Dying intestate is not ideal for distributing your inheritance. You have heard you need an estate plan. The problem is you do not want to pay for a last will and testament. I get that. Is it really bad to die intestate? According to a recent The Sun article titled “Do I Really Need A Will?,” […]
Do not risk your farm or ranch with poor estate planning. You are a farmer or a rancher. You carry on the rich legacy of many in Kansas. The work you do on your farm or ranch provides food for people across the nation. According to a recent High Plains Journal article titled “Don’t wait […]
Managing an inheritance can be intimidating and challenging. Receiving an inheritance can be a significant financial blessing. Unfortunately, it comes with great personal loss. In the midst of grieving a loved one, it is difficult to make sound decisions. According to a recent Motley Fool article titled “5 Considerations for Managing an Inheritance,” making financial decisions […]
Estate planning during a pandemic should be prioritized. The pandemic has changed much about how we approach daily life. People are sanitizing frequently. Friends are appreciating the value of in-person interactions. Parents are simultaneously enjoying time with their children and feeling overwhelmed with managing work and the learning environment for their children. According to a […]
Long-term care insurance will not be reformed, at least by federal government edict. The numbers are sobering when it comes to the likelihood of needing long-term care. It is well worth your time to read an in-depth study on this subject from the U.S. Department of Health & Human Services. Spoiler alert: the risk of […]
Today we celebrate the American national holiday known as Labor Day. If you are curious to know more about its origins, read all about it on the official U.S. Department of Labor website. The celebration of labor and enjoying the fruits thereof is nothing new. In fact, as King Solomon repeatedly observed millennia ago, "there […]
Trusts can be created to serve specific purposes. When it comes to estate planning, people usually have either a will-based plan or a trust-based plan. Those with a will-based plan intend to distribute assets through the probate court. Those with a trust-based plan intend to skirt probate and distribute assets through the instructions provided in […]
Green burials seem to be growing in popularity. When you think of funerals, what comes to mind? Do you imagine a wooden casket and a rectangular hole in the ground? Perhaps you envision a urn filled with ashes. Maybe your mind recalls marbel mausoleums. According to a recent Considerable article titled “More Americans are skipping traditional […]
Per stirpes and per capita designate how assets transfer to beneficiaries. You know estate planning is important. You scheduled an appointment with an experienced estate planning attorney. This attorney create a last will and testament or a trust to meet your specific goals. You now turn your attention to your beneficiary designations. According to a […]
Unpaid debts may need to be paid after you die. No surprise there. Like man Americans, you have a mortgage and credit care debt. Perhaps you even took out a loan to start a small business. Although you are faithfully making payments, you have began to wonder what will happen to unpaid debts when you […]
Commercial solicitations are permitted by the Missouri Rules of Professional Conduct but are neither submitted to nor approved by the Missouri Bar or the Supreme Court of Missouri.
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.
REMEMBER: “The choice of a lawyer is an important decision and should not be based solely upon advertisements.” This statement is required by rule of the Supreme Court of Missouri.
