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On July 5, 2025, Missouri residents are turning to estate planning in record numbers as concerns about economic uncertainty continue to rise. A recent survey conducted by the Missouri Trust and Estate Association revealed that there has been a significant uptick in the number of individuals setting up trusts and drafting wills to ensure their assets are protected and their loved ones are taken care of in the event of their passing.According to estate planning attorney, Sarah Johnson, "Many people are realizing the importance of having a comprehensive estate plan in place, especially during times of economic uncertainty. By establishing trusts and drafting wills, individuals can have peace of mind knowing that their assets will be distributed according to their wishes and their loved ones will be provided for."The COVID-19 pandemic, along with recent fluctuations in the stock market and rising inflation rates, have highlighted the need for proactive estate planning. Many individuals are taking proactive steps to ensure that their financial affairs are in order and that their families are protected from any potential economic hardships.In addition to traditional estate planning measures such as wills and trusts, many Missourians are also exploring advanced planning techniques such as dynasty trusts, irrevocable life insurance trusts, and charitable remainder trusts. These tools can help individuals minimize estate taxes, protect assets from creditors, and create a lasting legacy for future generations.The Missouri Trust and Estate Association is encouraging residents to seek out professional guidance from estate planning attorneys and financial advisors to ensure that their estate plans are tailored to their unique needs and goals. By taking a proactive approach to estate planning, individuals can provide for their families, protect their assets, and leave a lasting legacy for future generations.