The estate of Aretha Franklin took years to settle. Communication is essential in various aspects of life. Spouses with poor communication can quickly grow apart and find resentment building. Inadequately outlined procedures and structures can be the bane of businesses. Failing to share about estate planning wishes can lead to costly court battles. Understatement. According […]
A letter of instruction supplements legal estate planning documents. Some things are unnecessary but are helpful. For example, TSA pre-check and Global Entry are not required to travel by air. Those who travel by airplane infrequently may find the cost of these to be unjustifiable. Others who fly frequently internationally and domestically for business or […]
Sharing an inherited home with siblings can become complicated. Siblings do not always share well. While this is often obvious when they are children, many brothers and sisters are no better when they become adults. Even those who have learned to share well may struggle occasionally in adulthood due to circumstances. Some children grow up, […]
Estate planning attorneys are essential to protecting yourself and your loved ones. Attorneys tend to get a bad “rap," deservedly or undeservedly. I know numerous unflattering jokes about attorneys. Like all comedy and humor, what makes them funny is the hint of truth and relatability. Okay, here is one of my favorite attorney jokes. In […]
Glenn Frey left both a legacy of music for the world and provision for his family. Many people dream of being a guitarist in a successful band. Few realize this dream. Glenn Frey was one of the few fortunate and talented individuals who made a living from making music for the enjoyment of the masses. […]
Multigenerational estate planning should be completed with an experienced estate planning attorney. Families are an essential consideration in estate planning. Sometimes family dynamics are fraught with tension. Other families share deep relationships and connections among and between the generations. According to a recent Kiplinger article titled "How to Handle Estate Planning for Multigenerational Living Arrangements," both […]
Finding a missing heir is not always easy. Heirs are those individuals who receive inheritances from someone who has died. Generally, these heirs are family or friends. When people create a last will and testament, they designate their heirs. They can include or exclude almost anyone they like. According to a recent Next Avenue article […]
Distinct differences exist between wills and trusts. Estate planning typically involves creating a will-based or a revocable living trust-based plan. Both have been used for generations to transfer assets to loved ones successfully. While most people have likely heard both terms, they still may be confused about the differences between wills and trusts. According to […]
Heirs may be responsible for estate taxes. Not all estates will require payments of estate taxes. It is dependent on a number of factors, including the size of the estate and the specifics of the estate plan. Those who have assets valued in excess of the federal estate exemption threshold and those who live in […]
The role of probate judges is to oversee estate administration. Generally speaking, judges are responsible for upholding the local and federal laws in the courts. In some cases, this involves deciding on appropriate discipline for criminal actions. In other cases, judges must oversee the execution of legal documents for business arrangements or estate plans. According […]
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.
