In Missouri, as is the case in other states, both real and personal property may be titled in many different ways. An individual may hold title to property. A corporation may hold title to property. A trust may even hold title to property. Finally, property may be jointly titled when two or more people share [ ] The post What Is Joint Tenancy with Rights of Survivorship in Missouri? appeared first on Amen, Gantner & Capriano | Your Estate Matters, L.L.C..
Not all that long ago, an infertile couple’s only real option for becoming parents was to adopt a child. Not so today. Thanks to advances in medicine and technology, seemingly infertile couples now have a wide variety of potential pathways to parenthood. Though the link between infertility treatments and estate planning may not seem obvious at first glance, it is there. One fertility related estate planning question the law has been struggling with in recent years is “What inheritance rights does a child conceived after death have?” Most issues related to wills, trusts, and estates are governed by state law. For example, state laws determine who will inherit through intestate succession when a decedent dies without leaving behind a valid Last Will and Testament. Although the intestate succession laws vary somewhat from one state to the next, almost all states give priority to a spouse and/or children when deciding who will inherit an intestate estate. What about a child who is b
If you are a beneficiary of a trust you have some legal rights and interest in the property being held by the trust. After all, some, or all, of those assets will eventually be distributed to you. What happens if you become concerned about the way those assets are being managed by the Trustee? What is you simply want more information about how the trust is being administered? These questions can be answered by answering the general question “What rights do beneficiaries of a trust have?” Over the last several decades trusts have evolved to the point where there is a specialized trust for almost every purpose. All trusts, however, have a few things in common. For example, all trusts must have Trustee who is responsible for managing trust assets and administering the trust terms. All trusts are divided into two categories – revocable or irrevocable. As the name imply, a revocable trust in one in which the maker of the trust can modify or revoke the trust at any time. An irrevocabl