Kansas and Missouri Estate Planning Blog

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King Charles III

Does King Charles III Owe Inheritance Taxes?

POSTED ON: October 14, 2022 BY: Kyle Krull
King Charles III may be exempt from certain taxes. Estate taxes and inheritance taxes are not simply a reality in America. Citizens of the United Kingdom are also subject to death taxes. Estates valued at or above £325,000 pounds are taxed at 40 percent. In American dollars, the equivalent would be an estate of $374,000. […]
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James Brown

What Happened to the Estate of James Brown?

POSTED ON: August 17, 2021 BY: Kyle Krull
James Brown left a mess with his estate plan. During his life, James Brown recorded numerous hit songs. These tunes included “A Man’s World,” “Pappas Got a Brand-New Bag,” and “I Feel Good.” While he struck audiences with flashy performances, his life was plagued with problems. According to a a recent Associated Press article titled […]
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Qualified charitable distributions

Can Qualified Charitable Distributions Apply to RMDs?

POSTED ON: April 12, 2021 BY: Kyle Krull
You can save on taxes with qualified charitable distributions. Few people look forward to any portion of their income ending up in the hands of the government. Even if they cannot keep and use all of their funds for themselves and loved ones, many people prefer to have a say in how the funds are […]
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Tax implications of estate planning

What are Estate Planning Tax Implications?

POSTED ON: March 12, 2021 BY: Kyle Krull
Your estate planning decisions have tax implications. When you think of estate planning, you probably think of who you want to inherit your assets. Perhaps you also consider who would rear your minor children if they were orphaned. What many people do not consider are the tax implications of their planning decisions. According to a […]
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