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 […]
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 […]
Estate planning has many purposes. Few people believe they have an estate. This would be true if they define an estate as having a mansion with land and servants. Think Downton Abbey. With this definition, very few would qualify. When it comes to estate planning, there is far broader definition of an estate. According to […]
Young adults should prioritize estate planning. Although your chances of dying increase as you get older, death can come at any age. As my maternal grandfather would say, "The old must die and the young may die." Most people do not enjoy thinking about their own mortality. I get that. Who does? Against this backdrop, […]
Titling assets is a key aspect of estate planning. Titling on documents is a lot like labeling. Parents label lunchboxes, clothing, and other items to remind them and others of the ownership of each item. Essentially, titling assets serves to legally label such assets with then identity of their owner. According to a recent FedWeek […]
Valerie Bertinelli and Tom Vitale are fighting over a premarital agreement. Being a celebrity does not guarantee a fairy tale ending. While some pop stars, television personalities, and politicians are happily married to one individual, others face one or multiple divorces. Whether a person is well known or anonymous, divorce is never pleasant. <understatement?> It […]
Beneficiary designations cannot be overlooked in estate planning. Movies and media often misrepresent estate planning. They tend to focus only on the last will and testament of an individual. In doing so, it appears this is the only means of distributing wealth. Nothing could be further from reality. According to a recent Kiplinger article titled […]
Single seniors should not ignore estate planning. There are many things in life people do not enjoy doing. Often these tasks are easier to tackle with a support system. They are also easier to remember when people remind you they need to be done. This can apply to relatively simple tasks like making dinner. According […]
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 […]
Singles benefit from estate planning. There has been a trend for several years to delay marriage. This means many people are often single throughout their twenties and into their early thirties. It may be tempting for these individuals to forgo estate planning because they have no obvious heirs. According to a recent Hood County News […]
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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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