Luckenbill Estate Planning Attorney: Serving Clients in the County of Boone and the County of Callaway, State of Missouri
Tom Luckenbill is the principal attorney at Missouri Legacy Law / Luckenbill Law Firm, LLC, serving mid-Missourians for more than 30 years.
Tom takes pride in providing one-on-one counseling with each client to ensure their needs are addressed during the estate planning process. While online legal services sites offer estate planning packages at a lower cost, they cannot provide the expertise, consideration, and specialized care that Luckenbill Law Firm can.
Your life is not static; it is constantly changing and evolving, and your estate planning solutions should accommodate that. At Luckenbill LLC, we believe that our services should be suited to your specific needs. Furthermore, we know that our job isn’t finished once we develop a reliable, effective strategy for you, so we keep in touch to ensure that everything is going smoothly.
Services We Offer:
- Estate Planning
- Business Startups
- Healthcare
- Wills
- Trusts
- Beneficiary Designations
- Power of Attorney Lawyer
- Disability and Special Needs Planning
How the Process Works:
- Schedule a call with us.
- Tell us more through a short meeting so we can understand your specific business, desired healthcare directive, or estate planning needs.
- We determine if we can help and how to best do that and determine if you and your loved ones are eligible.
- We will suggest a solution, explain what you’ll spend, and how long the process will take.
- We work together to gather or create the needed documents and create your plan.
- We will keep in touch to ensure that everything is going according to our solution.
Why Choose US?
To put it simply, we believe in honest work, and this means ensuring that we succeed in helping you in order to live a calmer, more relaxed life without having to worry about the uncertainty of the future. Our goal is to give you peace of mind, not to increase the weight on your shoulders.
There are NO Surprise Fees
We will always tell you about all the fees that you need to pay, ahead of time. You will never get an invoice with unexpected or unexplained charges.
Long-term Relationships
We believe that in order to deliver on our promise to make your life better, we have to keep in touch in the long run. We will always be available to answer your questions and adjust our solutions in case of unforeseen events.
We Work with Our Clients
Everyone lives a different life and we do our best to ensure that we can accommodate all those interested in our services. We offer flexible payment options and strive to make all required legal planning fees cash-flow friendly.
Frequently Asked Questions (FAQs)
What is a Trust?
Trusts are contracts between a Trustor/Grantor (the person that is creating the trust), the Trustee (the person that’s holding title to the property of the Trustor or Grantor), and the Beneficiary. It’s important to keep in mind that there can be one or more Beneficiaries. A Trust is a set of rules that explain and enforce how the Trustee will hold the assets for the benefit of the Beneficiary. These rules are set by the Trustor, and there can be multiple benefits.
Can a Trust be changed?
Yes, during the Trustor’s life. After this point, it can only be changed with a Court Order. As a rule of thumb, the Trustor has complete control over the trust, at all times. The person can amend or terminate the Trust at any point. This allows the solution to change over time, depending on your needs and preferences, allowing you to take changing financial circumstances into consideration.
What happens if I don’t have a Will?
If you do not appoint a Guardian through a will, your family will be able to petition the Clerk of Guardianship. However, this means that the Clerk will not know what your wishes were so the person appointed as Guardian may not be the one you wished to have this quality.
What’s the difference between a Testamentary Trust and a Revocable Living Trust?
To put it simply, a Testamentary Trust is created at death through a will and serves as instructions for the Executor to create a trust. For example, if your next of kin is under a certain age, your will can specify that a trust will be created to hold the beneficiary’s share until they reach the age you specify.
On the other hand, a Revocable Living Trust is created during the life of the Trust creator in order to transfer all his assets by will or beneficiary designation.
