Beneficiary forms overrule last will and testament wishes for assets. A last will is an important estate planning document. It is used to name executors, designate guardians for minor children, and provide instructions for distributing assets. When an estate plan is referenced in news articles or television shows, only the last will is typically addressed. […]
Dianne Feinstein left a large estate to her loved ones. Most people do not accumulate vast wealth during their lifetimes. Although they may leave inheritances to their loved ones, the assets are usually meager to moderate. They create estate plans not to address tax implications but to ensure the proper individuals are listed as heirs. […]
Diet can worsen high blood pressure. The average American diet is terrible for blood pressure. Unlike many other countries where foods are fresher and healthier, processed foods are more common in the United States. Although processing food can extend its shelf life, it can also shorten the life of individuals who consume these products regularly. […]
A revocable trust may not be necessary. People who love fluffy bread but do not understand the chemistry of baking may believe more yeast yields larger loaves. A baker knows the best results require a delicate balance of the key ingredients and the proper kneading and proofing of the dough rather than simply adding more […]
Some medications can cause liver damage. The liver is a vital organ. Understatement. It serves a key role in filtering toxins from the body. Because the liver metabolizes medications, it has a higher exposure to these substances than other body parts. According to a recent VeryWell Health article titled “Liver Damage from Medication (Drug-Induced Liver […]
Estate planning reduces financial frustrations when settling an estate. Perhaps you have heard the phrase, "failing to prepare is preparing to fail." Although many attribute this to educational, business, or athletic endeavors, it applies to estate planning. The stakes are often higher with estate planning. Why? There is no learning from your mistakes after you […]
Depression may be linked to dementia. The brain is a powerful organ. Through various neural networks, it supports the entire body by regulating breathing and heart rate and encoding memories and information. When the normal function of your brain is affected, so is your mental and emotional well-being. According to a recent MedPage Today article […]
Inherited IRAs can be complicated for heirs. Some assets are simpler to inherit than others. Not too long ago, IRAs were a flexible and desirable asset for estate planning. This is no longer the case. According to a recent yahoo! finance article titled “What Happens When I inherit an Annuity?,” the SECURE Act is responsible for […]
Eating olive oil could reduce the risk of dementia development. What people eat impacts their health. We all know that, right? After all, you are what you eat. The negative health effects of processed foods are widely known. While more natural foods tend to have better nutrients for supporting general health, some are recognized as […]
Storing a last will and testament safely is a key step in estate planning. Many would argue the ending is more important than the beginning. Although a sports team may be ahead early in a game, it does little good if they make many mistakes and eventually lose the game. The win will go to […]
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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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