A revocable living trust can protect assets for you and your loved ones. Selecting the right tool for a task is critical. Although one could eat chili with a fork, a spoon is superior. Both deliver food to the mouth, but one would be more efficient given the circumstances. Similarly, estate planning documents should be […]
Aspirin may be overused as a preventative measure for heart attack and stroke. Although the risk of heart attack and stroke is greater for older individuals, they can strike at any time. For those with family histories of these health problems, the fear of suffering from one of these is high. In the past, taking […]
Home owners must decide how to distribute this valuable asset. Owning and maintaining a house takes work. A lot of it. You are responsible for the lawn and garden, protection from pests, and general upkeep. Despite these added pressures, there are many perks. By owning a house, you can truly make it a "home" without […]
The food you eat can impact how you sleep. Everything feels worse when you are tired. It is hard to concentrate. Patience is in short supply. All you want to do is sleep and sleep well. According to a recent AARP article titled “Superfoods to Help You Sleep” better sleep may start with what and […]
Estate plans need to be updated after a divorce. Rarely do you hear of people getting married with the expectation of divorce in their future. In general, couples enter marriage believing they will be together forever. They build their lives anticipating long-term goals. Many couples include estate planning in these long-term plans. According to a […]
Tax exemptions may be changing with new legislation. Although the actions and decisions of people impact other people, most choices have a minimal reach. This is not the case when it comes to state and federal lawmakers. The choices made by those in power affect Americans for generations. According to a recent Mondaq article titled […]
Failing to designate a beneficiary on your accounts can cause problems for your estate. Assets come in all shapes and sizes. While some assets like a house take up significant physical space, others are held in accounts. Whether these accounts are bank accounts, retirement accounts, or investment accounts; it is likely each of these has […]
Having an estate plan is foundational to protecting loved ones and assets. People are planners. We plan our routes when driving. We prepare for meetings at work. We develop five- and ten-year plans. According to a recent Digital Journal article titled “What is an Estate Plan and What are its Benefits?,” many people, unfortunately, neglect […]
One can pass wealth to heirs using a variety of options. Whether you have been working for decades or years, you likely have accumulated assets. While you are alive, you use these to keep you fed, clothed, sheltered, and safe. After you have died, these assets no longer benefit you. According to a recent AARP […]
Celebrities often make headlines for a variety of reasons. However, when they make the news after they have died, that is when we learn of their estate planning mistakes. Most people live their lives in relative anonymity. They go to work, pay their bills, and care for their families with no fanfare. They are remembered […]
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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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