Yes, Virginia, even celebrities can make huge estate planning mistakes. America is a celebrity culture. Some people want to be famous. Others simply have a favorite celebrity. Many people attempt to emulate these public figures. According to a recent Florida Today articles titled “Lessons in estate planning from the rich and famous,” following the example […]
Estate planning attorneys help people get their affairs in order. Close your eyes and try to picture an attorney in your mind's eye. Who do you see? Likely it is a trial lawyer from a televisions show or movie. When it comes to estate planning attorneys, most people have no frame of reference. In fact, […]
Fiduciaries have a number of legal responsibilities. Serving as a fiduciary is an honor. A fiduciary is often selected to administer an estate or trust. He or she may also be responsible for managing the lifetime finances of another individual as an attorney in fact under general durable power of attorney. According to a recent […]
Funeral arrangements are best made in advance. When you die, your family will grieve. The loss of a loved one cuts deep. The last thing they need to be doing is making big decisions. According to a recent The Leader article titled “Important to provide instructions for preferred funeral, burial wishes,” arranging your funeral in […]
Jointly owning property can be precarious to say the least. You are considering owning property jointly with a non-spouse. Maybe you are considering doing so with another family member. Perhaps a friend or business associated has made the suggestion. Should you do it? According to a recent Inside Indiana Business article titled “Risky: Property Owned […]
A professional executor may be a wise choice for you estate. You know what you have. You have decided who gets what. You know who you want to take care of things if you cannot. Now you need an executor for your estate. According to a recent nj.com article titled “Should I choose a bank […]
Family farms have been passed through generations. The Midwest is filled with farms. Cattle roam to and fro. Crops like wheat, soy, and corn rotate through the years. The land is beautiful. You care for the family farm like the generations before you have done. According to a recent High Plains Journal article titled “Don’t […]
Executors play a big role in probate proceedings. Executing a last will is no small task. As an executor, you are responsible for probating the last will, settling debts, and distributing assets. Preparedness is key. According to a recent Investopedia article titled “The Executor's Checklist: 7 Tasks Before They Die,” this starts before the testator […]
Beneficiary designations can be easily messed up. You can have a will. You can create a trust. Even so, you may be neglecting an important aspect of estate planning. According to a recent Delco Times article titled “Five mistakes to avoid when naming beneficiaries,” you need to make sure your beneficiary designations are in alignment […]
Inheritances can trigger taxes. Your loved one passed away. You are mourning the loss. You are coordinating the funeral, visitation, and other family gatherings. The last thing you want to think about is taxes. According to a recent Investopedia article titled “Are Estate Distributions Taxable?,” it is important to understand tax implications if you are […]
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.
