Passing a vacation home to the next generation is rarely straightforward. A vacation home fills a variety of roles. For a lot of my clients, they are places to gather with family and friends to make memories. For others clients, they provide a retreat from the demands of daily life. And for yet others, a […]
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 […]
A discretionary trust can protect against mismanagement of trust funds. Those who desire to avoid probate often utilize trusts in their estate plans. This is accomplished through retitling assets to the trust. Because the assets are not under your name, they are not included in your personal probate estate. According to a recent The Facts […]
Parents and adult children should have estate planning conversations. Communication is important in all areas of life. Both work and relationships suffer from a lack of good communication. Some dialogues are relatively simple to approach while others can trigger tension and anxiety. When the latter is true, people tend to avoid conversations. According to a […]
Physicians should have estate plans. Doctors undergo long years of schooling and residency to practice medicine. This requires incredible focus and dedication. As they begin their practices, these physicians shift this attention to building and maintaining their practices. According to a recent Medical Economics article titled “Physicians, get your estate in order or the court […]
Retitling a house deed can lead to unfortunate unintended consequences. You own a home. If you are like many people, this is likely your most significant asset. As such, it should be an priority to consider in your estate planning. According to a recent St George News article titled “Naming a child on your deed […]
A testamentary trust can be created after you die. Some people really like the idea of using a trust in their estate planning. The control over the eventual inheritance distribution is appealing. These individuals are often torn between the appeal of a trust and the work it takes to maintain a trust. According to a […]
Trusts have several estate planning benefits. Many misunderstandings exist around estate planning. One of the most common misconceptions involves trusts. People tend to think this estate planning tool is only for those who are ultra-wealthy. According to a recent US News article titled “Trusts Explained,” a trust can address a number of estate planning goals […]
A vacation home can be challenging to bequeath. Families often make and retain fond memories from vacations. For those who own a vacation home, these memories are often overwhelming tied to a specific location. After all: location, location, location. While vacation homes bring joy in life, they can bring complications when the owner dies. According […]
Several circumstances should be considered when planning to leave an inheritance to minor grandchildren. Becoming a grandparent brings fresh joys. There is something special about seeing your children have children, yes? Your love grows and expands as your family changes. According to a recent Nj.com article titled “How can I leave my money to my […]
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.
REMEMBER: “The choice of a lawyer is an important decision and should not be based solely upon advertisements.” This statement is required by rule of the Supreme Court of Missouri.
