A power of attorney is key to incapacity planning. People have varying views of estate planning. Some individuals believe it is so simple they can do it all themselves. Others believe having an estate plan is unimportant. Still, others understand estate planning can be nuanced and can benefit from working with an experienced estate planning […]
A guardianship or conservatorship is a common outcome when no powers of attorney exist. Freedom and independence are common themes in the United States of America. Think 1776. People want to be able to choose how to save and spend their money, as well as where to live and spend their time. While most children […]
Dementia often leads to mental incapacity. Some cognitive decline is to be expected in aging. For some, the progression is relatively mild. For others, the decline is more severe and involves dementia or Alzheimer’s. According to a recent Health News article titled “Can Someone With Dementia Sign Legal Documents,” the progression of these diseases can […]
Rapper Coolio died without an estate plan. Many celebrities die without preparing for the transfer of their wealth. When this happens, it can leave their estates vulnerable to taxes and even greedy folks wanting to cash in on their wealth. One recent celebrity who died without an estate plan was Artis Leon Ivey, Jr. who […]
How a power of attorney is phrased will impact the authority granted. So much in life is outside of our control as individuals. Accidents and illness can strike at any moment and leave you or your loved ones incapacitated. When this happens, the incapacitated individual can no longer manage his or her finances. According to […]
Easy is not always better, especially when it comes to estate planning. Life is full of choices. Many factors guide the decisions we make moment by moment when presented with options. The simplest choice is often appealing. According to a recent Florida Today article titled “Estate planning: When you take the lazy way out, someone […]
Each quarter of the calendar year provides opportunities for estate planning. Businesses often divide their fiscal calendars into quarters. There are often benchmarks and checkups scheduled every three months. Doing so allows the business to better understand and manage its financial health. According to a recent Victoria Advocate article titled “Make quarterly payments to estate […]
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 […]
Estate planning is one important step to caring for your loved ones after your incapacity or death. I have heard many excuses over my career as an estate planning attorney. Many people think estate planning is only for the super wealthy. Others believe it is only important if they are married or have children. These […]
You should plan for your pets during the current pandemic. Your pets are part for your family. They are with you in the best of times. They also support you in challenging times like the current pandemic. Perhaps you have welcomed a new pet during your time in quarantine. According to a recent The Harvard […]
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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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