Blended families require special considerations, especially when it comes to estate planning. Blended families are common in America. Many adults get married and have children, then divorce and remarry. Some then lather, rinse, and repeat. Although common, remarriage creates more complex family systems. More complex family systems can be a nightmare without proper estates planning. […]
Your second marriage requires revisiting your estate plan. You have found love again. As your prepare for your second wedding, do not neglect your estate planning. Although your wedding day will be filled with memories and loved ones, your estate plan will impact the future of your new family. According to a recent Mondaq article […]
Leaving an equal inheritance is not always fair. And, leaving a fair inheritance is not always equal. It can be complicated, yes? You have several children. As you plan for your asset distribution, you consider giving equal amounts to each. This seems fair at first glance. According to a recent The New York Times article […]
Blended families with multiple children can make trust planning essential. You and your spouse met. You fell in love. You got married. You also brought your own respective children to the new relationship. Together, you navigated the joining of two families. According to a recent The Daily Sentinel article titled “Estate Planning: A Trust Can […]
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 […]
Joint accounts can prove helpful or problematic. Estate planning can feel daunting. If you are a private person, the public nature of probate may be particularly unappealing. Even if you have a last will and testament, not all assets should necessarily pass through your last will and testament. Some assets will be distributed to heirs […]
Do not neglect estate planning for your second marriage. Preparing for a wedding and a marriage can be stressful, especially if it is not your first trip down the aisle. With COVID-19, you may feel as if there is no end to challenges. As you and your future spouse plan for you big day, the […]
Dying without a will is detrimental to your estate. You have been thinking about your own mortality. What will happen when you die? What legacy will you leave? Will your loved ones be okay without you? According to recent Forbes article titled “The Dangers Of Dying Without A Will,” the answer to this question depends […]
Pandemics bring end-of-life decisions to the forefront. The spread of COVID-19 across the globe makes this a pandemic. People all over the world are experiencing the same fears. They are thinking about sickness. They are thinking about death. What can they do? What can you do? According to a recent Milwaukee Journal Sentinel article titled […]
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 […]
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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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