Kansas and Missouri Estate Planning Blog

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Beneficiary designations

What Are Mistakes on Beneficiary Designations?

POSTED ON: August 9, 2022 BY: Kyle Krull
Beneficiary designations cannot be overlooked in estate planning. Movies and media often misrepresent estate planning. They tend to focus only on the last will and testament of an individual. In doing so, it appears this is the only means of distributing wealth. Nothing could be further from reality. According to a recent Kiplinger article titled […]
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Inventory

What is Included in an Estate Inventory?

POSTED ON: June 2, 2022 BY: Kyle Krull
Estate inventory is one role of an executor. People can accumulate a lot of stuff throughout their lifetimes. This can include common clutter. It can also include valuable assets. After all, what is trash to one may be treasure to another. According to a recent Yahoo Finance article titled “What Is Included in an Estate […]
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Wealth transfer

What Is Involved in Efficient Wealth Transfer?

POSTED ON: January 28, 2022 BY: Kyle Krull
Wealth transfer can be complicated by a number of factors. Not everyone has a job earning them large sums of money each year. This does not necessarily mean they will have fewer assets to transfer. Rather, many build their wealth through wise money management over the course of their careers. Think Dave Ramsey. According to […]
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Financial information organization

Is Organizing My Financial Information Necessary?

POSTED ON: December 2, 2021 BY: Kyle Krull
It is important for someone to know your financial information. The right to privacy is a value with many benefits. Even so, there are times where failing to share information can prove problematic. One such area involves health concerns. If the physician providing you with medical care does not know your medications or your health […]
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Spouse is dying

What Should I Do When My Spouse is Dying?

POSTED ON: February 24, 2021 BY: Kyle Krull
The stakes are high when your spouse is dying. Death is an unpleasant reality, but a reality nevertheless. It carries with it loss and grief. Preparing for the death of a loved one is never easy emotionally, mentally, or physically. This is especially challenging when your spouse is dying. According to a recent Market Watch […]
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Why Are Beneficiary Designations Important?

POSTED ON: May 28, 2020 BY: Kyle Krull
Beneficiary designations must be "aligned" properly for an effective estate plan. Estate planning seems simple. You get a last will and testament. You sign it. Everything is set. Right? According to a recent Kiplinger article titled “Beneficiary Designations – The Overlooked Minefield of Estate Planning,” you may have overlooked a very significant aspect of estate […]
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