Executors can benefit from personalized instructions. You have set up your last will and testament. Congratulations. You know what you own. You have decided who will inherit your assets when you die. You have even selected an executor (also known as a "personal representative") for your estate. According to a recent The Wall Street Journal […]
Celebrities have been known to make terrible estate planning mistakes. In our culture, the lives of celebrities can be quite public. In fact, most of them pay a lot a lot of money to personal public relations firms so we do not forget about them! We can find out their relationship status, favorite brands, and […]
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 […]
Disney has become a titan of the entertainment industry. Walt Disney started as a young child from Kansas City with big dreams and a creative mind. Years later, he became a successful visionary and filmmaker. The Disney name and company has become one of the most valuable in the world. According to a recent Wealth […]
Kirk Douglas left a significant estate. Kirk Douglas had a prolific career. For some 40 years, he worked steadily. Although his career slowed in the early 1980s, he still had a significant estate upon his death. According to a recent Wealth Advisor article titled “Kirk Douglas Lived Well, Died Rich And May Trigger $200M Los […]
Gray divorce will impact estate planning. You are no longer in the days of your youth. You are either nearing or in retirement. You are also entering into a divorce. According to a recent Clare County Review titled “Rising Gray Divorce Rates Are Making Estate Planning Problems More Complicated,” gray divorce brings with it a […]
Inherited investments can seem overwhelming. People invest in a number of ways. This includes real estate, securities, art, and collections to name a few. When you inherit an investment, you may wonder what you should do with it. According to a recent Wealth Advisor article titled “How to Handle Inherited Investments,” some actions are smarter […]
Trusts serve several purposes. What mental images are formed when you think of trust? Do you think of millionaires? Thurston Howell III and Lovey, perhaps? Although trusts can certain help preserve wealth, they are not only for the rich. This was recently confirmed by a Stamford Advocate article titled “Trusts are not for the wealthy […]
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 […]
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 […]
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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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