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Upsolve is a national nonprofit corporation that helps low-income Americans file Chapter 7 bankruptcy for free. If you have decided you need to file a Chapter 7 bankruptcy, you might qualify for free legal assistance from Upsolve. Click on the following link to go to Upsolve
If you click on this link you will be leaving this website.
WILLS AND ESTATES IN MISSOURI
The Missouri Probate Code, or RSMo Chapters 472-475, governs the payment of debts and distributions of the deceased individual’s assets. This body of law is highly statutory and Chapters 472-475 is the best resource for any questions you may have.
What is an “Anatomical Gift”?
An “anatomical gift” is a donation of all or part of a human body, after death, for the purpose of transplantation, therapy, research, or education. You may also donate some of your organs or tissue while you are alive by making arrangements with certain medical providers; however, that process is not covered in the anatomical gift law.
Can I Be a Donor?
Decedent’s Probate
This article provide a description of probate procedures to transfer property when a person dies. “Probate” is a court-supervised process of transferring legal title from a person who has died (the “decedent”) to the person’s distributees. Probate is necessary to protect the rights to the probate estate of a decedent’s heirs, devisees, and creditors. An orderly transfer of property is done after estate property and debts are administered.
What These Terms Mean
What is bankruptcy?
In bankruptcy, a person or business may restructure debt payments or discharge debts. There are four major forms of bankruptcy, two that are limited to individuals (or married couples) and two that are primarily for businesses.
What Is a Will?
A will is a legal paper that states who receives your property when you die. Each state has its own laws about wills.
A will does not avoid the necessity of probate and must be “probated” to have legal effect. You may title your property in other ways so that probate is not necessary.
Who Can Make a Will?
Any person who is at least 18 years old and of sound mind can make a will.
When is a Will Legal in Missouri?
What is A Revocable Trust?
A trust is an agreement that determines how a person’s property is to be managed and distributed during his or her lifetime and also upon death.
A revocable living trust normally involves three parties:
The Settlor – Also called grantor or trustor, this is the person who creates the trust, and usually the only person who provides funding for the trust. More than one person can be a settlor of a trust, such as when a husband and wife join together to create a family trust.
What is a “Durable” Power of Attorney?
Many people are unaware that an ordinary power of attorney is revoked, and the agent’s power to act for the principal automatically stops, if the principal becomes incapacitated.
Under Missouri law, and the law of many other states, a power of attorney with proper wording may be made “durable.” This means that the power of the agent to act on the principal’s behalf continues despite the principal’s incapacity, whether or not a court decrees the principal to be incapacitated.
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- (-) Bankruptcy (6)
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- Education (14)
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- Forms - Public (5)
- Health Care (12)
- Housing (23)
- Human Trafficking (2)
- Juvenile Law (5)
- Missouri Lawyers Corner (28)
- Other Information (5)
- Public Benefits (18)
- Scams & Identity Theft (11)
- Senior Citizens (17)
- Taxes (9)
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- (-) Wills/Estates (13)
Related Articles
Selected filters:
Upsolve is a national nonprofit corporation that helps low-income Americans file Chapter 7 bankruptcy for free. If you have decided you need to file a Chapter 7 bankruptcy, you might qualify for free legal assistance from Upsolve. Click on the following link to go to Upsolve
If you click on this link you will be leaving this website.
WILLS AND ESTATES IN MISSOURI
The Missouri Probate Code, or RSMo Chapters 472-475, governs the payment of debts and distributions of the deceased individual’s assets. This body of law is highly statutory and Chapters 472-475 is the best resource for any questions you may have.
What is an “Anatomical Gift”?
An “anatomical gift” is a donation of all or part of a human body, after death, for the purpose of transplantation, therapy, research, or education. You may also donate some of your organs or tissue while you are alive by making arrangements with certain medical providers; however, that process is not covered in the anatomical gift law.
Can I Be a Donor?
Decedent’s Probate
This article provide a description of probate procedures to transfer property when a person dies. “Probate” is a court-supervised process of transferring legal title from a person who has died (the “decedent”) to the person’s distributees. Probate is necessary to protect the rights to the probate estate of a decedent’s heirs, devisees, and creditors. An orderly transfer of property is done after estate property and debts are administered.
What These Terms Mean
What is bankruptcy?
In bankruptcy, a person or business may restructure debt payments or discharge debts. There are four major forms of bankruptcy, two that are limited to individuals (or married couples) and two that are primarily for businesses.
What Is a Will?
A will is a legal paper that states who receives your property when you die. Each state has its own laws about wills.
A will does not avoid the necessity of probate and must be “probated” to have legal effect. You may title your property in other ways so that probate is not necessary.
Who Can Make a Will?
Any person who is at least 18 years old and of sound mind can make a will.
When is a Will Legal in Missouri?
What is A Revocable Trust?
A trust is an agreement that determines how a person’s property is to be managed and distributed during his or her lifetime and also upon death.
A revocable living trust normally involves three parties:
The Settlor – Also called grantor or trustor, this is the person who creates the trust, and usually the only person who provides funding for the trust. More than one person can be a settlor of a trust, such as when a husband and wife join together to create a family trust.
What is a “Durable” Power of Attorney?
Many people are unaware that an ordinary power of attorney is revoked, and the agent’s power to act for the principal automatically stops, if the principal becomes incapacitated.
Under Missouri law, and the law of many other states, a power of attorney with proper wording may be made “durable.” This means that the power of the agent to act on the principal’s behalf continues despite the principal’s incapacity, whether or not a court decrees the principal to be incapacitated.
11 - 19 of 19 Results