Kansas and Missouri Estate Planning Blog

Letter of instruction

How Can I Organize my Letter of Instruction?

POSTED ON: August 7, 2023 BY: Kyle Krull
A letter of instruction supplements legal estate planning documents. Some things are unnecessary but are helpful. For example, TSA pre-check and Global Entry are not required to travel by air. Those who travel by airplane infrequently may find the cost of these to be unjustifiable. Others who fly frequently internationally and domestically for business or […]
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Glenn Frey

Who Inherited the Estate of Glenn Frey?

POSTED ON: August 2, 2023 BY: Kyle Krull
Glenn Frey left both a legacy of music for the world and provision for his family. Many people dream of being a guitarist in a successful band. Few realize this dream. Glenn Frey was one of the few fortunate and talented individuals who made a living from making music for the enjoyment of the masses. […]
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Missing heir

How Can a Missing Heir be Found?

POSTED ON: July 26, 2023 BY: Kyle Krull
Finding a missing heir is not always easy. Heirs are those individuals who receive inheritances from someone who has died. Generally, these heirs are family or friends. When people create a last will and testament, they designate their heirs. They can include or exclude almost anyone they like. According to a recent Next Avenue article […]
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Estate taxes

Can Heirs Be Responsible for Estate Taxes?

POSTED ON: July 20, 2023 BY: Kyle Krull
Heirs may be responsible for estate taxes. Not all estates will require payments of estate taxes. It is dependent on a number of factors, including the size of the estate and the specifics of the estate plan. Those who have assets valued in excess of the federal estate exemption threshold and those who live in […]
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Digital assets

How Does RUFADAA Work for Digital Assets?

POSTED ON: June 14, 2023 BY: Kyle Krull
Legislation may help protect digital assets in estate planning. Most people think of their tangible assets when they prepare to create an estate plan. They know they must make plans for their cars, homes, and family heirlooms. What often gets overlooked are digital assets. According to a recent Kiplinger article titled “How to Tackle Digital […]
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Downsizing

How Can I Make Downsizing Efficient?

POSTED ON: June 13, 2023 BY: Kyle Krull
Downsizing can take a lot of preparation. Living in one place for any length of time typically comes with an accumulation of stuff. Sometimes, a lot of stuff. This is true whether your child moves back from college after nine months in a dorm or whether you move from a family home you have occupied […]
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Probate court

Is Probate Court the devil Incarnate?

POSTED ON: April 28, 2023 BY: Kyle Krull
The probate court oversees the settlement of estates. Although probate often has a bad reputation, it is not the devil incarnate. In fact, the probate process provides an organized legal way to transfer asset title when the decedent owner of a given asset did not make arrangements for the asset to avoid probate. So, what […]
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Lisa Marie Presley

Did Lisa Marie Presley Revise Her Estate Plan?

POSTED ON: March 14, 2023 BY: Kyle Krull
Lisa Marie Presley made some estate planning mistakes. Estate planning should be undertaken with the help of professionals. This is especially true for more complex estates or family dynamics. Attempting to create or update an estate plan on your own can lead to issues with estate administration. According to a recent Insurance NewsNet article titled “Presley […]
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Remarriage

Does Remarriage Require Estate Planning?

POSTED ON: March 9, 2023 BY: Kyle Krull
Remarriage for seniors is not uncommon. Although many people envision young couples when they think of weddings, people get married and remarried at any age. For some, divorce or death leads to being single again. For others, they have simply waited longer to find the love of their life. According to a recent MSN article […]
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Grief

Can I Make Grief Less Overwhelming?

POSTED ON: March 6, 2023 BY: Kyle Krull
Grief is intense after the loss of a loved one. Emotions are relatively challenging for many people. The complexity of grief can be particularly chaotic. Not only is a loved one no longer present, but the decedent is often someone who would have helped provide comfort and shoulder postmortem responsibilities. According to a recent Scubby […]
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