Kansas and Missouri Estate Planning Blog

Organization

How Do I Prioritize Organization of my Documents?

POSTED ON: April 20, 2022 BY: Kyle Krull
Organization can be helpful for future planning. Many people jump into Spring cleaning during this time of year. They have a list of projects they want to tackle before the oppressive heat of summer. Sometimes these projects are thwarted by uncooperative weather like we have been experiencing in Overland Park of late. According to a […]
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Estate planning mistakes

Are Most Mistakes in Estate Planning Avoidable?

POSTED ON: April 7, 2022 BY: Kyle Krull
Making mistakes in a last will and testament is costly. Everyone makes mistakes. It is part of being human. Learning lessons from experience allows people to avoid repeating these actions. Sometimes there is not an opportunity for a second chance. In these instances, it is wise to consider the experiences of others. According to a […]
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Estate planning conversations

What Estate Planning Conversations Should I Initiate?

POSTED ON: March 31, 2022 BY: Kyle Krull
Parents and adult children should have estate planning conversations. Communication is important in all areas of life. Both work and relationships suffer from a lack of good communication. Some dialogues are relatively simple to approach while others can trigger tension and anxiety. When the latter is true, people tend to avoid conversations. According to a […]
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Reviewing estate plan

When Should People be Reviewing Estate Plans?

POSTED ON: March 9, 2022 BY: Kyle Krull
Reviewing an estate plan is too often neglected. Things simply do not improve on their own over time. Examples of entropy are everywhere. You know, that good old "Second Law of Thermodynamics" applied broadly? Weeds pop up in gardens. Dust accumulates on shelves. Paint begins to chip and peel. According to a recent WMUR article […]
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Trusts

Who Can Use Trusts in Estate Planning?

POSTED ON: March 4, 2022 BY: Kyle Krull
Trusts have several estate planning benefits. Many misunderstandings exist around estate planning. One of the most common misconceptions involves trusts. People tend to think this estate planning tool is only for those who are ultra-wealthy. According to a recent US News article titled “Trusts Explained,” a trust can address a number of estate planning goals […]
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Minor grandchildren

Can I Leave an Inheritance to Minor Grandchildren?

POSTED ON: March 1, 2022 BY: Kyle Krull
Several circumstances should be considered when planning to leave an inheritance to minor grandchildren. Becoming a grandparent brings fresh joys. There is something special about seeing your children have children, yes? Your love grows and expands as your family changes. According to a recent Nj.com article titled “How can I leave my money to my […]
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Prince

Was the Messy Prince Estate Avoidable?

POSTED ON: February 28, 2022 BY: Kyle Krull
Prince left no directions for his estate when he died. The sudden death of Prince triggered a variety of heavy emotions. Family and fans were devastated at the news of his fentanyl overdose in 2016. Can you believe it has been six years? Yikes! Some eyed his estate and were filled with greed. Others saw […]
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Digital

How Does One Plan in a Digital World?

POSTED ON: February 24, 2022 BY: Kyle Krull
Estate planning should include preparations for digital assets. I know, I know ... can I take a break from all of these posts about estate planning for digital assets? I mean, "Kyle, it seems like you have a post about digital assets every week!" Well, there is good reason for that. At its foundation, estate […]
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Digital assets

Can I Decide What Happens to My Digital Assets?

POSTED ON: February 17, 2022 BY: Kyle Krull
Digital assets are relatively easy to accumulate and overlook. With the rise of technology, people do not have to plan in advance like they once did! Forgot to defrost chicken for dinner? No problem. You can order a meal on your phone and pick it up in minutes (or have it delivered to your door)! […]
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Create and estate plan now

What Estate Planning Decisions Must I Make?

POSTED ON: February 4, 2022 BY: Kyle Krull
Estate planning is multifaceted. Things are almost never as simple as they look. Professionals spend decades training to perfect their skills whether they perform surgery or stenography. Watch to the end of the film credits of your favorite movie and see the vast number of individuals and skill sets required to produce a finished product. […]
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