Titling assets is a key aspect of estate planning. Titling on documents is a lot like labeling. Parents label lunchboxes, clothing, and other items to remind them and others of the ownership of each item. Essentially, titling assets serves to legally label such assets with then identity of their owner. According to a recent FedWeek […]
Family fights arose in the after the death of Johnny Cash. While "the Man in Black" was a talented musician, he was not without his personal struggles. Just like everyone not in the public eye. Perhaps this is one reason why his work resonated with so many people. His incredible voice was able to capture […]
New parents should prioritize getting life insurance. Parenthood changes life significantly. Rather than two adults being responsible for themselves and each other, they must now rear and protect a child. While motherhood and fatherhood expand joy and love, they also bring attending concerns and fears. According to a recent Bankrate article titled “Life insurance for […]
Valerie Bertinelli and Tom Vitale are fighting over a premarital agreement. Being a celebrity does not guarantee a fairy tale ending. While some pop stars, television personalities, and politicians are happily married to one individual, others face one or multiple divorces. Whether a person is well known or anonymous, divorce is never pleasant. <understatement?> It […]
A testamentary trust can give people more control from the grave. No, really. Those leaving inheritances can often feel torn. They know the assets they leave to loved ones could provide support in times of need. They also know their heirs may not be ready to make wise financial decisions when they inherit. A significant […]
Beneficiary designations cannot be overlooked in estate planning. Movies and media often misrepresent estate planning. They tend to focus only on the last will and testament of an individual. In doing so, it appears this is the only means of distributing wealth. Nothing could be further from reality. According to a recent Kiplinger article titled […]
Some insurance policies are necessary through all life stages. Insurance is certainly helpful in adulthood. Without car insurance, a simple fender bender could prove devastating to any budget. Home owners insurance is a lifesaver should your basement get flooded, your roof get struck by lightening, or your neighbor boy hit a baseball through the window […]
Hiring an estate planning attorney is always a good idea. Okay, that sounds self-serving, but stay with me on this. Many people try to do estate planning on their own. They think they can simply download a document from the internet and call it good. Generally, this does not turn out well. Even if a […]
Tony Siragusa was but 55 years old when he died. Sports commentators tend to be former athletes. As such, people tend to believe they are in fairly good health. This assumption makes the death of Tony “The Goose" Siragusa in June of this year surprising. According to a recent MSN article titled “What Was NFL […]
A marital trust can be a wise estate planning move for couples. Thinking about death is unpleasant for anyone. It can be especially difficult for those who are married. Sharing life with a partner underscores the loneliness experienced after the death of a spouse. Despite the uncomfortable nature of estate planning, it is essential to […]
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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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