Family farms have been passed through generations. The Midwest is filled with farms. Cattle roam to and fro. Crops like wheat, soy, and corn rotate through the years. The land is beautiful. You care for the family farm like the generations before you have done. According to a recent High Plains Journal article titled “Don’t […]
Tax law will see changes in 2020. Taxes are a unavoidable part of life for Americans. You are paid for your services. You must then pay the government for theirs. Although there have been taxes since the founding of our country, these do not remain the same each year. According to a recent CNBC article […]
Ethical wills can pass on lasting values. Most people want to be remembered for the good they have done. They want to have positive legacies with family, friends, and career. The legacy you leave depends on how you live your life and the impact you have on others. According to a recent Harold Net article […]
Executors play a big role in probate proceedings. Executing a last will is no small task. As an executor, you are responsible for probating the last will, settling debts, and distributing assets. Preparedness is key. According to a recent Investopedia article titled “The Executor's Checklist: 7 Tasks Before They Die,” this starts before the testator […]
Pets need you to plan for their futures. Your pets are a part of your family. Maybe you have dogs. Perhaps you prefer casts. Maybe your house is home to birds, fish, or exotic critters. Whether your pets have feathers, fins, or fur, these family members have been your companions for years. Unfortunately, your health […]
Trusts do not nullify all taxes. Your parents or grandparents created a trust or trusts as part of their estate planning. Maybe they wanted greater control in asset distribution. Perhaps they simply desired to shield their wealth from estate taxes. Whatever the reason, as part of their planning they used trusts to provide the trust […]
This is one of my favorite holidays. We are heading to Berryton, Kansas, to enjoy our traditional feast with my folks, along with two out of our three adult daughters. We always have a wonderful time sharing old memories and making new ones. As every day, I am thankful on this "official" day of thanks […]
Life insurance can help provide future financial security after a divorce. You are divorced. Maybe this is a recent occurrence. Perhaps it has been a long-standing reality. Either way divorce requires strategic planning when it comes to finances. According to a recent Insurance News Net article titled “5 Ways Life Insurance Eases Post-Divorce Estate Planning,” […]
Stock market crashes can impact retirees. Depending on your age, you have likely lived through one or more of the big stock market crashes. Most people remember the 2008 crash. Although this was a significant blow to many, the 1987 crash was actually the worst one in America stock market history. According to a recent […]
Blended families require strategic estate planning. Blending two families is no small task. You have two households coming together rather than simply two people coming together. Whether your new family is formed after losing both of your former spouses to divorce, death, or a combination, things can get complicated fast. According to a recent 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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