Kansas and Missouri Estate Planning Blog

Eye Exam

What Can an Eye Exam Reveal about My Health?

POSTED ON: May 25, 2021 BY: Kyle Krull
An eye exam can uncover health problems. Eyes are truly remarkable. How they work to provide us the ability to see and experience life in color is truly amazing. They are also important in emotional expression and connection. This is reflected in the phrase “the eyes are the windows to the soul.” According to a […]
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Payable on death account

What is the Purpose of a Payable on Death Account?

POSTED ON: May 24, 2021 BY: Kyle Krull
A payable on death account is one means of transferring assets to heirs. There are several ways assets are distributed. The most commonly recognized is a last will and testament. Other options include gifts, trusts, and beneficiary designations. According to a recent Sports Grind Entertainment article titled “Payable on Death (POD) Accounts,” a payable on […]
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Estate plan necessary

What is Essential to Include in an Estate Plan?

POSTED ON: May 20, 2021 BY: Kyle Krull
An estate plan is essential to protect your loved ones and their futures. Estates planning can become quite complex for those with complex assets wealth or family tensions. Those who require a only a "simple" plan, may be surprised at the number of documents required to meet their needs. It is safe to say estate […]
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Affairs in order

How do I Put My Affairs in Order?

POSTED ON: May 18, 2021 BY: Kyle Krull
People should prioritize getting their affairs in order through estate planning. Many things and people demand your time and attention. Perhaps you have a complex project at work you need to complete. Maybe your children need a ride to baseball practice. Perhaps the dishes from two nights ago need to be washed. Although important, these […]
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Wealth

Is Wealth Necessary for Estate Planning?

POSTED ON: May 14, 2021 BY: Kyle Krull
Wealth is not a prerequisite for estate planning. Newspaper headlines remind us the rich and famous need estate planning. After all, prince or pauper, no one gets out of this life alive. In fact, Prince is one example of this fact. Although he was a successful musician and his image was important to him, Prince did […]
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Lack of sleep and dementia

Does Lack of Sleep Lead to Dementia?

POSTED ON: May 11, 2021 BY: Kyle Krull
The amount of times a person sleeps may be a risk factor for dementia. Sleep is important. For anyone who has stayed up later than expected or had to wake up earlier than desired, this seems like common sense. A lack of sleep can make us irritable and sluggish. According to a recent The New […]
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Estate planning for young families

How Does Estate Planning Benefit Young Families?

POSTED ON: May 5, 2021 BY: Kyle Krull
The cost to young families without an estate plan is high. Young families are busy. Understatement. Diaper changing, potting training, doctor visits, meal times, and bedtime routines are exhausting. Many parents feel as if their lives are in constant motion and chaos. They can barely muster enough energy to go to bed much less think […]
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Digital assets and cryptocurrency

Is Estate Planning for Digital Assets Simple?

POSTED ON: May 4, 2021 BY: Kyle Krull
Your "digital assets" require estate planning, too. Traditionally, estate planning has involved the transfer of property like real estate, collections, bank accounts, and investments to the next generation. Although this is still accurate, your property likely includes digital assets now. According to a recent Tech Crunch article titled “What happens to your NFTs and crypto […]
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Powers of attorney

What Should I Know About Powers of Attorney?

POSTED ON: May 3, 2021 BY: Kyle Krull
Powers of Attorney are necessary for incapacity planning. It is impossible to predict the future. Sudden illnesses, car accidents, or work injuries can leave you and your family in a precarious position. This danger is heightened if you failed to put fundamental legal protections in place. According to a recent My Prime Time News article […]
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Family-owned business

How Can I Preserve My Family-Owned Business?

POSTED ON: April 30, 2021 BY: Kyle Krull
A family-owned business will likely fail without a business succession plan. You run a family-owned business. Serving your clients or customers brings you both joy and income. In fact, your business is your most significant financial asset. This means you have much to lose through life events, whether disability, retirement, or death. According to a […]
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