TuckerAllen Estate Planning Blog

The TuckerAllen Estate Planning Blog provides useful insights about wills, trusts, elder law, special needs planning, and more. If you have questions, or are ready to talk to one of our estate planning attorneys about your wishes for you or your family, please contact us.

Understanding Trusts

When you create a trust, you are creating an asset. You are utilizing resources, in order to protect the financial interests of yourself or your designated loved ones. Depending on the type of trust, you can find yourself shaping your estate and your future. Read more…

What to do With the House When Entering the Nursing Home

Leaving the home that you own and going to a nursing home can seem like a challenge that leaves you with many questions. What happens to the home? Does it get sold? Can my children acquire it? If it does get sold, who gets the proceeds from the sale? How does this affect taxes and insurance? Will this affect my Medicaid? With all of these questions, it is best to consult an elder law attorney . Read more…

TuckerAllen Extends Virtual Services to Columbia, MO; Jefferson City, MO; Rolla, MO; Cape Girardeau, MO

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Planning Ahead is Vital to Securing Your Future

When medical issues arise, it is imperative that you have a plan in place, in order to help you and your family deal with the situation. Many who face these types of problems do not have the legal, financial, and medical steps put in place, in order to deal with the ramifications of this crisis. Read more…

The Importance of a Power of Attorney Document

If you needed to make a critical decision about your personal finances, your business, or your health care, but you were unable to do so, whom would you want to have making the decision for you? Read more…

How Does the SECURE Act Affect Your Estate Plan?

The main way the SECURE Act may impact your trust is with the termination of “stretch” distributions of inherited retirement accounts. Previously, clients planned on passing on significant qualified retirement accounts because they could grow tax-free with compound interest. Read more…

Protecting Yourself From COVID-19 and Preparing for These Unprecedented Times

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Understanding Your Medicare Options

Medicare makes a huge difference in the lives of countless elder adults, and many seniors feel like celebrating when they finally become eligible to join the ranks of government health care. However, there is much more to enrolling than simply reaching the age of 65. Read more…

Understanding the Rising Costs of Long-Term Care

The uncertainty of the future can be a scary thing. As you get older, your body and your finances change, affecting every facet of your life and creating the need to make sure that you have a plan in place, should anything unforeseen occur. Read more…

What is the Difference Between a Will and Living Trust

Most people only have a vague notion of what a will and a living trust is. Since both involve transferring or protecting assets, they’re often confused. But both of these documents serve different purposes. Read more…