You must be extra attentive when disinheriting a family member. You know how you want your estate distributed when you die. You also have chosen to "disinherit" certain family members. Your decision will make some people angry. According to a recent Times Herald-Record article titled “Dealing with disinheritance, spouses,” estate planning can feel especially complicated […]
There are certain times in life when you should update your last will and testament. If you already have a last will in place, you have done more planning than the majority of your fellow Americans. Although you can certainly congratulate yourself, do not become overly confident. Your last will needs to be reviewed and […]
The widow of Kobe Bryant wants to amend the trust created by her husband. The deaths of Kobe Bryant and his daughter Gigi in January were tragic. Any loss of life is heartbreaking. The grief is especially great when death is unexpected. Often in these circumstances, families are left with no direction, plan, or support. […]
Not everything belongs in a safe deposit box. You have a safe deposit box at your local bank. You have decided to keep all of your important documents, heirlooms, and sums of cash inside the bank. Although this may seem the safe choice, it is not. According to a recent Kiplinger’s article titled “9 Things You'll […]
Inaction is not an affordable luxury after the death of a loved one. Your loved one has passed away. The grief is overwhelming. Whether it was sudden or expected, the loss is still great. You want to honor the legacy of your loved one. According to a recent Dallas Morning News article titled “Three things […]
Estate administration takes both time and energy. You have assets. This means you have an estate. When you die, someone will need to wrap up your final affairs. According to a recent Winston-Salem Journal article titled “Practical tips for estate administration, pre-planning advice, and a Coronavirus update,” the executor is in charge of paying any […]
Beneficiary designations must be "aligned" properly for an effective estate plan. Estate planning seems simple. You get a last will and testament. You sign it. Everything is set. Right? According to a recent Kiplinger article titled “Beneficiary Designations – The Overlooked Minefield of Estate Planning,” you may have overlooked a very significant aspect of estate […]
Managing affairs after the death of a loved one is no small task. Your loved one has died. You are grieving. People keep asking you questions and are wanting you to make major financial decisions. You do not have answers. In fact, you do not know where to start. According to a recent Business Insider […]
Different trusts serve different purposes. You likely have heard about trusts as part of estate planning. You know that one use of trusts is to bypass probate when it comes to transferring assets. This sounds appealing to you. Perhaps you will utilize a trust in your estate plan. According to a recent Investopedia article titled […]
Estate planning myths are quite prevalent. There is a lot of confusion surrounding the laws regarding trusts and estates. Well meaning people speak out of turn. Unqualified people give advice. According to a recent Cherokee Tribune & Ledger-News article titled “I’m dead, now what? Myths about deaths in Georgia,” these estate planning myths can lead […]
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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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