Estate Planning: Helping Protect Your Interests

A Family Member Died, Now What? Preparing for the Initial Meeting with the Attorney

David A. Zobel

David A. Zobel




In our recent post “A Family Member Died, Now What? How to Begin Winding up a Relative’s Legal Affairs,” we outlined several actions to take to start winding up a deceased relative’s legal affairs, including gathering your relative’s estate-planning documents and taking a preliminary accounting of your relative’s property.

Below is a general checklist of information and documents which will be helpful for you to assemble in preparation for meeting with your attorney. It is not necessary to have the checklist completed prior to the initial meeting. However, for reference, you may want to print this post, fill it out, and bring it with you to the initial meeting.

  1. Decedent’s Background Information (may attach a death certificate in lieu of this section):
    • Full Name:
      ______________________________________________
    • Residence Address:
      ______________________________________________
    • Date of Birth:
      ______________________________________________
    • Social Security Number:
      ______________________________________________
    • Marital Status:
      ______________________________________________
    • Spouse’s Name:
      ______________________________________________
  2. Relative’s Financial and Medical Affairs:
    • Employment Status:
      ______________________________________________
    • Employer’s Name:
      ______________________________________________
    • Banks / Institutions / Brokerages (including accounts held,
      e.g. savings):
      ______________________________________________
      ______________________________________________
      ______________________________________________
      ______________________________________________
    • Safe Deposit Box Location:
      ______________________________________________
    • Pension (if so, from where):
      ______________________________________________
    • Life Insurance Policies (provider(s) and amounts):
      ______________________________________________
      ______________________________________________
      ______________________________________________
      ______________________________________________
    • Vehicles and VINs:
      ______________________________________________
      ______________________________________________
      ______________________________________________
      ______________________________________________
    • Known Creditors (mortgage, credit card, etc.):
      ______________________________________________
    • Receiving Medicaid Benefits?
      ______________________________________________
    • Receiving Social Security Benefits?
      ______________________________________________
    • Important Notes / Special Circumstances to Tell Attorney:
      ______________________________________________
      ______________________________________________
      ______________________________________________
      ______________________________________________
      ______________________________________________
  3. Documents to Assemble (If you don’t have access to an account,
    just indicate that below):

_____     Certified death certificate
_____     Copy of death certificate of spouse, if widowed

_____     Original last will and testament and any codicils (amendments to the will)
_____     Copy of trust and any amendments

_____     Copy of all bank statements from accounts titled in relative’s name from month of relative’s death
_____     Copy of all brokerage statements from accounts titled in relative’s name from month of relative’s death
_____     Copy of all bank statements in the name of the trust for the month of death
_____     Copy of all brokerage statements in the name of the trust for the month of death
_____     Copy of all retirement account statements in the name of the relative for the month of death
_____     Original life insurance policies
_____     Death certificates for any predeceased owners or beneficiaries of insurance policies or co-owners of financial accounts

_____     Original vehicle titles (including boats, motors, and trailers) in the name of the relative and trust
_____     Copy of titles for any real property in the name of the relative or the trust
_____     List of extraordinary personal property (paintings, expensive jewelry, etc.)
_____     Original savings bonds
_____     Information on safe deposit box

_____     Information regarding any creditors of the relative (accounts, balances)
_____     Information regarding any Medicaid benefits the relative received
_____     Information regarding the relative’s beneficiaries/heirs (addresses, dates of birth and social security numbers)
_____     Information on any long term care policies
_____     Copy of funeral bill

David A. Zobel is a member of Danna McKitrick’s team of estate planning and probate professionals. If you would like to learn more about the considerations above, would like assistance administrating a relative’s estate or help with you estate planning needs, one of our firm’s experienced attorneys would love to meet with you.

Special Needs Trusts Can Now Be Created by Individuals

Misty A. Watson

Misty A. Watson




On December 13, 2016, the long awaited amendment to the Special Needs Trust Fairness Act was signed into law by President Obama.

For more than 20 years, individuals who had a disability were unable to create a self-settled special needs trust without a parent, grandparent, or legal guardian participating in the process. The only other option for an individual with a disability was to have the court create the trust on his or her behalf. This was often an incredibly costly process. Continue reading »

Understanding the ABLE Act

Misty A. Watson

Misty A. Watson




Co-authored by Misty Watson and Samantha Maerz

“A major victory for the disability community, ABLE, for the first time in our country’s policy on disability, recognizes that there are added costs to living with a disability….For far too long, federally imposed asset limits to remain eligible for critical public benefits have served as a roadblock toward greater financial independence for the millions of individuals living with a disability.” – Michael Morris, Executive Director of the National Disability Institute

Savings accounts for individuals with disabilities will soon be possible without risking their access to federal benefits. On December 19, 2014, the Achieving a Better Life Experience (ABLE) Act was signed into law by President Barack Obama after receiving huge bipartisan support in both the U.S. Senate and House of Representatives. The ABLE Act is an amendment to the federal tax code that eliminates the $2,000 cap on conventional savings accounts for individuals with disabilities to qualify for Supplemental Security Income (SSI) and Medicaid.

Eligibility for many federal benefits, such as SSI, SNAP and Medicaid, requires that individuals meet a means test. Part of that test includes that an individual can report no more than $2,000 in savings. However, such a uniform test failed to recognize the additional costs of living with a disability. The ABLE Act seeks to remedy this unfairness by allowing a tax-advantaged savings account to supplement federal benefits, rather than supplanting them. Continue reading »

My Health Care Wishes: New App

Misty A. Watson

Misty A. Watson




When you need access to your health care power of attorney and living will, it is often stored in your safe deposit box or safe at home. Personally, I keep my power of attorney on a USB drive on my key chain. This has come in quite handy a few times.

Recently, an app was released called “My Health Care Wishes” at www.myhealthcarewishes.org. The Lite version, called the Personal Advance Directive Manager, allows individuals the ability to store and share their advance care directive plus one additional document with health care providers. Personal & Family Advance Directive Manager is a more robust pro version available for a small fee. It allows “unlimited storage of people profiles and documents.” Continue reading »

IRS Grants Extension to Elect Portability Under Certain Circumstances

Misty A. Watson

Misty A. Watson




The IRS has released Rev. Proc. 2014-18 to provide taxpayers the opportunity to obtain an extension of time to make a portability election under certain circumstances.

Portability allows a surviving spouse to receive the unused estate tax exemption of the predeceased spouse for gift and estate tax purposes. The estate tax exemption for 2014 is $5,340,000.

Under the new revenue procedure, an extension to file for this election will be granted under the following conditions:

(1) The taxpayer is the executor of the estate of a decedent who: Continue reading »

Estate Planning for Second Marriages

Misty A. Watson

Misty A. Watson




Prior to saying “I do,” those getting married for a second time have many more estate plan considerations to take into account than a first-time marriage.

Children from the previous marriage and spouses often have different interests and expectations about inheritance. If a large difference in age or health status exists between the new spouses, further complications can arise.

Without some type of waiver of spousal rights, a surviving spouse may have a right to elect against the estate plan that is put in place. In Missouri, this means the surviving spouse may receive one-third (1/3) of the estate, even if the will only provides for the children. Continue reading »

Estate Planning – Why It’s Important for You

Misty A. Watson

Misty A. Watson




Recently we’ve heard a number of stories about estate planning blunders that have resulted in huge tax costs and undesired distribution of assets. While a $50 million mistake certainly makes for good headlines, the fact is that quality estate planning is not just for the rich and famous.

It is common for people of all kinds to find themselves in similar situations when loved ones die, albeit with less fortunes involved – all because the deceased did not plan appropriately for death or disability.

Estate planning is all about your control over what happens to the assets you have accumulated during your life (including planning to minimize estate tax) and your control over your health care decisions.

Benefits of Estate Planning

1.    Avoiding probate of your assets. Probate is a court process by which the heirs of an estate are determined and the deceased person’s assets are distributed to those heirs. The benefits of avoiding probate include:

  • Your assets can be distributed to or held for your beneficiaries in a timelier manner.
  • Your estate avoids costly statutory attorneys’ fees.
  • Assets can be held for minor children without court involvement.
  • Your estate is distributed to your intended beneficiaries versus under Missouri law. Continue reading »

Costs of Raising a Child with Special Needs: The Story of Finn

Misty A. Watson

Misty A. Watson




Meet Finn and his family. Finn is a real boy with autism.

Finn’s father, Jeff Howe, shared his family’s story in “Paying for Finn: A special-needs child” for CNN’s Money Magazine. According to Howe, Finn is representative of 8% of all U.S. children because he is a child with special needs: he is autistic. His household is one of 25% of all U.S. households with a family member with special needs.

As the Howe family has learned, raising a child with special needs comes at great cost, both financial and emotional. Howe goes into great detail explaining his family’s journey with Finn. He does not hold back from sharing the specifics of his family’s finances and the costs associated with Finn’s care.

The financial burden for raising a child with special needs is staggering, to say the least, even for a family with considerable means. For families with less financial resources available to them, the financial burden is even more overwhelming. Continue reading »

What You’ve Been Waiting for – Estate Planning for Your Google Account

Misty A. Watson

Misty A. Watson




Google is giving users an innovative tool for long-term planning of digital data and access to inactive Google accounts. Welcome to estate planning for your Google account.

As many families have experienced, the terms of service for most types of online accounts from most providers do not generally allow for the transfer of access to an account in the event of death. As more people begin to store important documents, photos, videos, and other items of sentimental value online, gaining access to the information has become an increasingly important issue in estate planning, according to Brett Watz with Mind of the Geek.

On Thursday April 11, 2013, Google addressed this issue head on by rolling out its Inactive Account Manager. This feature allows a Google user to designate a particular person (or persons) as manager of the Google account once it becomes inactive. This trusted friend or family member will receive access to the user’s emails, videos, photos, and documents in the inactive Google account for many of its services, such as Mail and YouTube. The user selects which data can be accessed. Note that it appears that this policy does not extend to information contained in paid Google services (see The Digital Reader’s post by Nate Hoffelder). Continue reading »

Knowing What the Patient Wants: Healthcare Directive, Living Will, and Do Not Resuscitate (DNR)

Misty A. Watson

Misty A. Watson




The issue of exhaustive yet routine and expensive medical treatment versus quality of life for patients at end-of-life has been a hot topic in the media recently. The St. Louis Post Dispatch ran a series of articles including “Woman’s 6-month decline highlights end-of-life care quandary.” The June addition for Time Magazine featured “The Long Goodbye.”

Both articles focus on family members deciding how much care is appropriate and what happens when medical care results in a quality of life that the recipient of the care may not have wanted.

What is apparent from these articles is that end of life issues are difficult to discuss with family members. As a result, individuals often lack the motivation to consult with counsel to make sure that their wishes regarding their medical care – particularly at end-of-life – are expressed in writing.

An individual may end up receiving long, drawn out treatment and a quality of life they did not desire.

Healthcare Directives, Living Wills, and Do Not Resuscitate (DNR)

In both of the examples, the families were aware of the wishes of the family member to some extent, and had even taken some measures to make appropriate decisions regarding their care. Continue reading »