Kansas and Missouri Estate Planning Blog

Beneficiary

Do I Need a Life Insurance Beneficiary?

POSTED ON: January 3, 2023 BY: Kyle Krull
Failing to name a life insurance beneficiary can cause significant problems. The end of one year and the start of another year is often a time to reflect on the past and plan for the future. People often reminisce about happy memories and hard losses. These reflections can inform the goals people make for the […]
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Spouses

Should Spouses Use Separate Attorneys?

POSTED ON: December 30, 2022 BY: Kyle Krull
Spouses may benefit from different estate planning attorneys. Married couples tend to share a lot of things. They often share a home, responsibilities, and finances. However, there may be some things partners may choose to keep separate. These can include inheritances for children from previous marriages and personal debts brought into the marriage. According to […]
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Sibling inheritance

Will My Children Argue Over Their Inheritance?

POSTED ON: December 29, 2022 BY: Kyle Krull
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 […]
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Widow

Who Can a Widow Look to For Help?

POSTED ON: December 28, 2022 BY: Kyle Krull
A new widow may require help from experts. Losing a spouse is never easy. It is heartbreaking to no longer have your best friend and partner. This is true whether you have been married months or decades. The death of a spouse means loss of present and future love and companionship. According to a recent […]
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Michael Fuchs

What Will Michael Fuchs Owe in His Divorce?

POSTED ON: December 6, 2022 BY: Kyle Krull
Michael Fuchs and his wife Alvina Collardeay-Fuchs are divorcing. While people may be equal in their inherent worth and value, they do not have the same financial situations. Some individuals have far more to lose financially than others. Billionaires may have more to lose than most of us can ever imagine earning. According to a […]
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Prenuptial agreements

Are Prenuptial Agreements Cynical?

POSTED ON: November 29, 2022 BY: Kyle Krull
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, […]
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Tom Brady

Did Tom Brady Have a Prenuptial Agreement?

POSTED ON: November 21, 2022 BY: Kyle Krull
Tom Brady and Gisele Bündchen have finalized their divorce. Although celebrity couples often seem to live charmed lives, they are not immune to common relationship struggles and conflicts. The marriage between Tom Brady and and Gisele Bündchen has become the most recently publicized example. The couple shared about their divorce on their individual instagram accounts. […]
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Life stage

Does Life Stage Impact Estate Planning?

POSTED ON: November 11, 2022 BY: Kyle Krull
Estate planning needs vary according to age and life stage. People change throughout their lives. Perhaps you have noticed this. Not only do we grow physically from infancy to adulthood, but new goals and priorities also develop. These influence choices within various areas over our lifespans. According to a recent The Seattle Times article titled […]
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Aging parents

How Can I Discuss Plans with Aging Parents?

POSTED ON: October 27, 2022 BY: Kyle Krull
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 […]
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Actions by surviving spouse

What Actions Must Surviving Spouses Take?

POSTED ON: October 21, 2022 BY: Kyle Krull
Certain actions should be taken after the death of a loved one. Although death means the end of the life and responsibilities for the decedent, the responsibilities of others increase. Often those who must take action are those who are closest to the person who died. These duties can feel overwhelming in the midst of […]
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