An estate planning checklist can keep you accountable and organized. When it comes to estate planning, creating and reviewing your plan is a significant step. Without an estate plan in place, you will leave the settlement of your affairs up to the probate courts and the laws of your state. This is not ideal. Your […]
Neither your last will nor your revocable trust supersedes your beneficiary forms. Do you have a retirement account? If yes, you have likely seen a beneficiary designation form. Retirement accounts are one of several types of assets passed to heirs through beneficiary designations. Many people simply fill out the form upon the creation of the […]
A letter of last instruction can provide clarity to loved ones. Creating an estate plan is the most important step you can take to protect your loved ones when you die. If you have done this, your estate will be settled and assets distributed through legally recognized means. Although you have your estate plan in […]
Claiming Social Security can feel like a balancing act. For many, Social Security is a key consideration for retirement. Even so, the benefits will not allow you to maintain your current standard of living in most instances. For this reason, you will need to manage your current savings and maximize your Social Security benefit. According […]
Everyone needs to plan for retirement. Retirement may be couple of years away or a couples of decades away. Either way, it is coming. You may be able to choose the time of your retirement. Cutbacks or health issues may force you into retirement earlier than anticipated. According to a recent Nasdaq article titled “Do […]
Do-it-yourself estate planning can leave an ugly mess. There are people who prefer to tackle projects on their own. For some, this is born from necessity. For others, curiosity or personal growth is the driving force. Perhaps you are someone who prefers do-it-yourself projects. Whether you learn how to tackle a project from your parent […]
Retirees should prioritize getting necessary documents for estate planning. If you are an adult, you should have an estate plan. You never know when you will die, or become incapacitated. Although you occasionally hear about people retiring in their 30s, most people retire after decades in the workforce. These older retirees should take steps now […]
Living safely at home may be possible for many seniors. Aging comes with an increase in ailments. As people get older, their bodies decline cognitively and physically. For some, this can be a rapid onset. For others, the decline can be slower. According to a recent Tapinto.net article titled “Caring for Elderly Parents: Can They […]
There are things you should not include in your last will and testament. You have recently inventoried your assets. Your list includes your real estate, your investments, your bank accounts, and your tangible property. With this step completed, you are ready to create an estate plan. According to a recent MSN Money article titled “Things […]
Personalize your estate plan to meet your specific needs. No one person is exactly alike. Even identical twins have distinctive features. I know, if have identical twin daughters! People have their own goals, families, jobs, and income sources. According to a recent Cleveland Jewish News article titled “Tailoring estate to specific needs leads to better […]
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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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