Kansas and Missouri Estate Planning Blog

Lisa Marie Presley

Did Lisa Marie Presley Have Heirs?

POSTED ON: February 6, 2023 BY: Kyle Krull
Lisa Marie Presley left behind a family legacy at her death. Most people live their lives in relative obscurity. Others are household names from the time of their birth. The latter was true of Lisa Marie Presley. According to a recent NME article titled “Lisa Marie Presley’s children to inherit Graceland estate,” being the daughter […]
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HIPAA Authorization

When is a HIPAA Authorization Needed?

POSTED ON: February 2, 2023 BY: Kyle Krull
Estate planning should include a HIPAA Authorization. Incapacity planning is essential to comprehensive estate planning. Accidents or illness can quickly turn from bad to worse when a person does not have incapacity documents. While some of these documents are only important when a person is incapacitated, others are helpful even when you have full mental […]
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Secondary beneficiaries

Do I Need Secondary Beneficiaries?

POSTED ON: January 31, 2023 BY: Kyle Krull
Secondary beneficiaries may save your estate plan. Having backups in place is a wise move. It is helpful both personally and professionally. Backing up the hard drive on your computer can protect important information or projects from being destroyed. Syncing your phone to the cloud can prevent sentimental photos from being lost forever. According to […]
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Apartment co-op

How Complicated is Inheriting a Co-op?

POSTED ON: January 24, 2023 BY: Kyle Krull
Leaving a co-op apartment as an inheritance may prove difficult. In Kansas City, there are some rather tony co-ops in an area generally known as the Country Club Plaza. These various co-ops are home to professional athletes, local celebrities, and many retirees. By the way, their view of the Country Club Plaza Lights is something […]
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Chicago man

How Did a Chicago Man have 119 Heirs?

POSTED ON: January 20, 2023 BY: Kyle Krull
A Chicago man left a large estate to extended family by default. Some people are unassuming millionaires. By looking at them on the street, they are indistinguishable from the average person. Upon their death, others are often surprised to find these individuals amassed significant wealth. According to recent Block Club Chicago article titled “A Chicago […]
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Estate plan

Is a Will Equal to an Estate Plan?

POSTED ON: January 19, 2023 BY: Kyle Krull
A will and an estate plan are not synonymous. People tend to categorize things and ideas. If the category is broader, then several things can have this label. For example, all cats and dogs are animals. Still, not all animals are cats and dogs. Neither is a cat a dog. However, there are some cute […]
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SECURE 2.0

What is Included in the SECURE 2.0 Act?

POSTED ON: January 17, 2023 BY: Kyle Krull
The SECURE 2.0 Act was passed in 2022. Preparing for retirement includes financial planning. People need to save money to help pay for goods and services when they no longer receive a income from their employment. Although most employers no longer provide pensions for their employees, most businesses offer some type of retirement benefit. According […]
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Kirstie Alley

What was Kirstie Alley's Estate Worth?

POSTED ON: January 10, 2023 BY: Kyle Krull
Kirstie Alley left a large estate after her recent death. The state motto of Kansas “ad astra per aspera” translates “to the stars through difficulty.” Whether they considered life in Kansas difficult or easy, several Hollywood stars have strong connections to the state. Michael McShane from Robin Hood: Prince of Thieves and Paul Rudd from […]
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ePlan

What is Involved in Creating an ePlan?

POSTED ON: January 5, 2023 BY: Kyle Krull
Estate planning should now include an ePlan. The internet has had both positive and negative impacts on the lives of modern Americans. The volume of information now available on computers and smart phones was formerly only accessible at reference libraries or through printed encyclopedias. Yep, I remember those days well. People can now access bank […]
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Beneficiary

Do I Need a Life Insurance Beneficiary?

POSTED ON: January 3, 2023 BY: Kyle Krull
Failing to name a life insurance beneficiary can cause significant problems. The end of one year and the start of another year is often a time to reflect on the past and plan for the future. People often reminisce about happy memories and hard losses. These reflections can inform the goals people make for the […]
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