The death of a spouse is tragic event. When you get married you imagine a “happily ever after” story. You think about rearing a family together and growing old together. No one imagines losing his or her spouse. According to a recent Next Avenue article titled “Preparing for the Unexpected Death of a Spouse,” an […]
Unmarried couples need to prioritize estate planning. You have found someone you love. You have moved in together. Neither of you wants to get married. And it seems this practice is becoming more common. From 2007 to 2016, the number of cohabiting couples increased from 14 million to 18 million. According to a recent CNBC […]
Yes, Virginia, even celebrities can make huge estate planning mistakes. America is a celebrity culture. Some people want to be famous. Others simply have a favorite celebrity. Many people attempt to emulate these public figures. According to a recent Florida Today articles titled “Lessons in estate planning from the rich and famous,” following the example […]
Reverse mortgages can be complicated. As as senior, you needed money. You did not qualify for a home equity line of credit or a reverse mortgage. You turned to a reverse mortgage to satisfy this need. According to a recent nj.com article titled “Can we undo a reverse mortgage to keep the home?,” many people […]
Paperwork has a time limit. Or does it? With the beginning of each new year, we look around and wonder what to do with it. For many people, this is a good time to declutter their paperwork. We all have files. These could be purchase receipts, tax documents, or official correspondences. According to a recent […]
Advance health care directives are important for all adult Americans. People do not stay healthy forever. Bodies either wear out over time or get beat down through injury or illness. When this happens, people may not be able to express their own medical decisions. According to a recent Forbes article titled “Two-Thirds of All Americans […]
Estate planning attorneys help people get their affairs in order. Close your eyes and try to picture an attorney in your mind's eye. Who do you see? Likely it is a trial lawyer from a televisions show or movie. When it comes to estate planning attorneys, most people have no frame of reference. In fact, […]
Fiduciaries have a number of legal responsibilities. Serving as a fiduciary is an honor. A fiduciary is often selected to administer an estate or trust. He or she may also be responsible for managing the lifetime finances of another individual as an attorney in fact under general durable power of attorney. According to a recent […]
Funeral arrangements are best made in advance. When you die, your family will grieve. The loss of a loved one cuts deep. The last thing they need to be doing is making big decisions. According to a recent The Leader article titled “Important to provide instructions for preferred funeral, burial wishes,” arranging your funeral in […]
Trust funds are not only for the super wealthy. You have heard of trust funds. Perhaps you envision the Rockefeller family. Maybe you visualize mansions, diamonds, and summer homes. According to a recent Business Insider article titled “A trust fund gives you control over your money after you’re gone, and it’s not just for the […]
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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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