You cannot afford to be passive when your spouse has a terminal illness. The news was not what you wanted. You had hoped for recovery and for a definitive treatment plan. Instead, the prognosis is poor. Your spouse is dying of a terminal illness. According to a recent Wealth Advisor article titled “Your Spouse Is […]
Farm families have a lot to lose with inadequate estate planning. You are a farmer. You are in the business of farming. The farm has been in the family for generations. Perhaps your children intend to keep the a farm running after you die. Maybe your children have different careers in mind. Do you have […]
Fragile beneficiaries require thoughtful estate planning. You have recently been thinking about your estate plan. You know who you love and what you have. However, you are not sure about who you want to include as the inheritors of your estate. You feel torn. While some potential heirs are fully capable of handling an inheritance, […]
An estate planning checklist can keep you accountable and organized. When it comes to estate planning, creating and reviewing your plan is a significant step. Without an estate plan in place, you will leave the settlement of your affairs up to the probate courts and the laws of your state. This is not ideal. Your […]
Trusts can solve a number of estate planning problems. Many people think of the ultra wealthy when they envision the use of trusts in estate planning. They imagine “trust fund babies” driving foreign cars, having parties on yachts, and never working a day in their lives. According to a recent Market Watch article titled “3 […]
Serving as a trustee or executor requires fulfillment of several duties. Perhaps family members or friends have asked you to serve as the executor, trustee, or agent in their estate plan. You are not sure what this means. They tell you the role is essentially following their instructions in their estate planning documents. Although this […]
What is "pandemic estate planning"? It is our phone ringing and online requests for consultations about creating or updating estate plans or just clients want to engage in pandemic estate planning generally. The current pandemic has led many of us focus on weighty existential matters of life, disability, and death. Indeed, after reviewing our assets […]
Knowing estate planning terms is a helpful start to preparing for your future. You are many things. You are talented. You are kind. You are a hard worker. Even so, you are not an estate planning attorney. Although you have heard you need an estate plan, you are not exactly sure what this means. According […]
Special needs planning goes beyond basic estate planning. You have a loved one with special needs. As you consider taking the steps to create an estate plan, you want to be sure to include this loved one. Any experienced estate planning attorney will tell you special needs planning requires additional considerations beyond a basic estate […]
Choosing the wrong power of attorney could get you into trouble. Incapacity planning is important for any adult. If something happens to you and you cannot manage your financial and health care decisions on your own, you will need someone to do so on your behalf. This involves creating and signing a power of attorney. […]
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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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