The laws of Missouri provide a default set of rules that mandate how much and to whom an estate will pass upon an individual’s death, as well as who will serve as the executor (personal representative) and guardian of any minor children. These default rules are seldom consistent with the individual’s idea of who should receive the assets, be named executor, or be named to serve as guardian for children. A carefully tailored estate plan ensures that personal preferences and objectives are clearly stated so that the individual’s intentions will be carried out exactly as desired.
