"One Solitary Life"* Here is a man who was born in an obscure village as the child of a peasant woman. He grew up in another obscure village. He worked in a carpenter shop until he was thirty and then for three years was an itinerant preacher. He never wrote a book. He never held […]
Trusts have limitations regarding IRAs. You have an Individual Retirement Account (IRA). You also have a trust. You are in the process of "funding" your trust. As you review your assets, you wonder what should be placed in the trust. According to a recent Investopedia article titled “How Can I Put My IRA In a […]
End-of-life discussions are not easy to have. Every year you are getting older. Perhaps you are at the age where many close friends and loved ones have already passed away. Some families were prepared for this loss. Others were not. According to recent articles on The Conversation Project titled “Starter Kits” and AARP.org titled “Caregiver […]
A step-up in basis can help with capital gains taxes. You own real estate property. You are trying to decide whether to gift this property to your children now or pass it on when you die. According to a recent Motley Fool article titled “What is a Step-Up in Basis?,” whether real estate is gifted […]
Finances should be prioritized at the end of the year. Money is an important part of life. How you handle your finances can have a lasting impact. Consequently, you do not want to look back on 2019 and wish you had done things differently. According to a recent The Daily Journal article titled “5 financial […]
Long-term care is more costly in certain states. The majority of Americans will require long-term care at some point in their lives. In fact, once you reach age 65 the chances of needing long-term care at some point is 70 percent! It is important to plan for this costly expense. You cannot plan properly without […]
A professional executor may be a wise choice for you estate. You know what you have. You have decided who gets what. You know who you want to take care of things if you cannot. Now you need an executor for your estate. According to a recent nj.com article titled “Should I choose a bank […]
Estate planning is complicated without everyone onboard. You know you need an estate plan. If fact, you are wanting to start the process now. There is one problem. Your spouse refuses to discuss estate planning. According to a recent nwi.com titled “Estate Planning: Can one spouse plan?,” this is not ideal. Talking about your incapacity […]
Remarriage requires careful planning. The holidays are a popular time for engagements. Wedding plans may now in the works for you. Congratulations! All marriages take careful planning and involve important discussions about finances and futures. According to a recent U.S. News & World Report article titled “6 Financial Considerations for Remarriage,” these discussions are even […]
College students require estate planning. Perhaps you have recently entered college or are planning to in the near future. Maybe you are the parent of a college student. Either way, you should understand that estate planning is important for college students. According to a recent Forbes article titled “3 Estate Planning Documents Every College Student […]
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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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