Failing to designate a beneficiary on your accounts can cause problems for your estate. Assets come in all shapes and sizes. While some assets like a house take up significant physical space, others are held in accounts. Whether these accounts are bank accounts, retirement accounts, or investment accounts; it is likely each of these has […]
Celebrities often make headlines for a variety of reasons. However, when they make the news after they have died, that is when we learn of their estate planning mistakes. Most people live their lives in relative anonymity. They go to work, pay their bills, and care for their families with no fanfare. They are remembered […]
The probate process does not have to be scary. Few Americans understand probate. In fact, some adults are not even aware of its existence. Perhaps this is because probate highlights an unpleasant reality. It reminds people of their own mortality. According to a recent WTOP article titled “Everything You Need to Know About Probate,” the probate […]
Some individuals could get away with having either a trust or a will. Estate planning involves making decisions. You will need to choose who makes decisions if you become incapacitated. It also will be important to select heirs and perhaps protect their inheritance "for" or "from" them as needed. According to a recent MSN recent […]
Conversations with aging parents about their finances can benefit their estate planning. Young children often know little about their parents. This is partly because children are interested in few things but themselves. It also can stem from a family rule about certain topics being off limits. Finances is often one such topic. According to a […]
Certain documents are ineffective if they are not notarized. Many people do not know what a notary is until they require one. Getting a signature and stamp on a piece of paper may seem unimportant. It may be tempting to ignore this step for legal documentation. According to a recent WTOP article entitled “What Is a Notarized […]
Certain events should trigger an estate plan checkup. Nothing in your life happens in a vacuum. Your personal and work decisions impact each other. The decisions of others also can affect you and your loved ones. According to a recent Kiplinger article titled “2021 Estate Planning Checkup: Is Your Estate Plan Up to Date?,” what […]
There are key elements common to estate planning success. Preparing an estate plan is no small task. It requires action, knowledge, and attention to detail. When people underestimate the important of estate planning, they can cause problems for themselves and their loved ones. According to a recent Bankrate article titled “Estate planning checklist: 3 key […]
Placing conditions on an inheritance can cause problems. In some instances, it is appropriate to require certain standards to be met before receiving a benefit. Students must earn a minimum grade to pass a course. Athletes must pass a drug test to compete at the Olympics. Even attorneys must pass the bar exam to practice […]
Charlie Daniels left behind a music legacy. Musicians give the world a part of themselves through their songs. While the general public can continue to enjoy the artistic talents of a deceased musician through streaming services, families and close friends feel the loss acutely. This loss can feel even heavier when the musician failed to […]
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.