Having an estate plan should be a priority in 2024. At the start of a new year, many people reflect on the past and set goals for the next twelve months. For many, this involves dusting off the old dumbbells to "get fit." Others may elect to "shop the perimeter" of the grocery store to […]
Asset transfer mistakes can be easy to make without professional estate planning. Handoffs are not always easy. Whether it involves transferring the baton in a relay race, a handoff from center to quarterback, or passing the ball to a teammate in soccer, precision is key. A simple miscalculation can lead to failure. According to a […]
Retitling a house deed can lead to unfortunate unintended consequences. You own a home. If you are like many people, this is likely your most significant asset. As such, it should be an priority to consider in your estate planning. According to a recent St George News article titled “Naming a child on your deed […]
Home owners must decide how to distribute this valuable asset. Owning and maintaining a house takes work. A lot of it. You are responsible for the lawn and garden, protection from pests, and general upkeep. Despite these added pressures, there are many perks. By owning a house, you can truly make it a "home" without […]
Yes, Virginia, an inheritance can cause conflict in marriage. You have recently accepted a large inheritance. Although you miss your loved one, you know these assets were left to you to be used. You begin to wonder how to utilize the money and start making "to purchase" lists in your mind. Then, you pause. Should […]
Successor trustees carry significant responsibilities. You have been named a successor trustee. The problem? You are not sure what this means. Relax, many people asked to be trustees do not know the responsibilities involved. According to a recent nwi.com article titled “Estate Planning: The role of a successor trustee,” you are not alone. First, you […]
DIY estate planning can be expensive. You have heard the words "estate plan" from family and friends. They advise you to get one. You reached out to a few attorneys and were overwhelmed by sticker shock. You then researched estate planning articles online. It looks simple enough. Surely, you can do-it-yourself. According to a recent […]
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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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