Kansas and Missouri Estate Planning Blog

probate and trust administration

Are Probate and Trust Administration Different?

POSTED ON: July 30, 2020 BY: Kyle Krull
Probate and trust administration are different processes. You have done your calculations. You likely will have assets remaining when you die. There is more than one option when leaving an inheritance to your loved ones. The two primary methods are through a last will and testament or through a revocable living trust. According to a […]
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Are Powers of Attorney and Guardianships the Same?

POSTED ON: March 23, 2020 BY: Kyle Krull
Guardianships and Powers of Attorney are not the same. As you age, your mental capacity will decline. Sometimes this is minimal. However, for others, cognitive decline will lead to the inability to make legal choices. According to a recent Pittsburgh Post-Gazette article titled “Guardianships vs. Powers of Attorney,” someone will need to act on your […]
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Why is Revising Your Estate Plan Important?

POSTED ON: March 16, 2020 BY: Kyle Krull
Revising your estate plan is an essential step. You knew you needed to set up an estate plan. In fact, you set up an appointment with an experienced estate planning attorney and followed through. Congratulations! An estate plan is now in place. You are done. Or are you? According to a recent Dayton Business Journal […]
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Why Might I Want an Ethical Will?

POSTED ON: December 4, 2019 BY: Kyle Krull
Ethical wills can pass on lasting values. Most people want to be remembered for the good they have done. They want to have positive legacies with family, friends, and career. The legacy you leave depends on how you live your life and the impact you have on others. According to a recent Harold Net article […]
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Worried About Amending Your Estate Plan?

POSTED ON: October 29, 2019 BY: Kyle Krull
Thanks to "entropy" (the Second Law of Thermodynamics), everything in creation requires an "amendment" from time to time. Surprise. This very law applies to estate plans, too. You have an estate plan in place. You worked with an estate planning attorney. It met all of your needs to protect everyone your love and everything you […]
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Do I Really Need a Will in My Estate Plan?

POSTED ON: October 15, 2019 BY: Kyle Krull
A last will and testament is a necessary requirement for most estate plans. You know you need a plan for asset transfer when you die. You do not want to create a will. After all, surely there are cheaper ways to do this than engaging the assistance of an estate planning attorney. Right? According to […]
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What Options Do I Have for Changing My Last Will?

POSTED ON: September 27, 2019 BY: Kyle Krull
There are a few ways to change will. You are considering changing your will. Perhaps your spouse died or you are now divorced. Perhaps you have added more children to your family. Maybe you need to address new laws within your state or at the federal level. Periodically changing your will is not unusual. In […]
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