Family businesses require careful planning for future longevity. Very careful. You are a small or mid-sized business owner. In fact, your business is a family business. Perhaps you started it yourself. Maybe you inherited it from your parents. You want to pass this legacy on to your own children and grandchildren. Unfortunately, times are uncertain […]
Financial Powers of Attorney grant both authority and responsibility. You have been granted financial power of attorney. This action speaks to your character and trustworthiness. You are flattered. You are also a bit worried. And with good reason. You are not quite certain what responsibilities (and potential liabilities) you have under the financial power of […]
Dying without a will is detrimental to your estate. You have been thinking about your own mortality. What will happen when you die? What legacy will you leave? Will your loved ones be okay without you? According to recent Forbes article titled “The Dangers Of Dying Without A Will,” the answer to this question depends […]
COVID-19 threatens retirement savings for many. Perhaps you saved early for retirement. Maybe you waited until later in your career. Either way, your retirement savings were invested for future growth. All was well. Unfortunately, COVID-19 threatens your retirement because of the economic downturn. Is all hope lost? According to a recent USA TODAY article titled […]
Low interest rates can benefit your estate planning strategies. The world has been greatly impacted by COVID-19. This is no secret. It has affected jobs and taken lives. According to a recent The National Law Review Journal article titled “Estate Planning in a Low Interest Rate Environment,” COVID-19 has impacted interested rates. In fact, interest […]
Testing for dementia requires the involvement of a physician. Your parents are aging. When you call them, you begin to notice changes. They are having difficulty remembering with language, problem-solving, and memory loss. You begin to wonder whether this is the result of simple tiredness or if it is the sign of something worse. You […]
Art can prove a tricky asset in estate planning. You love art. It is beautiful. It is meaningful. It can also be costly. Your precious works of art may become an estate planning challenge. According to a recent Financial Advisor article titled “Putting Art Into Charitable Remainder Trusts,” tangible assets like artwork can be difficult […]
Executors can benefit from personalized instructions. You have set up your last will and testament. Congratulations. You know what you own. You have decided who will inherit your assets when you die. You have even selected an executor (also known as a "personal representative") for your estate. According to a recent The Wall Street Journal […]
Do Not Resuscitate (DNR) orders and living wills are not the same. The COVID-19 pandemic means more people are thinking about end-of-life issues. Some people who are exposed to the virus are barely affected. For others, it becomes an issue of life or death. According to a recent Lehigh Valley Live article titled “What’s the […]
Gifting assets can help your estate planning. You have been quite successful financially. Your job pays well. You have invested wisely. In fact, you have more than you need. According to a recent The National Law Review article titled “Is Now a Good Time to Make a Gift?,” gifting assets could benefit you and your […]
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.
