Marital trusts protect couples and their families. Family gatherings are common during the holidays. For some, these are fairly simple logistically and emotionally. Loved ones live nearby and get along reasonably well. For many, the time is filled with stress around scheduling and relationship dynamics. It can be hard enough to manage holidays between the […]
Limited Liability Companies (LLCs) and trusts are both helpful for asset protection. Asset protection can be a priority for many in their life and estate planning. This is especially important for those with much to lose as business owners. Two common tools for asset protection include trusts and Limited Liability Companies (LLCs). According to a […]
Memorabilia collectors should create plans for the transfer of these assets. Estate planning is essential for retaining control over who inherits assets. When preparing for the transfer of assets, most people list life insurance policies, investment accounts, and bank accounts. Tangible assets are often overlooked. According to a recent Kiplinger article titled “Estate Planning for Memorabilia […]
Barbara Walters left a journalistic legacy and a fortune. Broadcast journalism has played a significant role in American culture and history. As a result, news anchors and television personalities have introduced people to the effects of crime, war, natural disasters, and other significant events. As news reporting has shifted to include more online services, journalists […]
Lisa Marie Presley left behind a family legacy at her death. Most people live their lives in relative obscurity. Others are household names from the time of their birth. The latter was true of Lisa Marie Presley. According to a recent NME article titled “Lisa Marie Presley’s children to inherit Graceland estate,” being the daughter […]
Leaving a co-op apartment as an inheritance may prove difficult. In Kansas City, there are some rather tony co-ops in an area generally known as the Country Club Plaza. These various co-ops are home to professional athletes, local celebrities, and many retirees. By the way, their view of the Country Club Plaza Lights is something […]
Kirstie Alley left a large estate after her recent death. The state motto of Kansas “ad astra per aspera” translates “to the stars through difficulty.” Whether they considered life in Kansas difficult or easy, several Hollywood stars have strong connections to the state. Michael McShane from Robin Hood: Prince of Thieves and Paul Rudd from […]
Estate planning should now include an ePlan. The internet has had both positive and negative impacts on the lives of modern Americans. The volume of information now available on computers and smart phones was formerly only accessible at reference libraries or through printed encyclopedias. Yep, I remember those days well. People can now access bank […]
Failing to name a life insurance beneficiary can cause significant problems. The end of one year and the start of another year is often a time to reflect on the past and plan for the future. People often reminisce about happy memories and hard losses. These reflections can inform the goals people make for the […]
Serving as a guardian is a significant responsibility. Estate planning is important at any life stage. Each stage has its own specific concerns to be addressed. Young adults must prioritize agents to make medical and financial decisions for them in the event of incapacity. Older seniors must consider how to best pass what remains of […]
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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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