COVID-19 should not interfere with your estate planning. Your life feels like it is on hold. Maybe the days feel like months, like when the waves turn the minutes to hours. You cannot remember if it is Monday or Thursday. COVID-19 has interfered with work, events, and family gatherings. Everything. According to a recent Kiplinger […]
Probate is often misunderstood. What do you think when you hear the word “probate”? Do you think of inconvenient bureaucracy? Do you imagine family drama? According to a recent The Million Acres article titled “Probate Explained: What Is Probate, and How Does It Work?,” probate often has a bad reputation. In reality, this legal process […]
Fix estate planning issues with the help of an experienced estate planning attorney. You created an estate plan. Maybe you did so by yourself. Perhaps you utilized the services of an "inexperienced" attorney. Whatever the reason, you noticed some problems. According to a recent The Wilmington Business Journal article titled “Repairing Estate Planning Mistakes: There […]
Yes, Virginia, stock market performance can impact your estate planning. You have money in the stock market. Perhaps this is limited to your retirement income. Maybe you have included savings plan with after-tax investments for long-term goals outside of retirement. Either way, how the stock market performs is important. According to a recent Wealth Advisor […]
Unmarried couples need to prioritize estate planning. You have found someone you love. You have moved in together. Neither of you wants to get married. And it seems this practice is becoming more common. From 2007 to 2016, the number of cohabiting couples increased from 14 million to 18 million. According to a recent CNBC […]
Jointly owning property can be precarious to say the least. You are considering owning property jointly with a non-spouse. Maybe you are considering doing so with another family member. Perhaps a friend or business associated has made the suggestion. Should you do it? According to a recent Inside Indiana Business article titled “Risky: Property Owned […]
Trusts have limitations regarding IRAs. You have an Individual Retirement Account (IRA). You also have a trust. You are in the process of "funding" your trust. As you review your assets, you wonder what should be placed in the trust. According to a recent Investopedia article titled “How Can I Put My IRA In a […]
Remarriage requires careful planning. The holidays are a popular time for engagements. Wedding plans may now in the works for you. Congratulations! All marriages take careful planning and involve important discussions about finances and futures. According to a recent U.S. News & World Report article titled “6 Financial Considerations for Remarriage,” these discussions are even […]
Trusts do not nullify all taxes. Your parents or grandparents created a trust or trusts as part of their estate planning. Maybe they wanted greater control in asset distribution. Perhaps they simply desired to shield their wealth from estate taxes. Whatever the reason, as part of their planning they used trusts to provide the trust […]
Life insurance can help provide future financial security after a divorce. You are divorced. Maybe this is a recent occurrence. Perhaps it has been a long-standing reality. Either way divorce requires strategic planning when it comes to finances. According to a recent Insurance News Net article titled “5 Ways Life Insurance Eases Post-Divorce Estate Planning,” […]
Commercial solicitations are permitted by the Missouri Rules of Professional Conduct but are neither submitted to nor approved by the Missouri Bar or the Supreme Court of Missouri.
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.
REMEMBER: “The choice of a lawyer is an important decision and should not be based solely upon advertisements.” This statement is required by rule of the Supreme Court of Missouri.
