Not working with an experienced estate planning attorney is a risky business. Some people are risk-takers. They enjoy the thrill of adrenaline pumping through their veins as they push the limits. Extreme examples include those who free-climb mountains or skydive. Others are more cautious and calculated. They prefer understanding and controlling as many variables as […]
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. […]
A pour-over will can help tie up loose ends. Revocable Living Trust-based plans work as intended when the trust is funded. Some assets are placed in the trust while the trustmaker of the trust is alive. Other assets are intentionally left out or simply forgotten - more commonly, the latter. According to a recent Coeur […]
Life insurance is traditionally passed through beneficiary designations. Having an income is essential to living in America. Bills must be paid. Groceries must be purchased. Consequently, families who lose a parent with a paycheck are left more vulnerable. According to a recent yahoo! finance article titled “What happens if your life insurance beneficiary dies before you?,” […]
Proper planning can help you avoid estate conflict. Some people seem to thrive off of drama. No, really. This is evident in the plethora of reality television shows available on broadcast television and streaming services. Although many people find drama entertaining, it is much less enjoyable when it is your story. According to a recent […]
Sinéad O’Connor was likely prepared for her death. Many celebrities act as if they can cheat death. Even if they do not believe they are untouchable, they fail to prepare for their eventual demise. There is an interesting irony in this fact, considering how many celebrities have died suddenly from drugs, plane crashes, or unknown […]
New parents should protect their children through estate planning. Adulthood brings many responsibilities. Bills and rent must be paid. Groceries must be purchased, and meals prepared. Laundry must be sorted, washed, dried, and folded. Such tasks are no longer simple chores but are necessary for daily living. According to a recent The Motley Fool article […]
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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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