As a Missouri entrepreneur, your business is a huge part of your life. Whether you are considering a new startup or expansion of your existing company, your business plan is vital to the success of your venture. Entrepreneur magazine calls your business plan your written description of the future of your business; that is, what you plan to do with your business and how you plan to do it.
If you live in Missouri, you have an estate plan whether you know it or not. The question is, who created it, you yourself or the state of Missouri? At Kozeny & McCubbin, LC, we understand that many people have certain assets, like family heirlooms, that they want to go to specific people when they pass away. They also have definite ideas about the kind of end-of-life care they wish to receive if they become incapacitated and cannot make their wishes known.
If you are thinking of the best way to plan your estate in Missouri, you may have heard of a revocable living trust. In conjunction with a pour-over will naming the trust as beneficiary, this instrument can help your loved ones avoid many of the troubles and expenses of probate.