You can give an inheritance while you are living. Timing can make a big difference. A split second late on a baseball swing can leave you with a strike rather than a home run, yes? Being born a few minutes before midnight on New Year’s Eve gives parents a tax break. According to a recent […]
Memorabilia collectors should create plans for the transfer of these assets. Estate planning is essential for retaining control over who inherits assets. When preparing for the transfer of assets, most people list life insurance policies, investment accounts, and bank accounts. Tangible assets are often overlooked. According to a recent Kiplinger article titled “Estate Planning for Memorabilia […]
Barbara Walters left a journalistic legacy and a fortune. Broadcast journalism has played a significant role in American culture and history. As a result, news anchors and television personalities have introduced people to the effects of crime, war, natural disasters, and other significant events. As news reporting has shifted to include more online services, journalists […]
Ivana Trump left a large inheritance. People tend to have strong thoughts, feelings, and opinions about the Trump family. However, only in the decade has the family been connected to politics. Rather, the name has long been associated with business success and real estate. According to a recent Newsweek article titled “Ivana Trump Gives Nanny […]
Lisa Marie Presley left behind a family legacy at her death. Most people live their lives in relative obscurity. Others are household names from the time of their birth. The latter was true of Lisa Marie Presley. According to a recent NME article titled “Lisa Marie Presley’s children to inherit Graceland estate,” being the daughter […]
A Chicago man left a large estate to extended family by default. Some people are unassuming millionaires. By looking at them on the street, they are indistinguishable from the average person. Upon their death, others are often surprised to find these individuals amassed significant wealth. According to recent Block Club Chicago article titled “A Chicago […]
A will and an estate plan are not synonymous. People tend to categorize things and ideas. If the category is broader, then several things can have this label. For example, all cats and dogs are animals. Still, not all animals are cats and dogs. Neither is a cat a dog. However, there are some cute […]
Equal is not always fair. Most parents are used to their children complaining about fairness. Siblings seem to be have a radar to detect even the smallest millimeter of difference on desserts or the tiniest fraction of a second for use of a shared toy. The hope is for children to outgrow this obsession with […]
Kirstie Alley left a large estate after her recent death. The state motto of Kansas “ad astra per aspera” translates “to the stars through difficulty.” Whether they considered life in Kansas difficult or easy, several Hollywood stars have strong connections to the state. Michael McShane from Robin Hood: Prince of Thieves and Paul Rudd from […]
Estate planning should now include an ePlan. The internet has had both positive and negative impacts on the lives of modern Americans. The volume of information now available on computers and smart phones was formerly only accessible at reference libraries or through printed encyclopedias. Yep, I remember those days well. People can now access bank […]
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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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