Kansas and Missouri Estate Planning Blog

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Joint ownership

What are Risks Associated with Joint Ownership?

POSTED ON: March 27, 2025 BY: Kyle Krull
While many assets have the option of joint ownerships, people should take this step after much consideration. Trusts, beneficiary designations, and transfer-on-death deeds can provide the same benefits with fewer risks.
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Generational wealth

How Can You Protect Generational Wealth?

POSTED ON: March 20, 2025 BY: Kyle Krull
Generational wealth must be transferred effectively in order to benefit children, grandchildren, and future generations. Comprehensive estate planning protects assets for loved ones.
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Appreciated assets

What are Gifting Options for Highly Appreciated Assets?

POSTED ON: March 18, 2025 BY: Kyle Krull
Strategically gifting appreciated assets helps maximize charitable contributions, reduce tax burdens, and preserve wealth for future generations.
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Grandparents

What are Common Gifting Mistakes Made by Grandparents?

POSTED ON: February 6, 2025 BY: Kyle Krull
Grandparents should not neglect their own financial security and estate planning goals when gifting to their grandchildren.
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taxes

How Can Estate Planning Improve Taxes for Heirs?

POSTED ON: September 24, 2024 BY: Kyle Krull
People should do more than select heirs in their estate planning. They should also take steps to reduce the taxes to their estate.
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Annuities

How to Include Annuities in Your Estate Planning

POSTED ON: July 16, 2024 BY: Kyle Krull
Annuities can provide tax advantages, income security, and legacy benefits for your heirs.
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Legacy planning

What Legacy Planning Steps Should I Take in 2024?

POSTED ON: March 21, 2024 BY: Kyle Krull
Take action early in 2024 to maximize opportunities for reaching financial and legacy planning goals.
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Tax exclusions

What Should I Know about Gift Tax Exclusions in 2024?

POSTED ON: March 7, 2024 BY: Kyle Krull
Estate planning and tax planning actions should be taken now to maximize tax benefits of wealth transfer.
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Adding a child to a home deed

Is Adding a Child to a Home Deed Okay?

POSTED ON: February 21, 2024 BY: Kyle Krull
Adding a child to your home deed can trigger unintended consequences. People tend to choose the easiest option at the moment. Sometimes, selecting this option is harmless, like grabbing the first shirt in your dresser drawer. Other times, it can be the best option for you, like hiring a plumber to fix the sink rather […]
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Transfer property

How Do I Transfer Property Efficiently?

POSTED ON: February 15, 2024 BY: Kyle Krull
People must transfer property to others when they die. All humans come into this world with nothing of their own. Toys, clothes, and food are provided to them by their parents or gifted by other family and friends. As individuals go through life, they may purchase a vehicle, a home, furniture, jewelry, and art. Bank […]
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