Kansas and Missouri Estate Planning Blog

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Farm

What Steps Can I Take Now To Protect the Farm?

POSTED ON: July 28, 2021 BY: Kyle Krull
Keeping the family farm requires estate planning. Farmers are known for their hard work, patience, and perseverance. Similar to estate planning, crops only thrive when their specific needs are taken into account. Despite this parallel, about 60 percent of farmers do not have a last will and testament. According to a recent Farm Journal’s Pork […]
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Family-owned business

How Can I Preserve My Family-Owned Business?

POSTED ON: April 30, 2021 BY: Kyle Krull
A family-owned business will likely fail without a business succession plan. You run a family-owned business. Serving your clients or customers brings you both joy and income. In fact, your business is your most significant financial asset. This means you have much to lose through life events, whether disability, retirement, or death. According to a […]
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How Do Uncertain Times Impact Family Businesses?

POSTED ON: May 19, 2020 BY: Kyle Krull
Family businesses require careful planning for future longevity. Very careful. You are a small or mid-sized business owner. In fact, your business is a family business. Perhaps you started it yourself. Maybe you inherited it from your parents. You want to pass this legacy on to your own children and grandchildren. Unfortunately, times are uncertain […]
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