Estate planning is part of life planning. Most people think of death when they consider estate planning. Because people often avoid the unpleasant and uncomfortable, they ignore estate planning conversations. Although this is understandable, it is neither helpful nor accurate. According to a recent aol.com article titled “Estate Planning: 7 Things To Make Sure You Do,” estate planning […]
It is important to have a good estate planning attorney. Hiring an estate planning attorney is an important decision. People should not enter into this professional relationship lightly. Asking for recommendations from family, friends, or other professionals can be a good place to start. Whether you find options through recommendations or a web search, you […]
Memorabilia collectors should create plans for the transfer of these assets. Estate planning is essential for retaining control over who inherits assets. When preparing for the transfer of assets, most people list life insurance policies, investment accounts, and bank accounts. Tangible assets are often overlooked. According to a recent Kiplinger article titled “Estate Planning for Memorabilia […]
Secrecy is not the best policy when it comes to estate planning. Secrets are generally considered problematic for relationships. Exceptions include surprise parties and confidentiality within a therapeutic relationship or the attorney-client privilege. Typically, estate planning is not one of these exceptions. According to a recent Financial Advisor article titled “Family Wealth Transfers Undermined by Secrecy,” it […]
Funeral planning requires attention to detail. The loss of a loved one is not easy. It changes so many things. An important person is no longer part of your daily life. According to a recent Kiplinger article titled “Funeral Planning Can Prevent Further Grief,” the emotional toll is high after the death of a loved one. […]
Lisa Marie Presley made some estate planning mistakes. Estate planning should be undertaken with the help of professionals. This is especially true for more complex estates or family dynamics. Attempting to create or update an estate plan on your own can lead to issues with estate administration. According to a recent Insurance NewsNet article titled “Presley […]
Remarriage for seniors is not uncommon. Although many people envision young couples when they think of weddings, people get married and remarried at any age. For some, divorce or death leads to being single again. For others, they have simply waited longer to find the love of their life. According to a recent MSN article […]
Grief is intense after the loss of a loved one. Emotions are relatively challenging for many people. The complexity of grief can be particularly chaotic. Not only is a loved one no longer present, but the decedent is often someone who would have helped provide comfort and shoulder postmortem responsibilities. According to a recent Scubby […]
Probate can be more expensive than making an estate plan. People elect to avoid creating an estate plan for a variety of reasons. Some believe it is not important for them to take the time to do it. Others see the cost and consider it to be too expensive. According to a recent Nasdaq.com article […]
Portability can be helpful for large estate. Most people would rank taxes as one of their least favorite things. Be honest now. That includes you, too. Exceptions include the IRS, state and federal governments, and many tax accountants. The government levees a variety of taxes including income taxes, property taxes, capital gains taxes, and death […]
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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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