Not all policy holders use their long-term care insurance. Nobody likes making an investment with no return. It feels pointless and like a terrible waste. Even so, some investments require a gamble. Or do they? According to a recent Yahoo Finance article titled “What Happens if You Don't Use Long-Term Care Insurance as a Senior?,” […]
When you lose your mate, you lose so much—your best friend, your equilibrium and your future together. Just when you’re at your lowest, it hits you: You could lose a lot of money, too.
Newlyweds should do estate planning before and after they walk down the aisle. Weddings are a time of celebration. They mark the joining of two families through a covenant of love. These celebration often involve months of planning and preparations. According to a recent AZ Big Media article titled “5 estate planning tips for newlyweds,” […]
The timing of Social Security claims has a significant impact on finances. With the rise of inflation and cost of living, each penny counts. This is true whether you are single and starting your career or married with children. Those entering retirement may feel the financial stress acutely as income will not be generated by […]
A revocable inheritance trust is useful in the event of divorce. Although people do not enter marriage hoping for or expecting a divorce, separations and divorces are nevertheless fairly common. Going through a divorce takes emotional, physical, and mental energy. <Understatement?> It also can be quite expensive in terms of legal fees and divorce agreements. […]
Farmers should utilize portability in their estate planning. Farming is not an easy profession. Those who care for their land and animals know the will and ability to do this work is in their blood. Many have inherited the drive, perseverance, and diligence from their ancestors. While the character of a farmer may be instilled […]
Certain wealth transfer could require the filing of a gift tax return. Some people really like giving gifts and do so any chance they get. That is their love language. Others struggle to give presents for one reason or another, even on special occasions like birthdays and holidays. Wherever you naturally fall when it comes […]
Making mistakes in a last will and testament is costly. Everyone makes mistakes. It is part of being human. Learning lessons from experience allows people to avoid repeating these actions. Sometimes there is not an opportunity for a second chance. In these instances, it is wise to consider the experiences of others. According to a […]
Getting married again means more than planning another wedding. Remarriages are fairly common in the United States. Whether the result of death or divorce, they often involve more considerations than a first marriage. Couples must consider a number of factors as they blend families. According to a recent CNBC article titled “Remarrying? Here are financial […]
Reviewing an estate plan is too often neglected. Things simply do not improve on their own over time. Examples of entropy are everywhere. You know, that good old "Second Law of Thermodynamics" applied broadly? Weeds pop up in gardens. Dust accumulates on shelves. Paint begins to chip and peel. According to a recent WMUR article […]
Commercial solicitations are permitted by the Missouri Rules of Professional Conduct but are neither submitted to nor approved by the Missouri Bar or the Supreme Court of Missouri.
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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