Sometimes disinheriting stepchildren is a good idea. Having a blended family in the United States is pretty common. Sometimes one party may have a child or children from a previous marriage or relationship before marrying the love of their life. In many cases, both partners have been married before and have children from their previous […]
Poor estate planning can have unintended consequences. “The road to hell is paved with good intentions.” Although the author of this quote is unknown, the words ring true in a number of circumstances. Estate planning is one. According to a recent The News-Enterprise article titled “Advice for avoiding unintended issues in estate planning,” most people do not […]
Blended families have more estate planning "moving parts" to consider. Baking is a relatively benign form of chemistry. Ingredients are combined in specific amounts, at specific times, and at specific temperatures based on how they interact. If done well, the result is a tasty treat. If the ingredients were bad or the measurements were incorrect, […]
Walnuts have numerous health benefits. Foods are a significant factor in overall health. Highly processed food tends to lead to poor health outcomes. Think food that comes out of a bag or box with a list of unpronounceable ingredients and chemicals on the label. Although less processed foods are better in general, some types of […]
Remarriage for seniors is not uncommon. Although many people envision young couples when they think of weddings, people get married and remarried at any age. For some, divorce or death leads to being single again. For others, they have simply waited longer to find the love of their life. According to a recent MSN article […]
Sometimes sibling rivalries extend to their inheritance. Siblings do not always get along. It is normal to bicker and argue while growing up. Most parents hope their children will grow out of such childish behavior and do their best to facilitate love and cooperation. According to a recent yahoo! article titled “Can a Sibling Take […]
Prenuptial agreements can be helpful for many people. The last thing many couples in love want to do is get a prenuptial agreement. Prenups have a bad reputation of being cynical. So much for "all for one and one for all"? People believe these agreements are a sign one or both parties are expecting infidelity, […]
Talking with aging parents about estate planning is uncomfortable but necessary. People often avoid unpleasant conversations about various "elephants" in the room. Although avoiding an "elephant" can make everyone in the room feel less anxious in the moment, the relief is temporary when the elephant begins to move about. Unfortunately, "elephant avoidance" among family members […]
Estate planning for NFL teams is no small matter. Passing along assets to the next generation requires thoughtfulness for anyone. It involves even more planning when a business is one of these assets. Business succession planning and estate planning certainly must be "tackled" together, especially when the business is a professional football team (pun intended). […]
It can be helpful to reduce the size of a probate estate. The probate courts exist to oversee the passing of property between people and their heirs. Like many legal systems, it can be slow. When time is money, the costs can certainly add up. According to a recent Indianapolis Business Journal article titled “Try […]
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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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