Kansas and Missouri Estate Planning Blog

Myths

Are Estate Planning Myths Problematic?

POSTED ON: April 13, 2023 BY: Kyle Krull
Estate planning is fraught with myths. What people believe influences what they do.  For example, children who think monsters are under their beds tend to avoid their rooms at night. When doctors believe their patients have specific ailments, they order certain tests. If people believe integrity is important, they will not speed on a road […]
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Blended families

Is Disinheritance a Risk for Blended Families?

POSTED ON: April 11, 2023 BY: Kyle Krull
Blended families have more estate planning "moving parts" to consider. Baking is a relatively benign form of chemistry. Ingredients are combined in specific amounts, at specific times, and at specific temperatures based on how they interact. If done well, the result is a tasty treat. If the ingredients were bad or the measurements were incorrect, […]
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Components

What are Key Estate Plan Components?

POSTED ON: February 27, 2023 BY: Kyle Krull
Comprehensive estate planning has several key components. People have long valued knowledge. It is natural to want to understand. In fact, I feel most vulnerable when I do not even know what I do not even know. And that encompasses too many areas to list! How about you? From the time children learn to speak, […]
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Myths

Have I Believed Estate Planning Myths?

POSTED ON: February 23, 2023 BY: Kyle Krull
Many people believe common myths about estate planning. All cultures around the world have myths. Some of these involve stories of heroes, villains, and supernatural creatures. Others involve pithy phrases or offer solutions to common ailments. Although some of these myths are fairly harmless, others can have dire consequences. According to a recent The Street […]
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Lisa Marie Presley

Did Lisa Marie Presley Have Heirs?

POSTED ON: February 6, 2023 BY: Kyle Krull
Lisa Marie Presley left behind a family legacy at her death. Most people live their lives in relative obscurity. Others are household names from the time of their birth. The latter was true of Lisa Marie Presley. According to a recent NME article titled “Lisa Marie Presley’s children to inherit Graceland estate,” being the daughter […]
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Rapper Coolio

Did Coolio Need an Estate Plan?

POSTED ON: January 26, 2023 BY: Kyle Krull
Rapper Coolio died without an estate plan. Many celebrities die without preparing for the transfer of their wealth. When this happens, it can leave their estates vulnerable to taxes and even greedy folks wanting to cash in on their wealth. One recent celebrity who died without an estate plan was Artis Leon Ivey, Jr. who […]
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Beneficiary

Do I Need a Life Insurance Beneficiary?

POSTED ON: January 3, 2023 BY: Kyle Krull
Failing to name a life insurance beneficiary can cause significant problems. The end of one year and the start of another year is often a time to reflect on the past and plan for the future. People often reminisce about happy memories and hard losses. These reflections can inform the goals people make for the […]
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Guardian

Should I Accept an Appointment as Guardian?

POSTED ON: December 12, 2022 BY: Kyle Krull
Serving as a guardian is a significant responsibility. Estate planning is important at any life stage. Each stage has its own specific concerns to be addressed. Young adults must prioritize agents to make medical and financial decisions for them in the event of incapacity. Older seniors must consider how to best pass what remains of […]
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Life stage

Does Life Stage Impact Estate Planning?

POSTED ON: November 11, 2022 BY: Kyle Krull
Estate planning needs vary according to age and life stage. People change throughout their lives. Perhaps you have noticed this. Not only do we grow physically from infancy to adulthood, but new goals and priorities also develop. These influence choices within various areas over our lifespans. According to a recent The Seattle Times article titled […]
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Social Security

When is a Child Denied Social Security Benefits?

POSTED ON: November 7, 2022 BY: Kyle Krull
Social Security benefits may not be guaranteed to those conceived through in vitro after death. Many couples have fertility trouble. When getting pregnant naturally is not an option, many seek other avenues. Some choose adoption. Others commonly choose in vitro fertilization. According to a recent The Free Press article titled “Courts Ponder Benefits In Florida […]
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