Creating an estate plan should be treated as a priority. What people value can be see in what they actually prioritize. Students can say their education is important to them but spend little time studying. Athletes who do not practice demonstrate they do not want to improve or win. According to a recent The Street […]
It is important to revisit your trust. Most things in life require maintenance. A car needs its oil changed and will require parts to be replaced as road use wears them down. Homes require new coats of paint, cleaned gutters, and constant lawn mowing. Even the human body benefits from dentist appointments, annual physicals, and […]
It is quite easy to mess up an estate plan. People often feel overly confident about their abilities. They watch a baking show on television and think they create equally delicious treats, especially if they adopt a British accent while baking. Others think they can write a book simply because they can appreciate a good […]
It is possible to refuse an inheritance. Many people and cultures consider it rude to decline a gift. Chances are you were told to smile and thank your relative for the Christmas or birthday present you did not like. In fact, you may even have had to wear it the next time you saw this […]
Digital estate planning is essential for certain assets. The world has changed rapidly in the past several decades. With the invention of the internet and personal computers, the digital world has exploded. People can send mail, messages, and money digitally. Pictures can be stored, videos streamed, and personal profiles and channels curated. According to a […]
Placing real estate in a trust can be a good idea for some people. Not everyone owns real estate. Some individuals choose to live their entire lives in apartments to minimize their responsibilities at home when not at work. Others lived in a home but sold it after their children left for college or the […]
Elder law and estate planning are not synonymous. Your parent is getting older. In fact, you are recognizing signs of memory problems as well as physical frailty. Although your parent can live independently now, you recognize this will not last forever. You do not know what to do. According to a recent Forbes article titled […]
Gifting money before death can be a wise estate planning move. Money and taxes cannot be separated. When purchasing and selling, taxes are usually in the mix. With estate taxes, the government tries to take a cut of your money postmortem. Although the current federal estate and gift tax exemption is $11.7 million per person […]
It is important for someone to know your financial information. The right to privacy is a value with many benefits. Even so, there are times where failing to share information can prove problematic. One such area involves health concerns. If the physician providing you with medical care does not know your medications or your health […]
Cryptocurrency functions differently from traditional money. Much has changed over just the past several decades. Computers can now be taken from one location to another. Phones now do more than simply make phone calls. Asset holdings have even changed as people hold cryptocurrency. According to a recent The Indiana Gazette article titled “Millennial Money: What […]
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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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