PMCW Law

All of us at the Law Offices of Phillips, McElyea, Carpeter, & Welch, P.C. want to take this opportunity to wish you and yours a very happy Memorial Day Weekend. The Lake of the Ozarks is a wonderful place to spend this holiday - there are a lot of exciting events taking place this weekend! Here is a quick overview of some of these great activities. Ozark Yacht Club's Parade of Lights Saturday, May 24 at 8:30 PM From powerboats to sailboats, all boat owners are encouraged to participate in this annual event to celebrate Memorial Day. Participants will decorate their boats in creative art displays and cruise a couple miles along the lake, commemorating the men and women who have sacrificially served our country.   Prizes will be given for the Best Decorated Boat and the First Runner Up. Whether you are a participant or a bystander, this is sure to be a beautiful event. Memorial Day Fireworks Displays  Saturday, May 24th at Dusk - Bear Bottom Reso...

The Law Offices of Phillips, McElyea, Carpenter & Welch, P.C . are committed to providing our clients as many options to protect their hard earned assets via good estate planning advice.  If you own a business, a home, investment property, stocks, or other assets, you may need to protect yourself from attack by potential creditors or from exorbitant taxation.  One structure that may help you is a "Family Limited Partnership". What is a Family Limited Partnership ? A family limited partnership (FLP) is designed to pool together a family's assets into a single family-owned business partnership.  This is different from a conventional trust and the family members actually own a share in the business.  There are two types of partners; general and limited.  General partners control all the decisions of the partnership and bear 100% of the liability.  Limited partners cannot participate in the management of the FLP and their liability is limited. FLPs...

At the Law Offices of  Phillips, McElyea, Carpenter & Welch, P.C ., we have a proven investment in our community and the next generation. We care deeply about the lives of those around us and want to help each young person in our community fulfill their dreams. We want to take this opportunity to pay it forward to the next generation of lawyers by compiling a list of tips and techniques for studying and maximizing your LSAT test score. The Test The LSAT is a standardized test that every prospective law school candidates must take. The exam lasts several hours and tests the candidates' reading comprehension and their logical and verbal reasoning proficiencies.  There are five 35 minute sections of multiple-choice questions.   Proper preparation is key to a strong test score! The Tips Determine your baseline. Take a few complete practice tests to determine your strengths and weaknesses. This will help you decide where to start prepa...

The Law Offices of  Phillips, McElyea, Carpenter & Welch, P.C . have the  best attorneys in the Lake of the Ozarks  area and a top notch support team to help you with most legal issues.  We want to feature the outstanding members of our firm via a series of Blogs where we ask some questions and get some insight on why they went into Law, learn about them as individuals, and feature what they do when they are not at work helping others.  We hope you enjoy this series, and we will feature a different team member every other week. Question - Why did you become a lawyer? Answer -   That is a good question because I almost didn’t become one.   I was in Forestry School at the University of Missouri scheduled to graduate in 1970 and it became apparent to most of us that there were no jobs in that field due to a recession that we were then going through.   I could have accepted a Fellowship in the Department of Plant Physio...