Kansas and Missouri Estate Planning Blog

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Non-probate assets

How Are Non-Probate Assets Distributed?

POSTED ON: May 13, 2022 BY: Kyle Krull
Non-probate assets are commonly overlooked in estate planning. Estate planning involves a lot of unique words like last will and testament, probate, and assets. While these words are uncommon in the daily vocabulary of most individuals, they are important words to understand. A last will is a formal legal document used to guide a probate […]
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estate planning

Here’s Why You Need an Estate Plan

POSTED ON: July 31, 2021 BY: Kyle Krull
No matter what line of work you are in, estate planning has facets that apply to everyone, and it comes down to documenting wishes and avoiding probate and unnecessary taxes. Too many people put it off, but, in general, the sooner you do it, the better.
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What Should I Include in an Estate Plan Discussion?

POSTED ON: March 17, 2021 BY: Kyle Krull
An estate plan discussion can preserve family relationships. Death is an unpleasant topic. I get that. As Woody Allen famously quipped: "I'm not afraid of death; I just don't want to be there when it happens." Few people want to think about their loved ones being gone. The harsh reality is everyone dies. According to a recent U.S. News […]
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Prince

Was the Prince Estate Undervalued?

POSTED ON: February 12, 2021 BY: Kyle Krull
The estate of Prince is still making headlines. No, really. Prince was a talented musician. He was also a memorable human. Very few people change their names to a symbol and then back to their names. When Prince died of a fentanyl overdose in 2016, the world was not ready to lose his talent. According […]
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How Do I Maximize My Inheritance?

POSTED ON: April 7, 2020 BY: Kyle Krull
Maximize your inheritance through careful planning. People tend to treat money they have earned differently than money they have been given. Have you ever noticed that? Gifted or inherited money is often spent quickly on big-ticket items. It certainly is tempting to go on a shopping spree or get a taste of luxury. According to […]
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