Choosing the wrong power of attorney could get you into trouble. Incapacity planning is important for any adult. If something happens to you and you cannot manage your financial and health care decisions on your own, you will need someone to do so on your behalf. This involves creating and signing a power of attorney. […]
You cannot neglect your finances in retirement. You have recently entered retirement. You are enjoying some time to yourself with fewer responsibilities. Even so, there are certain responsibilities you cannot ignore. According to a recent MoneyTalksNews article titled “7 Money Moves You Should Make After Retiring,” you cannot escape legal matters and financial decisions. What […]
It is wise to discuss estate planning with your parents. Your parents are getting older. Perhaps their health is declining. Maybe they are simply nearing retirement. As they age, they may require more of your support. According to a recent Yahoo Finance article titled “How To Talk to Your Parents About Their Estate Plan (Without […]
Traditional Medicare will not cover all medical expenses. When you turn 65, you are eligible for Medicare coverage. Traditional Medicare coverage involves Medicare Part A and Part B. Unfortunately, you may have healthcare needs not covered by Traditional Medicare. According to a recent Kiplinger article titled “7 Things Medicare Doesn’t Cover,” you will need to […]
You should take action on your estate plan before the end of 2020. It is now November. No, really. We are fewer than two months away from the start of a new year. 2021. Yikes! This year has brought many challenges <understatement> and has underscored the importance of estate planning. Although we cannot predict what […]
Following these five tips could help you pass your assets to your family. You have worked hard your whole adult life. When it came to managing your finances, you saved for retirement, made wise investments, and did not spend beyond your means. You are now considering estate planning. You want to pass your assets to […]
Some individuals prioritize probate avoidance in their estate planning. Probate is a common estate planning term. Many people talk about probate as if it is something inherently evil. Perhaps this has been your experience. What you have heard may lead you to believe that probate avoidance is essential to estate planning. According to a recent […]
It may be challenging to provide care for a parent from a distance. Many families no longer live near each other. Jobs opportunities (or requirements) have taken adult children far from home. Perhaps you are one of these adult children. Now your parents are aging and need your help. You are not sure how to […]
Do not neglect estate planning for your second marriage. Preparing for a wedding and a marriage can be stressful, especially if it is not your first trip down the aisle. With COVID-19, you may feel as if there is no end to challenges. As you and your future spouse plan for you big day, the […]
A GRAT can serve as helpful estate planning tool for some people. Federal estate taxes may be problematic for some because of the current low interest rates. As a result, many are looking for a way to reduce their tax liability. Finding the best means of doing so can be tricky. According to a recent […]
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.
