An estate plan is not complete until it is organized. If you have reached age 18, you should have an estate plan. Even without significant wealth or children, people have a lot to lose if something happens to them without a plan in place. Incapacity is one of the greatest dangers to young people. According […]
Gifts can be a helpful way of reducing estate tax liability. Estate taxes can cost certain estates significantly. Because taxes can reduce inheritances to heirs, it is not surprising when people try to plan strategically to reduce these costs. Sometimes these give rise to cases and questions in Tax Court. Rut row. According to a […]
Physical symptoms can materialize in grief. The loss of a loved one is a significant event. You cannot just call the loved one postmortem and hear his or her voice. You can no longer receive a hug from this important person in your life. According to a recent Next Avenue article titled “Broken Heart Syndrome: […]
A buy-sell agreement can protect a small business. Business owners have a lot to think about. Their daily concerns include customers, employees, and finances. In fact, they are the last one's to get paid each month (if then). With the constant demands on their attention, business owners can forget to consider what will happen when […]
Estate planning mistakes are more common than they should be. Simply creating an estate plan may not be enough. If you take the advice of someone other than an experienced estate planning attorney from your state of residence, you could get yourself into trouble. In fact, you could endanger everyone you love and everything you […]
People often say unhelpful things to the grieving after the death of a loved one. Chances are you have experienced the death of a loved one. In the U.S. alone, about 7,500 people die daily. The pain from the death of a close friend or family member is raw and real, even if expected. According […]
A family-owned business will likely fail without a business succession plan. You run a family-owned business. Serving your clients or customers brings you both joy and income. In fact, your business is your most significant financial asset. This means you have much to lose through life events, whether disability, retirement, or death. According to a […]
You may need to tackle a checklist after the death of your spouse. Loosing the love of your life is hard. This is, of course, an understatement. Nothing can prepare you for the pain of such a loss. Unfortunately, the world ignores this burden and continues to make demands. According to a recent Forbes article […]
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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.
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