Small Estate Planning in Missouri: What You Need to Know
Small Estate Planning in Missouri
(Because “small” shouldn’t mean unprepared.)
When most people hear “estate planning,” they imagine large estates and complicated trusts. But even Missourians with modest assets need a plan. A little preparation now can prevent big headaches later and Missouri law gives families a few helpful tools when the estate is small.
What Is a “Small Estate”?
Missouri law allows a simplified process for estates valued at $40,000 or less after debts and liens. In many cases, that means you can avoid full probate. The process is called a Small Estate, and it lets heirs transfer property more quickly and affordably.
But don’t be fooled — even “simplified” doesn’t always mean simple. The forms must be accurate, notice rules must be followed, and timing matters.
Why Planning Still Matters
If your estate may qualify as “small,” that’s even more reason to plan ahead. By clearly designating beneficiaries and setting up the right titles or accounts (such as POD or TOD designations), your family may be able to avoid court altogether.
Without a plan, however, even a small estate can get tangled in legal or family disputes — and those can cost more than the estate itself.
Common Pitfalls
A few of the most frequent problems we see:
Assets titled incorrectly (causing them to go through probate anyway).
Missing creditor notices or wrong valuations that delay distribution.
Estates that slightly exceed the $40,000 limit but weren’t planned for.
These are easy to avoid — if you know what to look for.
When to Get Legal Help
If you’re unsure whether your loved one’s estate qualifies for the small-estate process, or if you want to make sure your own estate will, talk to an attorney familiar with Missouri probate law. A short consultation with us can prevent months of frustration and unnecessary costs.
Even a modest estate deserves thoughtful planning — and a little guidance goes a long way toward protecting what matters most.
Want help creating a plan that fits your family and your budget?
Our firm helps Missourians simplify the estate process, whether you’re planning ahead or handling a loved one’s estate.
