Kansas and Missouri Estate Planning Blog

Trust or will

Should I Choose a Will or a Trust?

POSTED ON: November 3, 2021 BY: Kyle Krull
Some individuals could get away with having either a trust or a will. Estate planning involves making decisions. You will need to choose who makes decisions if you become incapacitated. It also will be important to select heirs and perhaps protect their inheritance "for" or "from" them as needed. According to a recent MSN recent […]
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Aging Parent Finances

How Do I Talk with My Parents about Finances?

POSTED ON: November 2, 2021 BY: Kyle Krull
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 […]
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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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Estate planning

What are Basics of Effective Estate Planning?

POSTED ON: August 25, 2021 BY: Kyle Krull
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 […]
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Settle an estate

What Should I Do to Settle an Estate?

POSTED ON: August 10, 2021 BY: Kyle Krull
It is no small task to settle an estate plan? Your loved one recently died. You have not only lost your loved one. You are also at a loss for what to do next. All you feel capable of? Deeply missing your loved one. According to a recent Cleveland Jewish News article titled “Funeral arrangements, […]
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Estate planning for singles

When Should Singles Create an Estate Plan?

POSTED ON: June 18, 2021 BY: Kyle Krull
Singles are not exempt from having to create an estate plan. Many American adults are currently considered single. These individuals may have never been married. Others may have been married then widowed or divorced. According to a recent County 17 article titled “Even ‘Singles’ Need Estate Plans,” dying without an estate plan is not only […]
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Estate planning is necessary

Why is Estate Planning Necessary?

POSTED ON: June 9, 2021 BY: Kyle Krull
Estate planning is necessary for adult Americans. Adults have many responsibilities. They pay bills, go to work, and may even be caring for children or aging loved ones. In the midst of hectic schedules, it is all too easy to forget important tasks. According to a recent Big Easy Magazine article titled “Estate Planning Is […]
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Blended families

How Is Intestacy a Problem for Blended Families?

POSTED ON: June 4, 2021 BY: Kyle Krull
Blended families require special considerations, especially when it comes to estate planning. Blended families are common in America. Many adults get married and have children, then divorce and remarry. Some then lather, rinse, and repeat. Although common, remarriage creates more complex family systems. More complex family systems can be a nightmare without proper estates planning. […]
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Transfer on death deed

What is a Transfer on Death Deed?

POSTED ON: May 17, 2021 BY: Kyle Krull
Using a transfer on death deed is one tool for distributing property. Estate planning is multifaceted. It involves considering taxes, health care, finances, property, and business interests. The methods used in estate planning can either align with or interfere with your goals. According to a recent The Williamson Daily News article titled “Estate planning ensures […]
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