Kansas and Missouri Estate Planning Blog

Estate Plan

Is an Estate Plan Really Necessary?

POSTED ON: October 13, 2022 BY: Kyle Krull
Nope. Just kidding. A comprehensive estate plan protects assets and loved ones. A lot of people really like to have control. It helps them to feel more secure. That likely includes you, yes? Although you cannot always control what happens to you, you can prepare for what is outside of your control. According to a […]
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Stevie Ray Vaughan

Who Inherited from Stevie Ray Vaughan?

POSTED ON: October 4, 2022 BY: Kyle Krull
Stevie Ray Vaughan left a fairly small estate. History has shown musicians on aircraft often have tragic endings. This is true of a number of legends. One of these legends was Stevie Ray Vaughan. According to a recent MSN article titled “Here's Who Inherited Stevie Ray Vaughan's Money After His Death,” Vaughan did not have […]
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Anne Heche

Did Anne Heche Have an Estate Plan?

POSTED ON: September 30, 2022 BY: Kyle Krull
Anne Heche died tragically last month. Tragedy is a common theme in dramas. Many actors spend their careers portraying people caught in heartbreaking circumstances. Throughout her career, Ann Heche brought to life many characters navigating challenges and loss. According to a recent CNN article titled “Anne Heche's son petitions to assume control of her estate,” […]
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Probate

How Can Fewer Assets Pass Through Probate?

POSTED ON: September 22, 2022 BY: Kyle Krull
It can be helpful to reduce the size of a probate estate. The probate courts exist to oversee the passing of property between people and their heirs. Like many legal systems, it can be slow. When time is money, the costs can certainly add up. According to a recent Indianapolis Business Journal article titled “Try […]
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Chadwick Boseman

How Large Was the Chadwick Boseman Estate?

POSTED ON: July 22, 2022 BY: Kyle Krull
Chadwick Boseman left a legacy of support. People are drawn to superhero stories. They like the idea of someone protecting and caring for others. Although the death of a hero onscreen is hard, the death of a respected person in real life is more devastating. Fans were shocked when the Black Panther actor died on […]
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Estate planning

What is Fundamental to Estate Planning?

POSTED ON: July 14, 2022 BY: Kyle Krull
It is important to follow the estate planning fundamentals. Many people believe wealth is the pivotal factor for estate planning. This is inaccurate. Age is actually the determinative factor when it comes to whether a person needs an estate plan. Generally, anyone age 18 or older would benefit from making preparations for incapacity or death. […]
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Estate plan procrastination

Why Do People Justify Having No Estate Plan?

POSTED ON: May 19, 2022 BY: Kyle Krull
Having no estate plan is risky for anyone. Stated goals do not always align with what people actually choose to do. Many people make resolutions to improve their health, but fail to follow through on an exercise plan or eating healthy. Health clubs full in January resemble a ghost town by March. Students often want […]
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Estate planning for singles

How Does Estate Planning Benefit Singles?

POSTED ON: April 29, 2022 BY: Kyle Krull
Singles benefit from estate planning. There has been a trend for several years to delay marriage. This means many people are often single throughout their twenties and into their early thirties. It may be tempting for these individuals to forgo estate planning because they have no obvious heirs. According to a recent Hood County News […]
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Estate planning mistakes

Are Most Mistakes in Estate Planning Avoidable?

POSTED ON: April 7, 2022 BY: Kyle Krull
Making mistakes in a last will and testament is costly. Everyone makes mistakes. It is part of being human. Learning lessons from experience allows people to avoid repeating these actions. Sometimes there is not an opportunity for a second chance. In these instances, it is wise to consider the experiences of others. According to a […]
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Estate planning conversations

What Estate Planning Conversations Should I Initiate?

POSTED ON: March 31, 2022 BY: Kyle Krull
Parents and adult children should have estate planning conversations. Communication is important in all areas of life. Both work and relationships suffer from a lack of good communication. Some dialogues are relatively simple to approach while others can trigger tension and anxiety. When the latter is true, people tend to avoid conversations. According to a […]
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