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Medicaid Planning Law Firm in Cape Girardeau, MO

Medicaid Planning Blog Digest

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Can Annual Gifts Be Made Retroactively?

Been working with a New Madrid family that has worked hard over the last several decades and have accumulated an estate that is likely to cause there to be federal estate tax when they die. They were anxious to determine what needed to be done to reduce the ultimate federal estate tax burden. We had […]

Can I Keep My Car in Bankruptcy?

Today I had a phone call from a potential client. She had just received a notice that her wages were going to be garnished. She was concerned that if her wages were garnished her family wouldn’t be able to pay their remaining bills to keep the lights on and food in the pantry. A co-worker […]

3 Concerns Common Among Estate Planning Clients

Recently I worked with a family who had a family farm just outside Cape Girardeau county. They told me they had three main estate planning concerns. First, they had two kids. They wanted to make sure that when they were gone, their son and daughter would be treated fairly. It was also important to them […]

Estate Planning Workshops in Cape Girardeau

Last week we held 2 estate planning workshops – one in Cape Girardeau and one in Jackson. The major purpose of these workshops is to educate individuals about what happens with no planning and the difference planning can make. I have yet to have someone attend the workshop and tell me that they didn’t learn […]

Cost of Nursing Home in Cape Girardeau County

As an attorney focused on Elder Law, many clients ask me, “How much does a nursing home around Cape Girardeau cost?” The answer is that it depends on which facility you go into. Different facilities have different rates… and they change frequently. As of November 1, 2016, here is the cost of skilled nursing facilities […]

Bankruptcy Can Be a Fresh Start

The first time I was asked to assist with a bankruptcy case, my initial reaction was, “OK, I’ll take one for the team, but this isn’t something I want to do.” That first case completely changed my perspective. It was a mom and dad who had 2 young kids. In the past the dad had a very […]

New Office Location in Cape Girardeau

Our new office location is in Cape Girardeau at 2007 Independence Street. That’s near the new Walmart Neighborhood Market and in between John’s Pharmacy and the Grecian Steakhouse. Mailing Address is: Law Office of Mark McMullin 2007 Independence Street Cape Girardeau, MO 63703

A Situation Where Life Insurance DOES Go Through Probate

Example. Kirk and Lisa wanted to make their estate settlement simple for each other and for their three children. Knowing that assets in a revocable trust avoid probate, they created a trust and transferred their stock, home, LLCs into their trust. Kirk and Lisa “heard” that life insurance avoid probate because it’s paid to the […]

Estate Tax Proposals For Hillary Clinton and Donald Trump

Perhaps you are wondering, “What are the differences in the estate tax proposals for Donald Trump and Hillary Clinton?” In its current pre-election form, an estate must pay federal estate tax if the estate has a net fair market value in excess of $5.45 million as of the date of death. The estate tax rate […]

What Everyone Ought to Know About a Missouri Affidavit of Heirship

It’s common for individuals who own real estate to procrastinate estate planning. Too frequently, individuals procrastinate too long and end up passing away with no plan in place for their real estate. The result: legal confusion. One family comes to mind. The wife had real estate that was only in her name. When she passed […]

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