Newlyweds should do estate planning before and after they walk down the aisle. Weddings are a time of celebration. They mark the joining of two families through a covenant of love. These celebration often involve months of planning and preparations. According to a recent AZ Big Media article titled “5 estate planning tips for newlyweds,” […]
Farmers should utilize portability in their estate planning. Farming is not an easy profession. Those who care for their land and animals know the will and ability to do this work is in their blood. Many have inherited the drive, perseverance, and diligence from their ancestors. While the character of a farmer may be instilled […]
Retirement costs can add up fast. Life is full of surprises. Sometimes these can be expensive. With a fixed income in retirement, unanticipated expenses can feel incredibly intimidating. According to a recent Money Talks News article titled “11 Huge Retirement Costs That Are Often Overlooked,” awareness of common high cost expenses in retirement can help you […]
Getting married again means more than planning another wedding. Remarriages are fairly common in the United States. Whether the result of death or divorce, they often involve more considerations than a first marriage. Couples must consider a number of factors as they blend families. According to a recent CNBC article titled “Remarrying? Here are financial […]
Moving to a new state requires a review (and possible update) of your estate plan and other consideration. Life has changed significantly since 2020. People have lost or changed jobs. Many have relocated for work. Others simply have chosen to be closer to family or better weather. This is especially true for those who are […]
Wealth transfer can be complicated by a number of factors. Not everyone has a job earning them large sums of money each year. This does not necessarily mean they will have fewer assets to transfer. Rather, many build their wealth through wise money management over the course of their careers. Think Dave Ramsey. According to […]
A home is a large investment physically and financially. Owning a home requires commitment. A lot of it. Becoming a homeowner involves monthly mortgage payments as well as property taxes. Properly maintaining the home is also not cheap. According to a recent Real Simple article titled “For Retirees, a Home Could Be Your Largest Asset—or […]
Owning a family business requires thoughtful succession planning. Family businesses come in all shapes and sizes. Some offer goods. Others offer services. According to a recent The Tampa Bay Business Journal article titled “Selling a family business: Plan to maximize value and preserve wealth,” estate planning and succession planning are essential to any of these […]
Many Americans do not understand Social Security. Gone are the days where trading and bartering reigned supreme. Money is required to purchase necessities and, well, pay bills. This makes income essential at every life stage. Cash flow is king, they say. According to a recent Money Talks News article titled “6 Things Many Americans Get […]
Business owners should tie estate planning to succession planning. Owning and running a business is no small feat. If it were, more people would have their own businesses. Those who start a business must address all aspects including mission, finances, and staffing. According to a recent Index Fund Advisors article titled “How to Avoid a […]
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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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