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 […]
Hiring an estate planning attorney is always a good idea. Okay, that sounds self-serving, but stay with me on this. Many people try to do estate planning on their own. They think they can simply download a document from the internet and call it good. Generally, this does not turn out well. Even if a […]
Tony Siragusa was but 55 years old when he died. Sports commentators tend to be former athletes. As such, people tend to believe they are in fairly good health. This assumption makes the death of Tony “The Goose" Siragusa in June of this year surprising. According to a recent MSN article titled “What Was NFL […]
An irrevocable trust may not be able to escape the capital gains tax. Minimizing taxes is a common estate planning goal. Most people would prefer their assets benefit loved ones or a special charity than the government. Those who work with an experienced estate planning attorney have better chances than others to accomplish this goal. […]
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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.
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.
