Creating an effective estate plan requires intentionality. Many people do not prioritize estate planning. If you are taking steps to create a plan, you may think whatever you do will be sufficient. Nope. This mindset could set you and your loved ones up for trouble in the future. The good news? You will be dead […]
A last will and testament protects against a variety of negative consequences. Preventative measures are important. Many people keep umbrellas in their cars in case it rains. Applying sunscreen is common to decrease the chances of developing skin cancer. Expectant mothers often pack hospital bags in advance so they are ready to "deliver" at anytime. […]
A trust provides benefits beyond what beneficiary designations accomplish. When it comes to estate planning, every family and individual family member is different. Although people may have similar assets, they have unique goals and circumstances. All of these variables influence whether a trust should be including in an estate plan. According to a recent Nj.com […]
There is no magic age for creating an estate plan. Perhaps you are reading this and are retired. Maybe you have just turned 18 and achieved legal status as an adult. You maybe you are somewhere in between. According to a recent Reality Biz News article titled “When is the right time to consider estate […]
Estate planning involves checking items off your to-do list. To-do lists are helpful in a variety of circumstances. They provide a visual representation of what you need to do and what you have already accomplished. Even so, your list is only as good as the items on it. According to a recent Spotlight News article […]
Creating a checklist when preparing your estate plan is an excellent idea. Some people really like checklists. I know I do. [In fact, I have a checklist for my Friday household cleaning chores sitting right beside me. I will take up that list right after I finish this blog post.] There is great satisfaction in […]
Estate planning is necessary for adult Americans. Adults have many responsibilities. They pay bills, go to work, and may even be caring for children or aging loved ones. In the midst of hectic schedules, it is all too easy to forget important tasks. According to a recent Big Easy Magazine article titled “Estate Planning Is […]
Blended families require special considerations, especially when it comes to estate planning. Blended families are common in America. Many adults get married and have children, then divorce and remarry. Some then lather, rinse, and repeat. Although common, remarriage creates more complex family systems. More complex family systems can be a nightmare without proper estates planning. […]
Several strategies exists when it comes to providing inheritances to children. People loving giving advice. It seems everyone has an opinion about something. People especially love giving advice about parenting. According to a recent The Wall Street Journal article titled “When to Give Inheritance Money to Your Kids,” you may get conflicting messages about when your […]
An estate plan is essential to protect your loved ones and their futures. Estates planning can become quite complex for those with complex assets wealth or family tensions. Those who require a only a "simple" plan, may be surprised at the number of documents required to meet their needs. It is safe to say estate […]
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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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