Kansas and Missouri Estate Planning Blog

Estate plan updates

How Can Estate Plan Updates Reduce Risk?

POSTED ON: May 5, 2022 BY: Kyle Krull
Estate plan updates are vital to protecting loved ones and your assets. What comes to mind when you consider risky behavior? Tom Cruise in "Risky Business"? I digress. Perhaps you think of climbing a mountain without ropes. Maybe you envision people parachuting out of perfectly good airplanes. You likely believe few people choose high stakes […]
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Prince

Was the Messy Prince Estate Avoidable?

POSTED ON: February 28, 2022 BY: Kyle Krull
Prince left no directions for his estate when he died. The sudden death of Prince triggered a variety of heavy emotions. Family and fans were devastated at the news of his fentanyl overdose in 2016. Can you believe it has been six years? Yikes! Some eyed his estate and were filled with greed. Others saw […]
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Estate planning attorney

Why Should I Work with an Estate Planning Attorney?

POSTED ON: January 13, 2022 BY: Kyle Krull
Working with an experienced estate planning attorney is essential. Many things can be done on your own. You can cut down on takeout costs by making copycat recipes at home. Likewise, handmade gifts are often more meaningful and less expensive. According to a recent Pennsylvania News Today article titled “Top 7 Reasons You Need An […]
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Last will and testament

Why Have a Last Will and Testament in Place?

POSTED ON: January 12, 2022 BY: Kyle Krull
A last will and testament is valuable to estate planning. Journalism is known for the tagline “If it bleeds, it leads.” Headlines are crafted to attract attention. Since 2020, COVID-19 has become one of the most common topics of news headlines in the United States and around the world. Although COVID-19 has negatively impacted the […]
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Elder law

What Services are Provided by Elder Law Attorneys?

POSTED ON: December 7, 2021 BY: Kyle Krull
Elder law and estate planning are not synonymous. Your parent is getting older. In fact, you are recognizing signs of memory problems as well as physical frailty. Although your parent can live independently now, you recognize this will not last forever. You do not know what to do. According to a recent Forbes article titled […]
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Divorce

What Estate Plan Changes Do Divorce Necessitate?

POSTED ON: November 17, 2021 BY: Kyle Krull
Estate plans need to be updated after a divorce. Rarely do you hear of people getting married with the expectation of divorce in their future. In general, couples enter marriage believing they will be together forever. They build their lives anticipating long-term goals. Many couples include estate planning in these long-term plans. According to a […]
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Estate plan

What is the Purpose of Creating an Estate Plan?

POSTED ON: November 12, 2021 BY: Kyle Krull
Having an estate plan is foundational to protecting loved ones and assets. People are planners. We plan our routes when driving. We prepare for meetings at work. We develop five- and ten-year plans. According to a recent Digital Journal article titled “What is an Estate Plan and What are its Benefits?,” many people, unfortunately, neglect […]
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Conservatorship

What is the Purpose of a Conservatorship?

POSTED ON: October 29, 2021 BY: Kyle Krull
A conservatorship is not always controversial like with Britney Spears. Conservatorships have been in the news recently as celebrities like Britney Spears or Amanda Bynes battle their parents for control over their lives and finances. If people were to base their knowledge of conservatorships from only these articles, they would conclude that conservatorships serve no […]
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Estate Planning Checkup

Why Should I have an Estate Plan Checkup?

POSTED ON: October 14, 2021 BY: Kyle Krull
Certain events should trigger an estate plan checkup. Nothing in your life happens in a vacuum. Your personal and work decisions impact each other. The decisions of others also can affect you and your loved ones. According to a recent Kiplinger article titled “2021 Estate Planning Checkup: Is Your Estate Plan Up to Date?,” what […]
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Key elements of estate planning

What are Key Elements of Estate Planning?

POSTED ON: October 7, 2021 BY: Kyle Krull
There are key elements common to estate planning success. Preparing an estate plan is no small task. It requires action, knowledge, and attention to detail. When people underestimate the important of estate planning, they can cause problems for themselves and their loved ones. According to a recent Bankrate article titled “Estate planning checklist: 3 key […]
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