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 […]
Joint accounts can prove helpful or problematic. Estate planning can feel daunting. If you are a private person, the public nature of probate may be particularly unappealing. Even if you have a last will and testament, not all assets should necessarily pass through your last will and testament. Some assets will be distributed to heirs […]
Do not neglect estate planning for your second marriage. Preparing for a wedding and a marriage can be stressful, especially if it is not your first trip down the aisle. With COVID-19, you may feel as if there is no end to challenges. As you and your future spouse plan for you big day, the […]
Dying without a will is detrimental to your estate. You have been thinking about your own mortality. What will happen when you die? What legacy will you leave? Will your loved ones be okay without you? According to recent Forbes article titled “The Dangers Of Dying Without A Will,” the answer to this question depends […]
Pandemics bring end-of-life decisions to the forefront. The spread of COVID-19 across the globe makes this a pandemic. People all over the world are experiencing the same fears. They are thinking about sickness. They are thinking about death. What can they do? What can you do? According to a recent Milwaukee Journal Sentinel article titled […]
Gray divorce will impact estate planning. You are no longer in the days of your youth. You are either nearing or in retirement. You are also entering into a divorce. According to a recent Clare County Review titled “Rising Gray Divorce Rates Are Making Estate Planning Problems More Complicated,” gray divorce brings with it a […]
Blended families often involve conflict. For example, coordinating Christmas and New Years with a blended family may have felt overwhelming. Combining families means bringing more people (and personalities) to the mix. While "more people" can bring more fun, it also can bring more complications. According to a recent Investment News article titled “Reducing potential family […]
Remarriage requires careful planning. The holidays are a popular time for engagements. Wedding plans may now in the works for you. Congratulations! All marriages take careful planning and involve important discussions about finances and futures. According to a recent U.S. News & World Report article titled “6 Financial Considerations for Remarriage,” these discussions are even […]
Life insurance can help provide future financial security after a divorce. You are divorced. Maybe this is a recent occurrence. Perhaps it has been a long-standing reality. Either way divorce requires strategic planning when it comes to finances. According to a recent Insurance News Net article titled “5 Ways Life Insurance Eases Post-Divorce Estate Planning,” […]
Blended families require strategic estate planning. Blending two families is no small task. You have two households coming together rather than simply two people coming together. Whether your new family is formed after losing both of your former spouses to divorce, death, or a combination, things can get complicated fast. According to a recent The […]
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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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