Estate planning is a process that requires a lot of thought. Not only do you have to think about who gets what but it also falls on you to ensure whatever you give does not come with a huge tax burden. For most people in Missouri, this is not a huge deal. However, if you are a high-income earner or someone with impressive assets, then the new changes to the estate tax laws at the federal level can really help.
When you have a small business in Missouri, you may come to a point where you begin to think about expanding. This is the natural course of business. You start out small and eventually expand into a larger business where you can make more profit and serve a larger group of people. However, if you try to expand at the wrong time, you could hurt your business. This is why it helps to know the signs that expansion is a good option.