Joint accounts can prove helpful or problematic. Estate planning can feel daunting. If you are a private person, the public nature of probate may be particularly unappealing. Even if you have a last will and testament, not all assets should necessarily pass through your last will and testament. Some assets will be distributed to heirs […]
Stretching an IRA is challenging but not impossible. Not too long ago, your estate plan likely included a Stretch IRA. This allowed your retirement funds to last for the lifetime of your non-spousal heirs (typically your children). With the SECURE Act, this option is no longer on the table for wealth transfer. According to a […]
A trust does little good without trust funding. You secured the services of an experienced estate planning attorney to create a trust. Perhaps you wanted a trust for privacy purposes. Maybe you needed to protect an inheritance for or from your heirs (or perhaps both!). Perhaps avoiding probate was a priority. According to a recent […]
Knowing estate planning terms is a helpful start to preparing for your future. You are many things. You are talented. You are kind. You are a hard worker. Even so, you are not an estate planning attorney. Although you have heard you need an estate plan, you are not exactly sure what this means. According […]
Special needs planning goes beyond basic estate planning. You have a loved one with special needs. As you consider taking the steps to create an estate plan, you want to be sure to include this loved one. Any experienced estate planning attorney will tell you special needs planning requires additional considerations beyond a basic estate […]
A mortgage does not disappear when the home owner dies. You recently inherited from the estate of your parents. This inheritance included the family home. Although inheriting a residence can be beneficial, it can also bring challenges. According to a recent Bankrate article titled “Does the home you inherited include a mortgage?,” the situation can […]
The pandemic has reminded people of limits to their control. At the start of 2020, you likely had many plans. Perhaps you (or a loved one) were going to get married surrounded by friends and family. Maybe you were going to watch your child walk across the stage at graduation. Perhaps you had a large […]
Naming a guardian is important when you have minor children. No, it is essential. Are you a parent of minor children? If yes, your financial situation may feel strained. In addition to the expenses you had before children, you are now feeding more mouths and clothing more bodies. Estate planning may be at the bottom […]
Taxing life insurance benefits is dependent on several factors. You have people who depend on your income. Perhaps this is your spouse only. Maybe you also have children. Life insurance can be useful in providing financial protection for your loved ones if you were to die. According to a recent MoneyWise article titled “Are Life […]
Estate administration require attention to detail. Your loved one named you as the executor or trustee through estate planning. Now, your loved one is dead. You know you need to take action. Unfortunately, you are unsure what steps you need to take. According to a recent The Record-Courier article titled “Protecting an estate requires swift […]
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.
