COVID-19 underscores the importance of estate planning. You are sitting at home. Schools and businesses have been closed. You are rationing toilet paper. (Who saw that coming?) You cannot see your loved ones. Could things be any worse? According to a recent Kiplinger article titled “Coronavirus Legal Advice: Get Your Business and Estate in Order […]
Not having a last will and testament can cause a number of problems. You have thought about creating a last will and testament. You even know what you want each of your loved ones to inherit. Surely, this is sufficient for now. You can formalize it later. According to a recent San Antonio Express-News article […]
COVID-19 impacts estate planning. So much has changed for Americans in the past month. Schedules of work and school have been disrupted. Parents are now balancing online meetings with managing the at-home education of their children. Some people have lost their jobs entirely. Contact between family and friends has been limited to phone calls and […]
COVID-19 social distancing can be an excellent excuse for estate planning. No, really. With the current events surrounding COVID-19, you are likely practicing social distancing and are possibly even in self-quarantine. Perhaps you fall within a high-risk category and are protecting yourself. Maybe you are young and healthy and simply want to safeguard others. Whatever […]
Our Law Firm COVID-19 Response With the current events surrounding COVID-19, we are reminded of the frailty and unpredictability of life. Everyone has been impacted in some way—whether through the closing of businesses, quarantining of loved ones, or the social distancing of the general population. Because the services we provide are especially important to individuals […]
A Power of Attorney is essential to getting your affairs in order. Pondering one's potential "incapacity" is not pleasant. It is not a pleasant reality either. Incapacity is even more unpleasant if you are not prepared for it. According a recent Recently Heard article titled “6 Reasons to Choose a Power of Attorney,” a power […]
Estate planning mistakes are easy to make. Many people think estate planning is simple. You just write out who you want to get your stuff. Seems easy. Right? According to a recent Comstock Magazine article titled “Five Mistakes to Avoid When Planning Your Estate,” estate planning is more complicated than many may realize. When people […]
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 […]
A professional executor may be a wise choice for you estate. You know what you have. You have decided who gets what. You know who you want to take care of things if you cannot. Now you need an executor for your estate. According to a recent nj.com article titled “Should I choose a bank […]
College students require estate planning. Perhaps you have recently entered college or are planning to in the near future. Maybe you are the parent of a college student. Either way, you should understand that estate planning is important for college students. According to a recent Forbes article titled “3 Estate Planning Documents Every College Student […]
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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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