O'Donnell Law Center : Lake of the Ozarks

Life is a long, winding journey. There are several stops you must make along the way and several tasks that will require attention at some point. Some things cannot be addressed only once - they must be readdressed periodically to ensure that they are still relevant and up-to-date. Estate planning is one such task. An effective estate plan is designed to meet your specific needs by reflecting your current position in life. Since your position will likely change at least once (and potentially several times) as you age, it is important to consider updating your estate plan to reflect your current position and needs. O'Donnell Law Center is here to help you keep your estate plan up-to-date by discussing a few situations when it may be wise to update your estate plan. Getting Married Or Divorced Marriage and/or divorce are major milestones in one's life. Whether you are creating a marital union or dissolving one, your life will be drastically different once the process is...

Our estate planning division is one of the most active divisions at our Lake of the Ozarks general practice law firm . This is a good thing, because it means people are recognizing the importance of making end of life decisions and getting those wishes in writing. There are several different situations in life that may trigger the need to develop or revise your estate plan. We have talked before about some of them, such as buying your first home or car, receiving an inheritance, and/or starting a business. This week, your estate planning professionals in Osage Beach MO are here to discuss a few other situations that may motivate people to make important end of life decisions. When To Draft (Or Revise) Your Estate Plan Starting A Family Starting a family is a life-changing experience. Your kids will become your whole world - the first people you think about when you wake up in the morning and the last people you think about before going to sleep at night. As parents, you wi...

End of life is something no one wants to think about, but it will inevitably happen to all of us. Being prepared by setting up an estate plan at the Lake of the Ozarks can make things much easier on our relatives after we pass and can ensure that our wishes are met after we are no longer in the physical realm. Many people ask our estate planning attorney in Osage Beach MO when they should set up their estate plan. However, there is not a single right time to do it; every person's situation is different. This week, we want to explore some of the different situations in which you might want to consider setting up your estate plan or, if you already have a plan in place, updating your existing plan to meet your current needs. Events In Your Life That Might Trigger The Need To Have An Estate Plan Include... Buying Your First Car Or Home When you own property, it's important to dictate what should happen to it   when you pass away. Do you want a relative or ...