A life estate means the original owner can remain in their home as a life tenant. Estate planning is multifaceted. Although there are many ways to accomplish the transfer of property, not all are equally beneficial for every circumstance. States have their own laws. Families have unique dynamics. People have varying wealth and tax liability. […]
Dying without a last will causes many complications. Death is inevitable. Despite this fact, many people choose to act as if ignoring this fact will somehow alter reality. This denial can reduce uncomfortable thoughts and emotions for a time, but it is not sustainable and can have negative impacts. According to a recent The Wall […]
In-laws can either bring great joy or great frustration. Family dynamics range from contentious at best to primarily peaceful. Sometimes parents never approve of the spouses their children choose. As my mother-in-law teased, "Behind every successful man is an amazed and astonished mother-in-law!" Other families feel like they gained a new beloved child each wedding […]
Sometimes disinheriting stepchildren is a good idea. Having a blended family in the United States is pretty common. Sometimes one party may have a child or children from a previous marriage or relationship before marrying the love of their life. In many cases, both partners have been married before and have children from their previous […]
Knowing what to do after a spouse has died can be overwhelming. The marriage relationship is a unique relationship. You have made a covenant with another person to love them no matter what life throws your way. Your spouse will see you at your worst and best through life's good and bad circumstances. According to […]
Estate planning often has multiple benefits. People tend to avoid doing things if they do not benefit directly. Estate planning is one of those areas where people believe it is helpful for some people but not them. Often the mistaken belief is such planning and preparation is only for the super-wealthy. According to a recent […]
“Per stirpes” is a designation for passing assets to heirs. Legal jargon can involve a lot of Latin and also be confusing. Legal jargon also has real implications for the lives of Americans. It is present in government statutes, business contracts, and estate planning. According to a recent Motley Fool article titled “What Does Per […]
Aretha Franklin left a voicemail for her attorney in the months preceding her death. Estate planning is essential because it allows people to communicate their wishes regarding what happens to their assets when they die. To be legally binding, estate planning documents must be prepared and signed according to specific rules. Simply stating wishes to […]
It is possible to replace many lost documents. Losing essential items or documents is pretty common. When people move or clear out files and papers in their homes, sometimes important documents sneak into the mix as little stowaways. This can cause problems when these documents are later required for applications or approvals. According to a […]
Limited Liability Companies (LLCs) and trusts are both helpful for asset protection. Asset protection can be a priority for many in their life and estate planning. This is especially important for those with much to lose as business owners. Two common tools for asset protection include trusts and Limited Liability Companies (LLCs). According to a […]
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.
