Testing for dementia requires the involvement of a physician. Your parents are aging. When you call them, you begin to notice changes. They are having difficulty remembering with language, problem-solving, and memory loss. You begin to wonder whether this is the result of simple tiredness or if it is the sign of something worse. You […]
Art can prove a tricky asset in estate planning. You love art. It is beautiful. It is meaningful. It can also be costly. Your precious works of art may become an estate planning challenge. According to a recent Financial Advisor article titled “Putting Art Into Charitable Remainder Trusts,” tangible assets like artwork can be difficult […]
Executors can benefit from personalized instructions. You have set up your last will and testament. Congratulations. You know what you own. You have decided who will inherit your assets when you die. You have even selected an executor (also known as a "personal representative") for your estate. According to a recent The Wall Street Journal […]
Do Not Resuscitate (DNR) orders and living wills are not the same. The COVID-19 pandemic means more people are thinking about end-of-life issues. Some people who are exposed to the virus are barely affected. For others, it becomes an issue of life or death. According to a recent Lehigh Valley Live article titled “What’s the […]
Help your aging parents during COVID-19. Seniors are particularly vulnerable to viruses. In fact, the CDC reports 80 percent of reported COVID-19 deaths have been adults age 65 or older. For this reason, many are home-bound in response to COVID-19. They cannot spend time with friends and family face-to-face. How Do I Help? It is […]
Gifting assets can help your estate planning. You have been quite successful financially. Your job pays well. You have invested wisely. In fact, you have more than you need. According to a recent The National Law Review article titled “Is Now a Good Time to Make a Gift?,” gifting assets could benefit you and your […]
You need a "blueprint" for your estate plan. Do you have an estate plan? The answer is always yes. No estate plan is simply a poor option. It is messy, time consuming, and expensive. According to a recent Forbes article titled “How To Create An Estate Planning Blueprint,” you should have a carefully constructed estate […]
Different trusts serve different purposes. You likely have heard about trusts as part of estate planning. You know that one use of trusts is to bypass probate when it comes to transferring assets. This sounds appealing to you. Perhaps you will utilize a trust in your estate plan. According to a recent Investopedia article titled […]
Choosing where to retire requires forethought. Picture yourself in retirement. What are you doing? Are you spending time with children and grandchildren? Are you sitting on a beach? According to are recent Tucson.com article titled “Best States to Die In…For Taxes,” you should also consider taxes when choosing where to retire. Consider estate taxes. Although […]
Telemedicine is growing in response to COVID-19. You are not feeling well. Typically, you would go to a doctor. The times are anything but typical. Because of the COVID-19 pandemic, many doctors offices are closed to unrelated illnesses. Even if your doctor is open for business, you may not want to expose yourself to the […]
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Overland Park Estate Planning Attorney Kyle Krull assists clients in Kansas and Missouri with Estate Planning, Wills, Trusts, Revocable Living Trusts, Charitable Planning, Asset Protection and Business Succession Planning in the greater Kansas City area including Overland Park, Leawood, Olathe, Lenexa, Johnson County Kansas and Jackson County Missouri.
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