Clients often request information regarding a “simple will.” They see commercials for places like legalzoom.com and conclude that such a rudimentary instrument is all that is needed. However, while a “simple will” is sufficient for some clients, more often than not clients want more detailed distributions in their estate and do not simply wish to…
Debt and Natural/Civil Liberty
From David Hume’s “Of Civil Liberty” — “The source of degeneracy, which may be remarked in free governments, consists in the practice of contracting debt, and mortgaging the public revenues, by which taxes may, in time, become altogether intolerable, and all the property of the state be brought into the hands of the public. This…
LLC Changes?
Limited Liability Companies (“LLCs”) were first introduced in the United States in 1977 by the great state of Wyoming. Since then, the LLC has exploded in popularity and been recognized in all 50 States and the District of Columbia. The Missouri LLC Act became effective on December 1, 1993. Forming a LLC is not all…
Probate: Intestacy
Most people are unaware of what happens to their estate (all the property they own) if they are to pass away without a will, trust, etc. There are a few reasons for this. People generally do not like to discuss what happens with their property after they die. Few want to come to grips with…
Healthcare Constitutional?
The fight over the Healthcare Bill passed by Congress in early 2010 is not over. It won’t even be resolved in 2011. It has, instead, moved across the street to the Judiciary, where it will eventually work its way up to the Supreme Court. However, don’t be quick to dismiss this as sour grapes in…