Kansas and Missouri Estate Planning Blog

Trust or will

Should I Choose a Will or a Trust?

POSTED ON: November 3, 2021 BY: Kyle Krull
Some individuals could get away with having either a trust or a will. Estate planning involves making decisions. You will need to choose who makes decisions if you become incapacitated. It also will be important to select heirs and perhaps protect their inheritance "for" or "from" them as needed. According to a recent MSN recent […]
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Aging Parent Finances

How Do I Talk with My Parents about Finances?

POSTED ON: November 2, 2021 BY: Kyle Krull
Conversations with aging parents about their finances can benefit their estate planning. Young children often know little about their parents. This is partly because children are interested in few things but themselves. It also can stem from a family rule about certain topics being off limits. Finances is often one such topic. According to a […]
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Gray Divorce

What are Complications of Divorcing in Retirement?

POSTED ON: November 1, 2021 BY: Kyle Krull
Divorcing when in retirement can be quite messy. Divorce is complicated at any stage of life. Young families have to navigate co-parenting and support. Often for the sake of the children, people choose to divorce later in life. When people are divorcing in their 60s or 70s, this is often referred to as “gray” or […]
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Conservatorship

What is the Purpose of a Conservatorship?

POSTED ON: October 29, 2021 BY: Kyle Krull
A conservatorship is not always controversial like with Britney Spears. Conservatorships have been in the news recently as celebrities like Britney Spears or Amanda Bynes battle their parents for control over their lives and finances. If people were to base their knowledge of conservatorships from only these articles, they would conclude that conservatorships serve no […]
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Alzheimer’s and Dementia Research

Might Early Life Influence Onset of Alzheimer’s?

POSTED ON: October 28, 2021 BY: Kyle Krull
Understanding the development of dementia and Alzheimer’s may help with treatment. Dementia and Alzheimer’s are not uncommon. Researchers have been working for years to better understand the origins and progression of these brain diseases. Studies have addressed the illnesses from a variety of lenses, including diet and exercise. According to a recent UC Davis Health […]
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Notarized Documents

Why Do Some Documents Need to be Notarized?

POSTED ON: October 25, 2021 BY: Kyle Krull
Certain documents are ineffective if they are not notarized. Many people do not know what a notary is until they require one. Getting a signature and stamp on a piece of paper may seem unimportant. It may be tempting to ignore this step for legal documentation. According to a recent WTOP article entitled “What Is a Notarized […]
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Comprehensive estate plan

What is Included in a Comprehensive Estate Plan?

POSTED ON: October 21, 2021 BY: Kyle Krull
A comprehensive estate plan does not simply appear out of thin air. Young people often do not consider their own mortality. It is common to believe the next day will be much like the one before it. Since early 2020, the uncertainty of life has become more pronounced for many Americans. As a result, the […]
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DNR

What is Included in a DNR order?

POSTED ON: October 18, 2021 BY: Kyle Krull
A do-not-resuscitate order, or DNR, can have unintended consequences. Imagine this horrifying scene. You are suffering the effects of an accident, illness, or complications of a routine medical procedure. The only way to give you a chance at recovery is to perform CPR. According to a recent The Petoskey News-Review article titled “Do-not-resuscitate orders apply […]
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Estate Planning Checkup

Why Should I have an Estate Plan Checkup?

POSTED ON: October 14, 2021 BY: Kyle Krull
Certain events should trigger an estate plan checkup. Nothing in your life happens in a vacuum. Your personal and work decisions impact each other. The decisions of others also can affect you and your loved ones. According to a recent Kiplinger article titled “2021 Estate Planning Checkup: Is Your Estate Plan Up to Date?,” what […]
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Buy-sell agreement

What Should be Included in a Buy-Sell Agreement?

POSTED ON: October 8, 2021 BY: Kyle Krull
A buy-sell agreement can protect a small business. Business owners have a lot to think about. Their daily concerns include customers, employees, and finances. In fact, they are the last one's to get paid each month (if then). With the constant demands on their attention, business owners can forget to consider what will happen when […]
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