FAQ

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.

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.

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.

• 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.

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.

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.