Larry King had a career and relationships characterized by highs and lows. Even legends do not life forever. His health had been poor the past few years, when he died at age 87. Larry King had a history of heart trouble and a stroke prior to his contracting COVID-19. According to a recent Wealth Advisor […]
People should undertake a beneficiary review every few years. You have several types of assets. You own a home. You have retirement accounts and bank accounts. You even purchased a life insurance policy. According to a recent The Street article titled “Secure your IRA – Review Your Beneficiary Forms Now,” some of these assets should […]
A trust allows greater control of assets. People tend to have strong opinions about money. This involves budgeting, investing, and gifting. For this reason, many people have distinct goals for estate planning. According to a recent FED Week article titled “Control of Assets a Key Issue in Deciding on a Trust,” those who have specific […]
The estate of Prince is still making headlines. No, really. Prince was a talented musician. He was also a memorable human. Very few people change their names to a symbol and then back to their names. When Prince died of a fentanyl overdose in 2016, the world was not ready to lose his talent. According […]
After creating a trust it is important to "fund" the trust. Your circumstances and goals necessitated a trust as part of your estate plan. The instructions outlined in the trust provide an equal division of the assets among your children. You find this fair and fitting. According to a recent nwi.com article titled “Estate Planning: […]
Estate planning is one important step to caring for your loved ones after your incapacity or death. I have heard many excuses over my career as an estate planning attorney. Many people think estate planning is only for the super wealthy. Others believe it is only important if they are married or have children. These […]
You may need to tackle a checklist after the death of your spouse. Loosing the love of your life is hard. This is, of course, an understatement. Nothing can prepare you for the pain of such a loss. Unfortunately, the world ignores this burden and continues to make demands. According to a recent Forbes article […]
An unfunded trust will undermine your estate planning. Your estate planning goals included avoiding probate. You also desired to simplify asset management should you become incapacitated. Consequently, your experienced estate planning attorney recommended a revocable living trust. You agreed and happily signed the papers for the creation of your living trust. According to a recent […]
An estate planning checklist can keep you accountable and organized. When it comes to estate planning, creating and reviewing your plan is a significant step. Without an estate plan in place, you will leave the settlement of your affairs up to the probate courts and the laws of your state. This is not ideal. Your […]
A letter of last instruction can provide clarity to loved ones. Creating an estate plan is the most important step you can take to protect your loved ones when you die. If you have done this, your estate will be settled and assets distributed through legally recognized means. Although you have your estate plan in […]
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.
