Kansas and Missouri Estate Planning Blog

When is a Stepped-Up Basis Helpful?

POSTED ON: December 20, 2019 BY: Kyle Krull
A step-up in basis can help with capital gains taxes. You own real estate property. You are trying to decide whether to gift this property to your children now or pass it on when you die. According to a recent Motley Fool article titled “What is a Step-Up in Basis?,” whether real estate is gifted […]
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Can Inheritances Be Problematic?

POSTED ON: November 13, 2019 BY: Kyle Krull
Inheritances can be complicated for heirs. When you think of inheritances, what do you envision? Money? A house? Family heirlooms? The end to all your financial troubles? Although inheritances can be helpful, according to a recent Canyon News article titled “Three Setbacks Associated With Receiving An Inheritance,” they can cause their own problems. What kind […]
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