Choosing agents requires careful consideration. Very considered consideration. Successful estate planning, including incapacity planning, does not rely on the validity of the signed documents alone. Although the preparation and execution of the documents is essential, the content is equally important. The right fiduciaries and agents must be clearly appointed. According to a recent Nasdaq article […]
Taking steps to create a successful estate plan will pay off. Many people enjoy knowing exactly what they need to do before taking the required steps to accomplish something. In many cases, it is comforting to know what is expected. Without clear directions, the fear of doing something wrong paralyzes them. I know I feel […]
College students should prioritize their estate planning. No, really. Attending university is often the first time young adults are away from their families for longer than a few weeks. They must learn to juggle all aspects of their lives like homework, laundry, and meal planning. As college students practice their independence, it is helpful to […]
Nope. Just kidding. A comprehensive estate plan protects assets and loved ones. A lot of people really like to have control. It helps them to feel more secure. That likely includes you, yes? Although you cannot always control what happens to you, you can prepare for what is outside of your control. According to a […]
Dementia and Alzheimer’s require thoughtful, but quick action. Hearing a doctor pronounce a diagnosis of dementia or Alzheimer’s is devastating. It impacts both the patients and their loved ones. Fear is a common response as the progression of the disease leads to loss of memories, personality, relationships, and independence. According to a recent Next Avenue […]
Gifts can be a helpful way of reducing estate tax liability. Estate taxes can cost certain estates significantly. Because taxes can reduce inheritances to heirs, it is not surprising when people try to plan strategically to reduce these costs. Sometimes these give rise to cases and questions in Tax Court. Rut row. According to a […]
A living will is essential in a medical crisis. Families commonly have to make truly challenging decisions regarding health care of loved ones. Often these choices involve whether to provide life-sustaining treatments. The burden of this responsibility is heavy indeed. According to a recent Forbes article titled “How Does A Living Will Work?,” advanced planning for […]
Choosing a nursing home requires thoughtfulness and thoroughness. As loved ones age, they may lose independence in an instant. Whether through a fall or as the result of an illness, loved ones who enter a hospital may need more care than you can provide when they are released. In these situations, a nursing home or […]
How well a person can balance may be a health indicator. Falls can cause injury at any age. When younger, damage is often minor. It includes bruises, scrapes, and a little embarrassment. For seniors, losing balance can lead to broken bones and dangerous head injuries. According to a recent The New York Times article titled […]
The cost of long-term care is not going down. People are not all powerful. They cannot stop the steady march of time. Even making healthy decisions does not stop the aging process. As people get older, they require more assistance as their bodies begin to fail. According to a recent The Indiana Lawyer article titled […]
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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.
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.
