Question 1

What is Probate?

Accepted Answer

Probate is the process of distributing the assets of a deceased individual, also known as an “estate” through a court supervised process.  It can be a costly, time-consuming process.

Question 2

How Do I Avoid My Estate Going Through Probate?

Accepted Answer

A properly executed estate plan can save your loved ones the time, aggravation, and expense of probate after your death. At St. Louis Estate Plans, we will customize a plan for you based on your unique needs and objectives. We will advise you how to safeguard your assets so that they will not become subject to a probate proceeding.

Question 3

Why Do I Need a Will?

Accepted Answer

A will lets you decide to whom you leave your assets.  If you die without a will, the state divides your estate according to law - not your wishes or the needs of your heirs.

It's the best way to nominate a guardian for minor children.

Question 4

When Should I Consider a Trust?

Accepted Answer

• If you have healthy assets.
 • If you have minor children, a child with special needs, or children from multiple marriages.
 • If you want to put conditions on how and when your assets are distributed upon your death.
 • If you want to avoid the costs and delay of administering a will through probate court.

Question 5

What Else Do I Need?

Accepted Answer

Power of Attorney: 
 • Designate an "agent" to act in your best interest and make medical and financial decisions for you
 • Can go into effect immediately or have “springing” powers and will not go into effect until you become incapacitated.

Living Will or Healthcare Directive:  
 • Communicate your wishes for the kind of life-sustaining medical treatment you want or do not want in the event you become terminally ill and unable to communicate these wishes yourself.

Question 6

Where Do I Start?

Accepted Answer

Contact Lauren Gilliam to schedule a free consultation.

Think About:
 • How do you want your assets divided?
 • Whom will you appoint as guardian for your children?
 • Whom will you appoint to execute your will or trust?  
 • Whom do you want handling your financial affairs or making medical decisions for you if you become incapacitated? 
 • Take an inventory of your assets, how they are titled, and who you have named as beneficiaries.

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