College students often neglect estate planning. Life is full of transitions. One important time of transition is that from adolescence to adulthood. Corresponding with this transition, young people either move directly to a career or into further education. Regardless the path they take, estate planning if often overlooked. According to a recent Wealth Advisor article […]
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 […]
Conversations with aging parents about their finances can benefit their estate planning. Young children often know little about their parents. This is partly because children are interested in few things but themselves. It also can stem from a family rule about certain topics being off limits. Finances is often one such topic. According to a […]
A comprehensive estate plan does not simply appear out of thin air. Young people often do not consider their own mortality. It is common to believe the next day will be much like the one before it. Since early 2020, the uncertainty of life has become more pronounced for many Americans. As a result, the […]
A safe deposit box is not the best solution for all your valuables. Security and access are often at odds. Consider your electronic devices or accounts. If there were no passwords or security codes, you could more easily login from any device. While it would be convenient, it would also leave these accounts vulnerable. According […]
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 […]
Estate planning requires attention to detail. If you are an American adult, you should have an estate plan. This planning is not reserved for those who exceed the 2021 federal estate tax exemption of $11.7 million per person. Effective estate plans are essential to protecting you, your assets, and your loved ones. Poor estate planning […]
Blended families require special attention in estate planning. Families are not always peaceable. Every age and stage carries unique conflict triggers. The death of a parent often awakens old wounds and can create new ones. According to a recent Forbes article titled “Could Your Aging Parents’ Estate Plan Create A Nightmare For Step-Siblings?,” special care […]
Mistakes in planning for retirement can lead to unnecessary and avoidable stress. Planning for retirement starts early. If you started saving at the beginning of your career, you should have a decent nest egg when you are nearing retirement. Even so, planning does not necessarily equate to wise planning. According to a recent AARP article […]
Estate planning involves checking items off your to-do list. To-do lists are helpful in a variety of circumstances. They provide a visual representation of what you need to do and what you have already accomplished. Even so, your list is only as good as the items on it. According to a recent Spotlight News article […]
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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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