Kansas and Missouri Estate Planning Blog

Spouse is dying

What Should I Do When My Spouse is Dying?

POSTED ON: February 24, 2021 BY: Kyle Krull
The stakes are high when your spouse is dying. Death is an unpleasant reality, but a reality nevertheless. It carries with it loss and grief. Preparing for the death of a loved one is never easy emotionally, mentally, or physically. This is especially challenging when your spouse is dying. According to a recent Market Watch […]
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Health care power of attorney

Why Do I Need a Health Care Power of Attorney?

POSTED ON: February 17, 2021 BY: Kyle Krull
All adults should have a last will and testament, living will, and a health care power of attorney. When you are a child, you depend on your parents. If you get sick, they call your doctor, take you to the appointment, and give you the prescribed medicine. You depend on them for food, clothing, and […]
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Caregiving support for aging parents

When Will My Parents Require Caregiving Support?

POSTED ON: February 10, 2021 BY: Kyle Krull
Many people require caregiving support as they age. You are getting older. This means your parents are also getting older. As people age, their minds and bodies begin to wear down. When this happens, full independence may no longer be an option. According to an AARP article titled “5 Signs Your Loved One May Need […]
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Reasons for estate planning

Is There More to Estate Planning Than a Will?

POSTED ON: February 8, 2021 BY: Kyle Krull
Estate planning is one important step to caring for your loved ones after your incapacity or death. I have heard many excuses over my career as an estate planning attorney. Many people think estate planning is only for the super wealthy. Others believe it is only important if they are married or have children. These […]
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Unfunded trust

How Does One Remedy an Unfunded Trust?

POSTED ON: January 29, 2021 BY: Kyle Krull
An unfunded trust will undermine your estate planning. Your estate planning goals included avoiding probate. You also desired to simplify asset management should you become incapacitated. Consequently, your experienced estate planning attorney recommended a revocable living trust. You agreed and happily signed the papers for the creation of your living trust. According to a recent […]
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Letter of last instruction

Do I Need a Letter of Last Instruction?

POSTED ON: January 25, 2021 BY: Kyle Krull
A letter of last instruction can provide clarity to loved ones. Creating an estate plan is the most important step you can take to protect your loved ones when you die. If you have done this, your estate will be settled and assets distributed through legally recognized means. Although you have your estate plan in […]
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Do-it-yourself estate planning problems

Why Should I Avoid Do-It-Yourself Estate Planning?

POSTED ON: January 20, 2021 BY: Kyle Krull
Do-it-yourself estate planning can leave an ugly mess. There are people who prefer to tackle projects on their own. For some, this is born from necessity. For others, curiosity or personal growth is the driving force. Perhaps you are someone who prefers do-it-yourself projects. Whether you learn how to tackle a project from your parent […]
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Necessary estate planning documents

What are Necessary Documents for Estate Planning?

POSTED ON: January 19, 2021 BY: Kyle Krull
Retirees should prioritize getting necessary documents for estate planning. If you are an adult, you should have an estate plan. You never know when you will die, or become incapacitated. Although you occasionally hear about people retiring in their 30s, most people retire after decades in the workforce. These older retirees should take steps now […]
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Seniors living independently

Is Living Safely at Home Possible for Seniors?

POSTED ON: January 18, 2021 BY: Kyle Krull
Living safely at home may be possible for many seniors. Aging comes with an increase in ailments. As people get older, their bodies decline cognitively and physically. For some, this can be a rapid onset. For others, the decline can be slower. According to a recent Tapinto.net article titled “Caring for Elderly Parents: Can They […]
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When to use trusts

When Are Trusts the Ideal Estate Planning Tool?

POSTED ON: January 1, 2021 BY: Kyle Krull
Trusts can solve a number of estate planning problems. Many people think of the ultra wealthy when they envision the use of trusts in estate planning. They imagine “trust fund babies” driving foreign cars, having parties on yachts, and never working a day in their lives. According to a recent Market Watch article titled “3 […]
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