Welch Law recently moved. Our new office address is 50 Centre on the Lake, Lake St. Louis, Missouri 63367. We are conveniently located a minute or two from I-70 at the Lake St. Louis Blvd. exit. Here are a few pictures of the new office, we hope you like it!
Blog
What Can You Learn About Estate Planning From Prince
Prince, a Legend Prince, well known (I say, legendary) musician, passed away two years ago this April. What he left behind is reminiscent of the life he lived, at least his life through the publics’ eye. On one hand, Prince left his fans with smooth instrumentals, cherished memories, and a legacy accessible through many music […]
Partnership Representative- New Partnership Audit Rules
Fact: The Partnership Audit Rules Have Changed New partnership audit rules for LLCs taxed as partnerships, and Partnerships, took effect January 1, 2018. These new rules, and the new position of partnership representative, greatly change the landscape of partnership audits. For the unweary, these changes appear to be a simple change to your tax filings. […]
What is a Living Trust? Do I Need a Trust?
If you are asking these questions, chances are someone you know has recently told you that you need a trust. Depending on who that someone is, they may be right. However, not every person or family needs a revocable living trust. While many people do benefit from the advanced planning structure a trust offers, that determination […]
Trust Fund Baby, Not What You Think
We have all heard negative connotations of the “Trust Fund Baby.” Some of you may have even heard a recent song on the topic (especially if you like boy bands). Unfortunately, this negativity causes many people to think they only need a trust if they are super wealthy. Nothing could be farther from the truth. […]