Art can prove a tricky asset in estate planning. You love art. It is beautiful. It is meaningful. It can also be costly. Your precious works of art may become an estate planning challenge. According to a recent Financial Advisor article titled “Putting Art Into Charitable Remainder Trusts,” tangible assets like artwork can be difficult […]
Executors can benefit from personalized instructions. You have set up your last will and testament. Congratulations. You know what you own. You have decided who will inherit your assets when you die. You have even selected an executor (also known as a "personal representative") for your estate. According to a recent The Wall Street Journal […]
You need a "blueprint" for your estate plan. Do you have an estate plan? The answer is always yes. No estate plan is simply a poor option. It is messy, time consuming, and expensive. According to a recent Forbes article titled “How To Create An Estate Planning Blueprint,” you should have a carefully constructed estate […]
Estate Planning is essential at all times, but especially so in times of uncertainty. People have varied reactions to COVID-19. Some deny the seriousness of the virus. Others are overcome with anxiety. Still others find peace. Perhaps you fall neatly into one of the categories. Maybe you cycle through them. Either way, it is easy […]
Retirees considering marriage should evaluate several factors. You are in your later years. While in retirement, you have found purpose elsewhere. You have found love. Should you tie the knot? According to a recent Kiplinger article titled “Financially, Marriage Makes a Lot of Sense for Retirees,” retirees considering marriage should weight the pros and cons. […]
Disney has become a titan of the entertainment industry. Walt Disney started as a young child from Kansas City with big dreams and a creative mind. Years later, he became a successful visionary and filmmaker. The Disney name and company has become one of the most valuable in the world. According to a recent Wealth […]
Kirk Douglas left a significant estate. Kirk Douglas had a prolific career. For some 40 years, he worked steadily. Although his career slowed in the early 1980s, he still had a significant estate upon his death. According to a recent Wealth Advisor article titled “Kirk Douglas Lived Well, Died Rich And May Trigger $200M Los […]
Inherited investments can seem overwhelming. People invest in a number of ways. This includes real estate, securities, art, and collections to name a few. When you inherit an investment, you may wonder what you should do with it. According to a recent Wealth Advisor article titled “How to Handle Inherited Investments,” some actions are smarter […]
Unmarried couples need to prioritize estate planning. You have found someone you love. You have moved in together. Neither of you wants to get married. And it seems this practice is becoming more common. From 2007 to 2016, the number of cohabiting couples increased from 14 million to 18 million. According to a recent CNBC […]
Blended families often involve conflict. For example, coordinating Christmas and New Years with a blended family may have felt overwhelming. Combining families means bringing more people (and personalities) to the mix. While "more people" can bring more fun, it also can bring more complications. According to a recent Investment News article titled “Reducing potential family […]
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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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