Elder Law and COVID-19

As an Elder law and estate planning attorney in this time of COVID-19, I want to reach out to each of you to remind everyone to pay attention to the vulnerable seniors, elders, and people with disabilities who may feel isolated and alone.  Although we have a social distancing measure in place, lawyers still provide services to you.  Let’s take a moment to think about COVID 19 and how it may affect our Seniors. Elder Read More

Boutique Trusts in Estate Planning

Estate Planning encompasses more than a will and revocable living trusts. I call trusts that serve a unique and specific purpose in estate planning “boutique trusts.”  Sometimes life changes after an estate plan is in place such as adopting a pet, acquiring digital assets, or buying a firearm. “Boutique Trusts,” are individualized, tailored specific trusts that may be added to take care of forgotten or new estate Read More

Medicaid Planning in Elder Law

Medicaid Planning in Elder Law helps senior citizens cover their healthcare costs. With the rising expenses of nursing homes and other personal care services, more and more elderly people are relying on Medicaid.   Specific laws govern who may qualify for Medicaid.  Each state sets how much financial money and assets are allowed.  The amounts differ if a person is single or married. Because there are income limits Read More

Powers of Attorney in Elder Law FAQ

Powers of Attorney are a useful tool for people of all ages. Powers of Attorney in Elder Law is powerful for those who are growing older and beginning to anticipate and plan for eventual medical needs. At Tucker Legal Services, LLC, we receive questions about Powers of Attorney and the role they play in elder law. Today, we’re answering some of the questions we hear frequently about their special importance in elder Read More

Three Reasons to Update Your Estate Plan (And How to Do It)

Too often, people make the mistake of failing to have an estate plan. So many people tell themselves, “Oh, I’ll get around to it eventually,” not considering the fact that unexpected tragedies could strike at any time. However, another major estate planning mistake comes in a close second place: Having an existing estate plan, but failing to update it. It is advisable to review your estate plan every year and update Read More

How to Fund Your Revocable Living Trust

Funding your Revocable Living Trust is important so that you keep the trust as a working part of your estate plan. Without funding, a revocable living trust is useless. Trusts are an essential part of an estate plan because they can protect your assets from estate taxes, probate costs, creditor claims, and beneficiaries who may not manage their inheritance wisely.  There are two primary types of trusts - Read More

Digital Assets in Estate Planning

Digital Assets in Estate Planning are increasing as a valuable asset. It is a new type of property for attorneys to include in estate plans. When most people think about estate planning, they consider their physical assets—their home, antiques, valuable jewelry, stocks, and cash. Today, a recent type of personal property is expanding and creating valuable assets for older baby boomers and for Millennials and Read More

Missouri Probate Explained

Navigating Missouri Probate is explained to help you with some basic understanding. If you recently experienced a death in the family, it is important to understand probate’s legal proceedings. What is Probate? Probate is a court process ensuring the payments of debts, asset collection, and asset distributions to heirs or beneficiaries upon a loved one’s death.  An estate is submitted to probate when a person dies Read More

Special Needs Trust for Disabilities

A Special Needs Trust helps your child with a disability. When you have a child or another family member with special needs,  take extra care  planning your estate. Although estate planning should always be a personalized process, it’s especially important when the loved one you’re providing for relies on access to state services or government benefits. Special Needs Trust - Goals A special needs trust accomplishes Read More

Probate Guardianships – Minors and Wills

Guardianship of Minors is different than Guardianship of an incapacitated or person with moderate to severe disabilities.  Guardianship over a minor, is named in a parent's will.  A will is the most important estate plan a parent must have.  Guardianship over a minor must be decided in Probate Court is both parent's or guardians are deceased.  As a parent, it is difficult to think of someone who can raise our Read More