Kansas and Missouri Estate Planning Blog

Pass wealth

How Should I Pass Wealth to My Heirs?

POSTED ON: November 11, 2021 BY: Kyle Krull
One can pass wealth to heirs using a variety of options. Whether you have been working for decades or years, you likely have accumulated assets. While you are alive, you use these to keep you fed, clothed, sheltered, and safe. After you have died, these assets no longer benefit you. According to a recent AARP […]
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Probate process

What is Involved in the Probate Process?

POSTED ON: November 8, 2021 BY: Kyle Krull
The probate process does not have to be scary. Few Americans understand probate. In fact, some adults are not even aware of its existence. Perhaps this is because probate highlights an unpleasant reality. It reminds people of their own mortality. According to a recent WTOP article titled “Everything You Need to Know About Probate,” the probate […]
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Trust or will

Should I Choose a Will or a Trust?

POSTED ON: November 3, 2021 BY: Kyle Krull
Some individuals could get away with having either a trust or a will. Estate planning involves making decisions. You will need to choose who makes decisions if you become incapacitated. It also will be important to select heirs and perhaps protect their inheritance "for" or "from" them as needed. According to a recent MSN recent […]
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Aging Parent Finances

How Do I Talk with My Parents about Finances?

POSTED ON: November 2, 2021 BY: Kyle Krull
Conversations with aging parents about their finances can benefit their estate planning. Young children often know little about their parents. This is partly because children are interested in few things but themselves. It also can stem from a family rule about certain topics being off limits. Finances is often one such topic. According to a […]
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Britney Spears

How Could a Prenup Help Britney Spears?

POSTED ON: October 15, 2021 BY: Kyle Krull
Britney Spears may benefit from a prenuptial agreement. Britney Spears started working at a young age. As a pop icon and former Mouseketeer, Britney has amassed quite a fortune. Since the establishment of a conservatorship in 2008, Spears has not had personal control over these funds. According to a recent Yahoo Entertainment article titled “Britney […]
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Estate Planning Checkup

Why Should I have an Estate Plan Checkup?

POSTED ON: October 14, 2021 BY: Kyle Krull
Certain events should trigger an estate plan checkup. Nothing in your life happens in a vacuum. Your personal and work decisions impact each other. The decisions of others also can affect you and your loved ones. According to a recent Kiplinger article titled “2021 Estate Planning Checkup: Is Your Estate Plan Up to Date?,” what […]
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Key elements of estate planning

What are Key Elements of Estate Planning?

POSTED ON: October 7, 2021 BY: Kyle Krull
There are key elements common to estate planning success. Preparing an estate plan is no small task. It requires action, knowledge, and attention to detail. When people underestimate the important of estate planning, they can cause problems for themselves and their loved ones. According to a recent Bankrate article titled “Estate planning checklist: 3 key […]
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Prenup

How Can A Prenup Benefit My Remarriage?

POSTED ON: September 21, 2021 BY: Kyle Krull
A prenup can protect you when you remarry. A prenuptial agreement goes by several names. It is often called an antenuptial agreement, a premarital agreement, prenuptial contract, or simply a prenup. When you hear the word “prenup,” do you automatically think of the rich and famous? While there is certainly wisdom for those with large […]
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Settle an estate

What Should I Do to Settle an Estate?

POSTED ON: August 10, 2021 BY: Kyle Krull
It is no small task to settle an estate plan? Your loved one recently died. You have not only lost your loved one. You are also at a loss for what to do next. All you feel capable of? Deeply missing your loved one. According to a recent Cleveland Jewish News article titled “Funeral arrangements, […]
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Estate planning conversations

Why Does Estate Planning Require Conversations?

POSTED ON: July 21, 2021 BY: Kyle Krull
Estate planning can be a difficult subject to discuss with loved ones. You may be perfectly comfortable talking about death, incapacity, and estate planning. This does not mean your loved ones will feel the same way. Thinking about mortality can be uncomfortable for many. Taking stock of everything required when organizing an estate can feel […]
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