The Benefits of Estate Planning

Lewis Rice associate James L. Burst wrote an article for the St. Louis REALTORS® Report regarding the benefits of establishing an estate plan. James explains what can happen when one dies without an estate plan in place, and he discusses how a well-drafted estate plan can help minimize probate and ensure that assets are distributed to the intended beneficiaries in a tax-efficient manner. Estate planning also provides the opportunity to name guardians for minor children.

Read the article by clicking under "Resources" below.

James L. Burst is an associate practicing in the Estate Planning & Probate Department of Lewis Rice. A licensed CPA, James develops and implements tax and estate plans for individuals and families. He advises clients on wills, trusts, administration of trusts and estates, preparation of gift and estate tax returns, antenuptial agreements, and asset protection.

Resources

• The Benefits of Estate Planning