Using a living trust is ideal under certain circumstances. When it comes to estate planning, you should thoroughly consider your options. First, you will want to select an experienced estate planning attorney to create your plan. Such an estate planning attorney will create a plan to best meet your unique needs. According to a recent […]
Social Security needs may look different for men and women. Women and men are alike in many ways. They are also distinctly different. These differences do not make one better than the other. They may, however, demand specific planning. This is especially true when it comes to retirement planning. According to a Money Talk News […]
Dementia can be recognized through financial forgetfulness. All people can be forgetful occasionally. Forgetfulness is not always an indicator of dementia. However, it is a symptom. According to a recent Medical Express article titled “Older adults with dementia exhibit financial 'symptoms' up to six years before diagnosis,” financial forgetfulness is correlated to higher rates of […]
Probate is particularly complicated when there is no last will and testament. Settling an estate can take time. The executor who is named in the will must be approved by the probate court. When this is done, the executor can inventory and secure assets, notify creditors, pay debts and bills, distribute assets, and file the […]
Married couples should weigh pros and cons of joint trusts and separate trusts. Perhaps you have been married for just a short time. Maybe you are celebrating another decade of life together. Either way, you are wanting to include trust planning in your estate plan. You must now answer whether you want joint trusts or […]
Some states are better for veterans in retirement than others. You are a member of the United States Armed Forces. In the military, you have served others for your entire career. You have been deployed, and you have been relocated with your family.s Now, you are planning for retirement and trying to decide on where […]
Change of beneficiary forms are useful when updating an estate plan. You know who you want to inherit your assets. But they are not the same folks as from a few years ago. Your circumstances have changed. I get that. So, you updated your last will or your revocable living trust. Excellent. However, according to […]
Serving as a trustee or executor requires fulfillment of several duties. Perhaps family members or friends have asked you to serve as the executor, trustee, or agent in their estate plan. You are not sure what this means. They tell you the role is essentially following their instructions in their estate planning documents. Although this […]
We often hear the medical terms Alzheimer's and dementia used interchangeably. This suggests that Alzheimer's and dementia present the same, but are in really just different medical terms for the same condition. Is that really so? Alzheimer’s is the most common cause of dementia. It affects roughly 60-80% of the people with dementia. Consequently, it […]
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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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