Kansas and Missouri Estate Planning Blog

Home » Probate » Page 3

Category: Probate

Pour-over will

When Should I Have a Pour-Over Will?

POSTED ON: October 9, 2023 BY: Kyle Krull
A pour-over will can help tie up loose ends. Revocable Living Trust-based plans work as intended when the trust is funded. Some assets are placed in the trust while the trustmaker of the trust is alive. Other assets are intentionally left out or simply forgotten - more commonly, the latter. According to a recent Coeur […]
Read More
life insurance

How Many Beneficiaries Should Life Insurance Have?

POSTED ON: October 6, 2023 BY: Kyle Krull
Life insurance is traditionally passed through beneficiary designations. Having an income is essential to living in America. Bills must be paid. Groceries must be purchased. Consequently, families who lose a parent with a paycheck are left more vulnerable. According to a recent yahoo! finance article titled “What happens if your life insurance beneficiary dies before you?,” […]
Read More
Estate planning

How is Estate Planning Beneficial?

POSTED ON: October 5, 2023 BY: Kyle Krull
Estate planning is essential for numerous reasons. Many people became more aware of the uncertainty of life during COVID. The media constantly reminded people that death was possible and their livelihood and health were at risk. Although there was a slight rise in people prioritizing estate planning, many still do not have an estate plan. […]
Read More
Wills or Trusts

Are Trusts Superior to Wills?

POSTED ON: October 3, 2023 BY: Kyle Krull
Wills and trusts are both useful estate planning tools. The debate over whether wills or trusts are better in estate planning has been argued by many for decades. The nature of this argument may be likened to whether a screwdriver or wrench is a better tool. It depends on what you need for the specific […]
Read More
No-contest clause

When Would Someone Use a No-Contest Clause?

POSTED ON: September 29, 2023 BY: Kyle Krull
Having a no-contest clause can reduce the likelihood of estate battles. Estate planning allows you to protect and provide for loved ones. It also enables you to disinherit certain people in your family. Very rarely does providing for your loved ones cause conflict. Cutting someone out of the will certainly can lead to resentment. According […]
Read More
Bank account

Who Will Inherit My Bank Account Funds?

POSTED ON: September 26, 2023 BY: Kyle Krull
Dead people cannot own a bank account. How assets are treated when you die depends on your forethought and goals. The fate of property can be complicated and confusing. With proper estate planning, the transfer can be straightforward. According to a recent Motley Fool article, "Here's What Happens to Your Bank Account When You Pass […]
Read More
Estate conflict

Is Conflict Surrounding an Estate Avoidable?

POSTED ON: September 5, 2023 BY: Kyle Krull
Proper planning can help you avoid estate conflict. Some people seem to thrive off of drama. No, really. This is evident in the plethora of reality television shows available on broadcast television and streaming services. Although many people find drama entertaining, it is much less enjoyable when it is your story. According to a recent […]
Read More
Heirlooms

How Should Heirlooms Be Handled in Estate Plans?

POSTED ON: August 28, 2023 BY: Kyle Krull
Heirlooms can trigger conflict among families. While many people value money as an inheritance, family heirlooms are often considered priceless. It makes sense. People can get money anywhere, but there is no replicating the history and meaning attached to family heirlooms. According to a recent The Wall Street Journal article titled "Pass On Your Heirlooms, […]
Read More
Robin Williams

What Happened to the Estate of Robin Williams?

POSTED ON: August 25, 2023 BY: Kyle Krull
Robin Williams complicated family dynamics with his estate plan. Robin Williams was a gifted actor and comedian who brought laughter and joy to young and old alike throughout his career. Despite his warm smile and carefree personality onscreen, Williams struggled with his mental health. In August 2014, he took his own life. According to a […]
Read More
Asset transfer mistakes

What Mistakes are Common in Asset Transfer?

POSTED ON: August 23, 2023 BY: Kyle Krull
Asset transfer mistakes can be easy to make without professional estate planning. Handoffs are not always easy. Whether it involves transferring the baton in a relay race, a handoff from center to quarterback, or passing the ball to a teammate in soccer, precision is key. A simple miscalculation can lead to failure. According to a […]
Read More

Search

Get All The Marketing Updates

Blog Silos

Recent Posts

Subscribe to our e-Newsletter and Weekly Blog Digest

Ready to schedule your consultation?

Get Started Now With Harvest Law KC

Get Started Now

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.

Harvest Law KC

5209 W 164th St
Overland Park, KS 66085

Get Directions
IMS - Estate Planning and Elder Law Practice Growth Advisors
Powered by
chevron-down