri attorney, it's a near certainty that they'll be able to handle whatever legal issues you can throw at them.

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