There are certain times in life when you should update your last will and testament. If you already have a last will in place, you have done more planning than the majority of your fellow Americans. Although you can certainly congratulate yourself, do not become overly confident. Your last will needs to be reviewed and […]
Digital legacy planning is often overlooked. Throughout most of human history, assets were tangible. These included family heirlooms, jewelry, land, and livestock. Later on, "currency" issued by monarchs and banks appeared. In recent years, wealth has evolved to include the digital realm. According to a recent The Lawton Constitution article titled “Wannabe Wired: Preparing your […]
Spendthrift trusts can protect your children from themselves. You are setting up your estate plan. As you consider your goals, you want to be wise when leaving an inheritance for your children. You also acknowledge your children may make poor decisions with a windfall of cash. What can you do? According to are recent NWI.com […]
Discussing estate planning with your parents cannot wait. Your parents have assets. They own a home. They have a retirement account. They have life insurance. The problem? They do not want to talk about estate planning. According to a recent Kiplinger article titled “How to Get a Loved One to Visit an Estate Planning Attorney […]
Estate administration takes both time and energy. You have assets. This means you have an estate. When you die, someone will need to wrap up your final affairs. According to a recent Winston-Salem Journal article titled “Practical tips for estate administration, pre-planning advice, and a Coronavirus update,” the executor is in charge of paying any […]
Do Not Resuscitate (DNR) orders and living wills are not the same. The COVID-19 pandemic means more people are thinking about end-of-life issues. Some people who are exposed to the virus are barely affected. For others, it becomes an issue of life or death. According to a recent Lehigh Valley Live article titled “What’s the […]
Protect your family through estate planning. Picture what is important to you. Do you have that picture clearly focused in your mind's eye? Did you envision your spouse and your children? Now, picture them without you. Do they still have the family home? Will there be tuition for college? Is there still food on the […]
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 […]
Planning for nursing home care should involve adequate research. Will you require nursing home care in the near future? Perhaps your parents will require this level of care. Either way, you should not make this transition blindly. According to a recent The Columbia Regional Business Report article titled “Nursing home care requires advance planning,” the […]
Estate planning myths are quite prevalent. There is a lot of confusion surrounding the laws regarding trusts and estates. Well meaning people speak out of turn. Unqualified people give advice. According to a recent Cherokee Tribune & Ledger-News article titled “I’m dead, now what? Myths about deaths in Georgia,” these estate planning myths can lead […]
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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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