Placing conditions on an inheritance can cause problems. In some instances, it is appropriate to require certain standards to be met before receiving a benefit. Students must earn a minimum grade to pass a course. Athletes must pass a drug test to compete at the Olympics. Even attorneys must pass the bar exam to practice […]
Hyperbaric oxygen therapy may prove a beneficial treatment for brain trauma. Dementia and Alzheimer’s are devastating brain diseases. They impact relationships with loved ones and endanger physical health. This impacts alone make these diseases particularly devastating for people and their loved ones. Much research has been focused on Dementia and Alzheimer’s in recent years. According […]
Moving to a new state requires updating several legal documents. The process of moving is never simple. It involves packing and unpacking, purchasing or renting a new residence, and saying goodbyes. Moving is further complicated when you move to a new state. According to a recent J.P. Morgan article titled “Changing your state of residence,” […]
It is important to adjust estate planning for changes in tax law. It has been said “the only constant is change.” People get older, trends come and go, and technology is constantly developing. Similar to updating an operating system on your phone so it can continue to function well, estate plans should be updated regularly […]
A pot trust can provide flexibility in estate planning. You know you need an estate plan. The problem you face is knowing what you should include in your estate plan. Should you use a will-based plan or a revocable living trust-based plan? According to a recent Wealth Advisor article titled “How Does a Pot Trust […]
Life insurance can be useful in a variety of circumstances. Many people purchase life insurance policies when they have young families. They want to provide income for their spouse and children if they were to die. After all, life insurance is the only financial product that can create an "instant estate" before you have time […]
Aging has some benefits for your brain. When you think of aging, you likely envision declining health and bodily functioning. Maybe you think of broken hips, sore joints, and weakening vision. Although general health for many people declines with age, there are some areas where you may find improved functioning. No, really. According to a […]
It may be necessary to protect inheritances from in-laws and addictions. It is not uncommon for adult children to make poor decisions. Sometimes this means they will choose undesirable spouses. For others, it may involve the development of a substance or behavior addiction. Whatever the issue, an outright inheritance may be unwise. After all, you […]
It is important to update an older estate plan. Things tend to get worse when no one tends to them. Gardens become overgrown with weeds. Buildings fall into disrepair. Muscles atrophy. After all, the Second Law of Thermodynamics seems to apply to all of life. According to a recent NASDAQ.com article titled “Is Your Estate […]
Estate planning mistakes are more common than they should be. Simply creating an estate plan may not be enough. If you take the advice of someone other than an experienced estate planning attorney from your state of residence, you could get yourself into trouble. In fact, you could endanger everyone you love and everything you […]
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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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