Kansas and Missouri Estate Planning Blog

last will and testament mistakes

Avoiding Mistakes on Your Last Will and Testament

POSTED ON: April 16, 2020 BY: Kyle Krull
Mistakes on your last will and testament can cause lasting damage. You know you are supposed to have a last will and testament in place. You have heard about dying intestate and would like to avoid this for yourself. Having the state determine who inherits your assets or takes care of your minor children when […]
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Is Leaving Money to Charity an Option?

POSTED ON: February 26, 2020 BY: Kyle Krull
Leaving money to charity can bless others for a long time. Recently, a Rock Island, Illinois resident passed away. At the age of 93, Rosemary Woodard was not famous. In fact, she lived a life serving others as a nurse. She also lived a life of charity and generosity when it came to her community. […]
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Why Do Unmarried Couples Need Estate Planning?

POSTED ON: January 24, 2020 BY: Kyle Krull
Unmarried couples need to prioritize estate planning. You have found someone you love. You have moved in together. Neither of you wants to get married. And it seems this practice is becoming more common. From 2007 to 2016, the number of cohabiting couples increased from 14 million to 18 million. According to a recent CNBC […]
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What Should I Know about Reverse Mortgages?

POSTED ON: January 17, 2020 BY: Kyle Krull
Reverse mortgages can be complicated. As as senior, you needed money. You did not qualify for a home equity line of credit or a reverse mortgage. You turned to a reverse mortgage to satisfy this need. According to a recent nj.com article titled “Can we undo a reverse mortgage to keep the home?,” many people […]
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Do College Students Need Estate Planning?

POSTED ON: December 9, 2019 BY: Kyle Krull
College students require estate planning. Perhaps you have recently entered college or are planning to in the near future. Maybe you are the parent of a college student. Either way, you should understand that estate planning is important for college students. According to a recent Forbes article titled “3 Estate Planning Documents Every College Student […]
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How Did Tax Law Change for 2020?

POSTED ON: December 5, 2019 BY: Kyle Krull
Tax law will see changes in 2020. Taxes are a unavoidable part of life for Americans. You are paid for your services. You must then pay the government for theirs. Although there have been taxes since the founding of our country, these do not remain the same each year. According to a recent CNBC article […]
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What Type of Life Insurance Do I Need?

POSTED ON: November 22, 2019 BY: Kyle Krull
Life insurance is not all the same. You have heard you need it, right? If you are single, it is helpful to acquire enough to bury you and pay off your debts. If you are married or have children, you will need more. Why? Your children and surviving spouse could lose not only a parent […]
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Estate Planning for College Students?

POSTED ON: October 22, 2019 BY: Kyle Krull
College students need estate planning. Why? College can be a vulnerable time. These young adults are responsible for themselves—many for the first time. They must get to classes, make food, do laundry, set their alarms, and manage their own time without their parents. Oftentimes parents are feel unable to help or are unsure how to […]
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Am I Too Young for Estate Planning?

POSTED ON: October 16, 2019 BY: Kyle Krull
Estate planning is for the young? No, really. Mortality is often the farthest thing from the minds of young people. They are busy getting degrees, starting careers, and growing families. Estate planning can wait. According to a recent The Cleveland Jewish News article titled “Younger generations should focus on estate planning, too,” delaying such preparations […]
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When Should I Get an Estate Plan?

POSTED ON: October 2, 2019 BY: Kyle Krull
Estate planning is for everyone. Perhaps you are a young adult. Maybe you are married with small children. You could be divorced and remarried. According to a recent Cincinnati Business Courier article titled “Estate planning considerations for every stage of life,” estate planning is always relevant and necessary. Death and incapacity can come out of […]
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