Titling assets is a key aspect of estate planning. Titling on documents is a lot like labeling. Parents label lunchboxes, clothing, and other items to remind them and others of the ownership of each item. Essentially, titling assets serves to legally label such assets with then identity of their owner. According to a recent FedWeek […]
Family fights arose in the after the death of Johnny Cash. While "the Man in Black" was a talented musician, he was not without his personal struggles. Just like everyone not in the public eye. Perhaps this is one reason why his work resonated with so many people. His incredible voice was able to capture […]
A DNR is not the same as a living will. Accidents and sudden illness are frightening. They can leave people feeling helpless. Without proper incapacity planning, they really might be powerless. According to a recent Florida Today article titled “One Senior Place: Know the difference between ‘living will’ and ‘do not resuscitate’,” it is important […]
New parents should prioritize getting life insurance. Parenthood changes life significantly. Rather than two adults being responsible for themselves and each other, they must now rear and protect a child. While motherhood and fatherhood expand joy and love, they also bring attending concerns and fears. According to a recent Bankrate article titled “Life insurance for […]
A power of attorney is essential for any college freshman. Fall is quickly approaching and school is starting back up here in Kansas and Missouri. While elementary school kiddos have been shopping for pencils, paper, and markers to prepare for school, college students have been buying textbooks and purchasing bedding for their dorms. Although physical […]
Valerie Bertinelli and Tom Vitale are fighting over a premarital agreement. Being a celebrity does not guarantee a fairy tale ending. While some pop stars, television personalities, and politicians are happily married to one individual, others face one or multiple divorces. Whether a person is well known or anonymous, divorce is never pleasant. <understatement?> It […]
Digital lives require estate planning. When people do not prepare for their possible incapacity or eventual deaths, they can leave their loved ones faced with significant challenges. Considered a recent cautionary tale involving a man named John Ajemian. At the age of 43, he died in a bicycle accident. John had no last will and […]
A testamentary trust can give people more control from the grave. No, really. Those leaving inheritances can often feel torn. They know the assets they leave to loved ones could provide support in times of need. They also know their heirs may not be ready to make wise financial decisions when they inherit. A significant […]
Beneficiary designations cannot be overlooked in estate planning. Movies and media often misrepresent estate planning. They tend to focus only on the last will and testament of an individual. In doing so, it appears this is the only means of distributing wealth. Nothing could be further from reality. According to a recent Kiplinger article titled […]
Some insurance policies are necessary through all life stages. Insurance is certainly helpful in adulthood. Without car insurance, a simple fender bender could prove devastating to any budget. Home owners insurance is a lifesaver should your basement get flooded, your roof get struck by lightening, or your neighbor boy hit a baseball through the window […]
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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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