Knowing estate planning terms is a helpful start to preparing for your future. You are many things. You are talented. You are kind. You are a hard worker. Even so, you are not an estate planning attorney. Although you have heard you need an estate plan, you are not exactly sure what this means. According […]
Special needs planning goes beyond basic estate planning. You have a loved one with special needs. As you consider taking the steps to create an estate plan, you want to be sure to include this loved one. Any experienced estate planning attorney will tell you special needs planning requires additional considerations beyond a basic estate […]
A mortgage does not disappear when the home owner dies. You recently inherited from the estate of your parents. This inheritance included the family home. Although inheriting a residence can be beneficial, it can also bring challenges. According to a recent Bankrate article titled “Does the home you inherited include a mortgage?,” the situation can […]
One can catch up on retirement savings through intentionality with finances. You have been working for decades. In fact, you are now closer to retirement than the day you began your career. Unfortunately, you did not start saving enough or early enough for retirement. This leaves you with quite a bit of ground to cover […]
The pandemic has reminded people of limits to their control. At the start of 2020, you likely had many plans. Perhaps you (or a loved one) were going to get married surrounded by friends and family. Maybe you were going to watch your child walk across the stage at graduation. Perhaps you had a large […]
Naming a guardian is important when you have minor children. No, it is essential. Are you a parent of minor children? If yes, your financial situation may feel strained. In addition to the expenses you had before children, you are now feeding more mouths and clothing more bodies. Estate planning may be at the bottom […]
A Roth IRA can help you achieve greater financial security in retirement. After you enter retirement, your daily living expenses do not suddenly disappear. You still have bills to pay and groceries to purchase. Many people also have mortgages and other debts to pay off. When you add up these figures and the typical increase […]
Taxing life insurance benefits is dependent on several factors. You have people who depend on your income. Perhaps this is your spouse only. Maybe you also have children. Life insurance can be useful in providing financial protection for your loved ones if you were to die. According to a recent MoneyWise article titled “Are Life […]
Caring for those with Alzheimer’s can be a challenge. You recently had a loved one diagnosed with Alzheimer’s disease. Perhaps this condition runs in your family. Maybe it took you completely by surprise. In either instance, the news is devastating. According to a recent Think Advisor article titled “4 Things Advisors Should Know About Cognitive […]
Estate administration require attention to detail. Your loved one named you as the executor or trustee through estate planning. Now, your loved one is dead. You know you need to take action. Unfortunately, you are unsure what steps you need to take. According to a recent The Record-Courier article titled “Protecting an estate requires swift […]
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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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