A last will and testament protects against a variety of negative consequences. Preventative measures are important. Many people keep umbrellas in their cars in case it rains. Applying sunscreen is common to decrease the chances of developing skin cancer. Expectant mothers often pack hospital bags in advance so they are ready to "deliver" at anytime. […]
Keeping the family farm requires estate planning. Farmers are known for their hard work, patience, and perseverance. Similar to estate planning, crops only thrive when their specific needs are taken into account. Despite this parallel, about 60 percent of farmers do not have a last will and testament. According to a recent Farm Journal’s Pork […]
Blended families require special attention in estate planning. Families are not always peaceable. Every age and stage carries unique conflict triggers. The death of a parent often awakens old wounds and can create new ones. According to a recent Forbes article titled “Could Your Aging Parents’ Estate Plan Create A Nightmare For Step-Siblings?,” special care […]
How you divide your estate plan impacts your loved ones. Parents who want to leave their assets to the next generation will have more decisions to make if they have more than one child. If you have one child, he or she can be a solo heir without triggering jealously. On the other hand, under […]
Successful estate planning does not just happen. The past year has been one filled with much loss. People have been let go from jobs. In fact, jobs have disappeared. The robust economy under President Trump has been crashed. Loved ones have died. According to a recent Accounting Web article titled “A Simple Guide to Estate […]
Following specific steps is important to a successful estate plan. It is not uncommon to make mistakes. These frequently occur in areas outside of our areas of experience. Although blunders are common, they can be costly. To err is human; to forgive, divine. (Alexander Pope) According to a recent Forbes article titled “7 Steps To […]
Estate planning can be a difficult subject to discuss with loved ones. You may be perfectly comfortable talking about death, incapacity, and estate planning. This does not mean your loved ones will feel the same way. Thinking about mortality can be uncomfortable for many. Taking stock of everything required when organizing an estate can feel […]
Fitness provides health benefits at any age. What do you envision when you hear the word “fitness”? Do you imagine elite athletes at the Olympics or professional level? Maybe you think of personal trainers at a local gym. You may even recall your own athletic competitions as a youth. According to a recent Money Talks […]
Many celebrities have failed at estate planning. It is common for Americans to be envious of celebrities. Their talents, money, and influence can be quite appealing. Although the life of a celebrity may appear glamorous, they too have their struggles. According to a recent Forbes article titled “Lessons to be Learned From Failed Celebrity Estates,” […]
A trust provides benefits beyond what beneficiary designations accomplish. When it comes to estate planning, every family and individual family member is different. Although people may have similar assets, they have unique goals and circumstances. All of these variables influence whether a trust should be including in an estate plan. According to a recent Nj.com […]
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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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