Prince left no directions for his estate when he died. The sudden death of Prince triggered a variety of heavy emotions. Family and fans were devastated at the news of his fentanyl overdose in 2016. Can you believe it has been six years? Yikes! Some eyed his estate and were filled with greed. Others saw […]
Preparing a tax return for a deceased friend or relative can be mentally and emotionally challenging. Filing taxes is often tedious and unpleasant. Unless you work for the IRS or make money helping others prepare their tax returns, you likely despise this time of year. Although it is challenging enough to complete your own taxes, […]
Estate planning should include preparations for digital assets. I know, I know ... can I take a break from all of these posts about estate planning for digital assets? I mean, "Kyle, it seems like you have a post about digital assets every week!" Well, there is good reason for that. At its foundation, estate […]
An updated estate plan ensures your assets are distributed to desired heirs and much more. The world we live in requires constant updates. Understatement, yes? Phones, computers, and apps make changes and improvements to their systems. Often failing to update operating systems means your device loses functionality and security. According to a recent CNBC article […]
Probate is how the government oversees estate settlement. Most Americans do not understand probate. They have read news articles about celebrity estate battles or have heard stories from friends about the challenges they have faced. Stories like these often lead to people to feel fear and dread about the future of their own assets. According […]
Digital assets are relatively easy to accumulate and overlook. With the rise of technology, people do not have to plan in advance like they once did! Forgot to defrost chicken for dinner? No problem. You can order a meal on your phone and pick it up in minutes (or have it delivered to your door)! […]
A living trust can be good for your home and other assets. The last will and testament is the most commonly recognized estate planning document. It is certainly important to have a last will and testament for nominating guardians and distributing assets through probate. Some people find this document sufficient to meet their estate planning […]
A letter of intent allows parents to communicate wishes for their children. Becoming a parent means your life is filled with more joy and love than you could have ever imagined possible. Being a parent also brings greater responsibility and more worries. By the way, you never stop being a parent once you become one. […]
Distributing assets through probate is more complicated without an updated last will and testament. Many things should be accomplished within a specific window of time. Winter wheat must be planted in the fall and harvested in the summer. Health insurance must be renewed or plans changed during open enrollment. Estate planning documents should be created […]
Organizing an estate sale can be overwhelming. Your loved one has died and left behind a house and a lifetime of possessions. Although some of these have special meaning to you and the rest of your family, much of the possessions hold no personal value. Whether you are selling or moving into the property, the […]
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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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