It is possible to help your adult children buy a home. The economy has been declining in recent years. Inflation and interest rates are both high. Consequently, buying a house is challenging for many individuals, couples, and families. According to a recent Kiplinger article titled “Four Ways Parents Can Help Kids Be First-Time Home Buyers,” parents can […]
Your home deed represents one of your most valuable assets. Some people add the name of an adult child to the title of their home deed. Why? For probate avoidance. Since children tend to outlive their parents, this seems a simple solution. Not so fast. As with much of life, what appears simple on the […]
Home owners must decide how to distribute this valuable asset. Owning and maintaining a house takes work. A lot of it. You are responsible for the lawn and garden, protection from pests, and general upkeep. Despite these added pressures, there are many perks. By owning a house, you can truly make it a "home" without […]
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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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