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Law Office of Kenneth Carp

Everyone knows the saying “More money, more problems.” A large lump sum pursuant to a personal injury settlement or inheritance seems like a silver lining to an unfortunate event; however, often it only leads to more concerns. This is particularly true when the funds are for someone who needs on-going care over just a lump …

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St. Louis Estate Litigation Lawyer

When it comes to trusts, few people are more important than the trustee. A trustee is an appointed person who is trusted with the management of all the contents in the trust. Given their job, everyone can envision the ideal trustee: a prudent, conscientious saint who understands that they are bound only by their fiduciary …

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Estate Planning Attorney St. Charles Missouri

When a considerable sum of money is involved, a spendthrift trust is an incredibly effective means of passing along and preserving wealth to your heirs. Not only does a spendthrift trust protect money from creditors, it protects it from your heirs themselves. By its nature, a spendthrift trust prevents heirs from racing through their inheritance, …

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Estate Planning Attorney St. Charles Missouri

You’ve put in the time and effort to create a legal trust that’s an effective tool for you right now, but what happens as your circumstances evolve? It’s something to think about, and a somewhat-recent case in Missouri highlights the importance of the issue. When it comes to your trust, don’t leave anything to chance; …

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Estate Planning Attorney St. Charles Missouri

Creating a Living Will in Missouri There are a lot of difficult discussions that come with holidays, such as which spouse’s family you are having dinner with, whether you’re eating turkey or ham, and which matching sweater the family will be wearing for your yearly holiday card. In all these difficult discussions we often overlook …

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Estate Planning St. Charles Attorney

What Won’t Be Protected in Your Missouri Will When you’ve spent your entire life working, there comes a point where you start to contemplate who you will leave the products of your hard earned work to. Naturally, you start looking into drafting a will that will detail who you want to leave your most prized …

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Wills and Estate Planning St. Charles Attorney

Allowing your assets to go into probate is both arduous and expensive. For this reason, probate should be avoided at all costs. Missouri law allows for a myriad of ways to avoid probate, which include the living trust, Payable-on-death designation for bank accounts, beneficiary deeds and joint ownership. It will behoove you to inform yourself …

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Estate Planning Lawyer St. Charles Missouri

What a Missouri Will Can’t Do A last will and testament is an expression of a person’s intent for the resolution of financial affairs upon death. Because this is an expression of personal choice, many testators—those with wills—are surprised to learn that the law limits wills, and probate courts will not enforce certain provisions. In …

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Estate Planning St. Charles Attorney

The strategic use of financial planning tools can address tax obligations, legal liability, and management of assets. Contact attorney Kenneth P. Carp today to learn more about how an experienced Missouri estate planning attorney can help you meet your financial goals. What Is an Inter Vivos Trust? An inter vivos trust—also known as a living …

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Estate Planning St. Charles Attorney

Many things can happen to your estate after your death. To ensure that your survivors honor your wishes, hire an attorney to draft a will that is both clear in its terms and legally binding upon your heirs. Without a will, default legal rules of intestacy (dying without a will) take effect, and people whom …

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