Estate Planning & Probateprint
Dysart Taylor’s Estate Planning & Probate Group strives to assist individual and business clients in Missouri, Kansas and beyond in the transfer of wealth to their desired beneficiaries with the least amount of tax and administration costs. Our legal services range from simple estate plans, designed to protect and maintain an estate for children and minors due to an unexpected and untimely death of a parent or parents, to highly sophisticated tax planning techniques, including business succession solutions. When assisting closely held business owners, we develop an estate plan and business plan to transfer the business to the next generation of owners in a manner that minimizes tax and facilitates the continued successful operation of the business in the future. Due to recent and ongoing modifications made to both Federal and State estate tax laws, it is critical that estate planning clients are well informed and properly advised prior to making important estate planning decisions.
We have administered and/or assisted in the administration of numerous estates, revocable trusts and irrevocable trusts. If probate administration is necessary, we strive to make the process as simplified and efficient as possible, assisting our clients in locating assets, preparing all necessary documents and filings required by the Probate Court, requesting authority or seeking ratification of various transactions, and seeing the estate through to the eventual termination and discharge of the estate’s Executor or Personal Representative. We have excellent working relationships with the Probate Courts in all jurisdictions in which we practice.
At Dysart Taylor, we strive to educate our clients about the matter in which we have been engaged. We encourage questions and provide timely answers to such inquiries throughout our engagements. This philosophy has enabled our firm to develop a significant and constantly growing base of valued estate planning and probate clients.
Special Needs Estate Planning
We are also able to help you evaluate your considerations for special needs estate planning. Raising a child with a mental disability can be very challenging. However, when your child reaches adulthood, there are new challenges and frustrations that must be considered. We empathize with you and want to help you create solutions which address your child’s specific special needs.
Once a child turns 18, the parents’ control over, and responsibility for, the child legally ends. In order for the parents to continue in their roles as parents, it may be necessary to create powers of attorney, guardianships, and conservatorships.
Disabled adults should consult with a lawyer in order to evaluate their eligibility for governmental benefits, such as Medicaid or Supplemental Security Disability (SSD) and SSI. However, many programs are needs based. If not properly conveyed, inheritances may affect eligibility for these programs. We help families with estate planning that effectively plans for these needs and does not disturb benefit eligibility. One option is creating a special needs trust.
While most parents are no longer legally responsible for their children once they reach adulthood, a disabled child will require special care and attention his or her entire life. It is important for parents to consider these needs proactively and understand that there are laws available to help and support these needs.
- Personal estate planning, including the preparation of wills and trusts
- Business succession planning and exit strategies
- Lifetime giving and gift tax planning
- Organize and structure corporations, limited liability companies and family limited partnerships
- Charitable giving
- Life insurance planning, including irrevocable trusts
- Preparation of federal and state estate tax returns and federal gift tax returns
- Post-mortem tax planning
- Internal Revenue Service audits
- Estate and trust administration
- Trust and estate litigation