Kansas and Missouri Estate Planning Blog

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Category: Trust Administration

Freelancers

What are Estate Planning Needs for Freelancers?

POSTED ON: January 16, 2025 BY: Kyle Krull
Freelancers and self-employed individuals require estate planning strategies tailored to their business and personal interests.
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IRA Beneficiary

Why Does Your Estate Make a Poor IRA Beneficiary?

POSTED ON: January 13, 2025 BY: Kyle Krull
Numerous challenges are triggered when you name your estate as your IRA beneficiary.
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Managing an estate

Managing an Estate for Parents After Their Deaths

POSTED ON: January 9, 2025 BY: Kyle Krull
It can be challenging to navigate managing an estate for deceased parents if you do not understand probate processes.
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Fund a trust

Why Must People Fund a Trust After Its Creation?

POSTED ON: January 7, 2025 BY: Kyle Krull
In addition to creating a trust, individuals must fund a trust for it to be effective.
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Pour-over will

When Should You Use a Pour-Over Will With a Revocable Trust?

POSTED ON: December 4, 2024 BY: Kyle Krull
A pour-over will works in conjunction with a revocable living trust to ensure all your assets are accounted for in your estate plan.
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Creditors

Can Trusts Protect Your Inheritance for Heirs from Creditors?

POSTED ON: November 12, 2024 BY: Kyle Krull
It is possible to protect your wealth from creditors seeking payments for debts and lawsuits.
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Addiction

Can I Leave an Inheritance to a Child with Addiction Struggles?

POSTED ON: November 5, 2024 BY: Kyle Krull
You can leave an inheritance to promote a healthier future for your child by creating a trust to support addiction recovery while safeguarding the inheritance.
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Inheritance

How Do I Leave an Inheritance to My Child but Not Their Spouse?

POSTED ON: October 24, 2024 BY: Kyle Krull
Trusts, prenuptial agreements, and postnuptial agreements can protect an inheritance from divorce or spendthrift spouses.
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Fiduciary

What Is a Fiduciary?

POSTED ON: October 23, 2024 BY: Kyle Krull
When a person accepts the role of a fiduciary, this individual must protect the assets and interests of those who they were designated to serve.
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Revocable trust

How Can I Avoid Probate with a Revocable Trust?

POSTED ON: October 3, 2024 BY: Kyle Krull
Assets held by a revocable trust can bypass probate and be distributed directly to heirs.
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