Your "digital assets" require estate planning, too. Traditionally, estate planning has involved the transfer of property like real estate, collections, bank accounts, and investments to the next generation. Although this is still accurate, your property likely includes digital assets now. According to a recent Tech Crunch article titled “What happens to your NFTs and crypto […]
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 […]
It is wise to organize digital assets before you die. Why? The world we live in has changed significantly since the invention of computers and the creation of the internet. Now most individuals and businesses have an online presence to some degree whether this be through social media, websites, or email. In addition to these, […]
Your digital property requires estate planning. We live in an increasingly digital world. I think we would all agree with that, yes? Smartphones are essentially mini computers with the ability to make phone calls. Owning a business requires having a website. Social media and apps have become interconnected with work, hobbies, and relationships. Even banking […]
A letter of instruction allows you to provide helpful information to those handling your estate. You have your estate plan in place. The documents created by your estate planning attorney provide the courts or trustees with the essential instructions for the administration and distribution of your assets. Even so, you have thought of additional information […]
Digital legacy planning is often overlooked. Throughout most of human history, assets were tangible. These included family heirlooms, jewelry, land, and livestock. Later on, "currency" issued by monarchs and banks appeared. In recent years, wealth has evolved to include the digital realm. According to a recent The Lawton Constitution article titled “Wannabe Wired: Preparing your […]
Digital assets should be part of estate planning. "Digital assets," now that is a strange sounding concept, yes? It is also a relatively new phenomenon. With the rise of personal computers and the internet, people gained access to a digital world. Now with smartphones, this access is constantly at their fingertips. According to a recent […]
Passwords are important in estate planning. So many things are now digital. These include email, social media, and online banking to name a few. With the rise of digital assets, protecting these assets is important. Passwords can provide such protection. According to a recent my San Antoni article titled “Safe sharing of passwords and legal […]
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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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