Our Business and Estate Planning FAQs
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If I do not make a will, will the State of Missouri receive my property?
No. Under these circumstances, the State of Missouri will usually not take your property. However, if you don’t make a will, the State of Missouri will decide who gets your property.
If you die without a will and your relatives cannot be found, then the State of Missouri may get your property.
In Missouri, can I disinherit my children?
Yes. In Missouri, if you have children, you are not required to leave them any portion of your property. A common misunderstanding is that you must leave each child at least one dollar.
You may simply state, “I have intentionally failed to provide for my son, Matthew.”
By having a Revocable Trust in Missouri, will my assets be protected if I am sued?
No! The assets in your Revocable Trust are still considered your own personal assets while you are alive as you control and benefit from the assets in your trust. As such, a creditor can attach their judgment to your assets in your Revocable Trust.
Learn more by downloading our free report 10 Questions You Should Ask About Protecting Your Assets in Missouri.
In Missouri, what happens to my Mom’s and Dad’s property if they die without a will?
When there is no Last Will and Testament of a person who dies, then there will be a court proceeding in the county where they lived at the time of death.
The law of the State of Missouri will determine the persons entitled to share in the distribution of their property.