Kansas and Missouri Estate Planning Blog

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Pour-over will

How Can a Pour-Over Will Benefit my Trust?

POSTED ON: May 25, 2022 BY: Kyle Krull
A pour-over will is used when a trust is in place. Many people think of estate planning as a binary decision - they need to choose either a last will or a revocable living trust (RLT). Although one of these must set the foundation for your estate plan, they are not necessarily mutually exclusive. A […]
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Health Savings Account

What Happens to an Inherited Health Savings Account?

POSTED ON: January 3, 2022 BY: Kyle Krull
A health savings account is a useful tool for medical expenses. Medical expenses are often quite costly. Although insurance can help, it does not often provide full coverage. You will be paying some of your expenses out of pocket. According to a recent The Street article titled “HSAs and Estate Planning,” utilizing a health savings […]
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Bank Account Access

Should I Provide Bank Account Access to My Children?

POSTED ON: November 5, 2021 BY: Kyle Krull
Giving bank account access should be carefully considered prior to taking action. As children become adults, they get to know their parents in new ways. Although parents will always be parents and children will always be children, the relationship begins to resemble more of a peer relationship at the functional level. Parental advice becomes less […]
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Second marriage

How Should I Prepare for My Second Marriage?

POSTED ON: April 21, 2021 BY: Kyle Krull
Your second marriage requires revisiting your estate plan. You have found love again. As your prepare for your second wedding, do not neglect your estate planning. Although your wedding day will be filled with memories and loved ones, your estate plan will impact the future of your new family. According to a recent Mondaq article […]
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