Estate taxes and inheritance taxes can reduce the wealth left to loved ones. The U.S. government is quite capable of spending money. Understatement? Even money it does not have. And from where does that money originate? Citizens are taxed. A variety of taxes exist at the local, state, and federal levels. People are taxed on […]
Musicians often struggle in retirement. Retirement is a goal for most Americans. Some people desire to retire early and simply travel and rest. Others love productivity and desire to continue working in some paid or volunteer capacity, even in their golden years. Still, other people prefer a "semi-retired" lifestyle, balancing work and play. For some […]
Trusts can benefit those with mental illness. No one person or family is exactly like another. Even twins vary in their personalities, interests, and habits. I know, I have twin daughters. A variety of factors impact estate planning choices. According to a recent Arkansas Democrat Gazette article titled “Creating special needs trust ensures that mentally […]
Consuming coffee may improve blood pressure. Yaay! Like many, I enjoy a good cup of Joe to start the morning and occasionally throughout the day. Typically, I enjoy mine “fully leaded.” Other times, I prefer decaf or “half-caf.” Either way, the delightful aroma, and the rich flavor are a simple pleasure. According to a recent […]
A guardianship or conservatorship is a common outcome when no powers of attorney exist. Freedom and independence are common themes in the United States of America. Think 1776. People want to be able to choose how to save and spend their money, as well as where to live and spend their time. While most children […]
Medicare does not cover all medical expenses. Many Americans must enroll in Medicare at age 65. This transition from private or business insurance can trigger mixed feelings. For some, reducing paying for expensive insurance premiums is a welcome change. For others, Medicare means entering a new aging stage and navigating a different type of healthcare. […]
A sleep drug may have preventative effects against Alzheimer's disease. Watch any drug commercial, and you will note prescriptions have side effects. A lot of them. Some sound worse than the benefits provided by the drug! In some instances, people find taking a drug for one health condition can sometimes help with other symptoms or […]
Strokes can be devastating medical incidents. The brain interacts with all body systems. As a result, damage to the brain can have significant negative impacts. Although the brain can be injured in various ways, strokes can be especially unsettling because the causes are internal. According to a recent Verywell Health article titled “Everything You Should […]
A Spousal Lifetime Access Trust (SLAT) can provide protection in asset transfers. Distribution of assets involves numerous considerations. Everyone must address taxes, state laws, and federal laws. Certain families and individuals must also navigate complicated family dynamics. According to a recent The Tennessean article titled “Learn about options for estate planning and wealth transfer,” a […]
On Veterans Day, November 11, we remember all of those who have served in the United States military and worn the cloth of our nation. However, on Memorial Day, the third Monday in May, we remember all of those who have given "the last full measure" of devotion in their service to this great nation. […]
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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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