Having an estate plan should be a priority in 2024. At the start of a new year, many people reflect on the past and set goals for the next twelve months. For many, this involves dusting off the old dumbbells to "get fit." Others may elect to "shop the perimeter" of the grocery store to […]
End-of-life planning requires certain documents to be signed and in place. Few people enjoy sitting and pondering their own mortality (death), let alone morbidity (incapacity). In addition to considering basic existential questions, many people also have practical inquiries about their personal responsibilities. What will happen to my family? Will my spouse and children have enough […]
Members of the sandwich generation must juggle responsibilities on multiple fronts. The "sandwich generation" is a term used to describe those who care for aging parents while raising their own children. Although people have cared for family members across generations for thousands of years, those in the sandwich generation still face many unique challenges and […]
A living trust can provide greater control over asset distribution. People like to be in control. It provides comfort in predicting outcomes. It also minimizes the negative impact other people can have on us. The problem? Complete control is an illusion. Humans are affected by weather, natural disasters, car accidents, governments, and even other individuals. […]
Marital trusts protect couples and their families. Family gatherings are common during the holidays. For some, these are fairly simple logistically and emotionally. Loved ones live nearby and get along reasonably well. For many, the time is filled with stress around scheduling and relationship dynamics. It can be hard enough to manage holidays between the […]
Advance health care directives are a vital component of incapacity planning. It never hurts to be prepared. This statement rings true whether you are studying for a test, dressing for the weather forecast, or getting food ready for family gatherings. Preparation is also necessary for unexpected events like accidents, injuries, or illness. In short, the […]
Power of attorney documents are necessary for incapacity planning. Although a trust is functional while the trustmaker is still alive, a last will and testament is only effective after death. Assets titled to a revocable living trust could be managed seamlessly by co-trustees or successor trustees if the trustmaker becomes incapacitated. Still, any property outside […]
Hydration is a key component to overall health. Access to water has been prioritized by people for thousands of years. People have been building their communities near streams, lakefronts, and ocean bays to provide easy access to water for irrigation, drinking, and transportation. The need for this essential resource is still just as important. According […]
Some medications can cause liver damage. The liver is a vital organ. Understatement. It serves a key role in filtering toxins from the body. Because the liver metabolizes medications, it has a higher exposure to these substances than other body parts. According to a recent VeryWell Health article titled “Liver Damage from Medication (Drug-Induced Liver […]
Estate planning reduces financial frustrations when settling an estate. Perhaps you have heard the phrase, "failing to prepare is preparing to fail." Although many attribute this to educational, business, or athletic endeavors, it applies to estate planning. The stakes are often higher with estate planning. Why? There is no learning from your mistakes after you […]
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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.
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