Kansas and Missouri Estate Planning Blog

Home » Overland Park Irrevocable Trust
Living trust

What are Pros and Cons of a Living Trust?

POSTED ON: December 28, 2023 BY: Kyle Krull
A living trust can provide greater control over asset distribution. People like to be in control. It provides comfort in predicting outcomes. It also minimizes the negative impact other people can have on us. The problem? Complete control is an illusion. Humans are affected by weather, natural disasters, car accidents, governments, and even other individuals. […]
Read More
Primary

What Primary Documents Govern Estate Plans?

POSTED ON: November 1, 2023 BY: Kyle Krull
Estate planning includes a primary document. Comprehensive estate planning typically does not involve one document. Instead, several components work together to provide instructions for your affairs after incapacity or death. Like any good team, estate plans have a document that directs how the plan should work together. According to a recent The News-Enterprise article titled “Make […]
Read More
Revocable trust

Do I Need a Revocable Trust?

POSTED ON: October 25, 2023 BY: Kyle Krull
A revocable trust may not be necessary. People who love fluffy bread but do not understand the chemistry of baking may believe more yeast yields larger loaves. A baker knows the best results require a delicate balance of the key ingredients and the proper kneading and proofing of the dough rather than simply adding more […]
Read More
LLCs

Are LLCs Better than Trusts?

POSTED ON: May 9, 2023 BY: Kyle Krull
Limited Liability Companies (LLCs) and trusts are both helpful for asset protection. Asset protection can be a priority for many in their life and estate planning. This is especially important for those with much to lose as business owners. Two common tools for asset protection include trusts and Limited Liability Companies (LLCs). According to a […]
Read More
Apartment co-op

How Complicated is Inheriting a Co-op?

POSTED ON: January 24, 2023 BY: Kyle Krull
Leaving a co-op apartment as an inheritance may prove difficult. In Kansas City, there are some rather tony co-ops in an area generally known as the Country Club Plaza. These various co-ops are home to professional athletes, local celebrities, and many retirees. By the way, their view of the Country Club Plaza Lights is something […]
Read More
Spouses

Should Spouses Use Separate Attorneys?

POSTED ON: December 30, 2022 BY: Kyle Krull
Spouses may benefit from different estate planning attorneys. Married couples tend to share a lot of things. They often share a home, responsibilities, and finances. However, there may be some things partners may choose to keep separate. These can include inheritances for children from previous marriages and personal debts brought into the marriage. According to […]
Read More
Irrevocable trust

Does an Irrevocable Trust Avoid all Taxes?

POSTED ON: August 1, 2022 BY: Kyle Krull
An irrevocable trust may not be able to escape the capital gains tax. Minimizing taxes is a common estate planning goal. Most people would prefer their assets benefit loved ones or a special charity than the government. Those who work with an experienced estate planning attorney have better chances than others to accomplish this goal. […]
Read More
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 […]
Read More
Distributing a house through a trust

What Trust Should I Use to Pass my Home to Heirs?

POSTED ON: March 24, 2022 BY: Kyle Krull
Placing a home in a trust can be helpful or harmful. Protecting wealth and distributing assets can feel overwhelming. People worry about protecting their assets from bad life choices made by their heirs. They also worry about tax implications and whether their heirs will be able to pay these after they have died. According to […]
Read More
Trusts

Who Can Use Trusts in Estate Planning?

POSTED ON: March 4, 2022 BY: Kyle Krull
Trusts have several estate planning benefits. Many misunderstandings exist around estate planning. One of the most common misconceptions involves trusts. People tend to think this estate planning tool is only for those who are ultra-wealthy. According to a recent US News article titled “Trusts Explained,” a trust can address a number of estate planning goals […]
Read More
1 2 3

Search

Get All The Marketing Updates

Blog Silos

Recent Posts

Subscribe to our e-Newsletter and Weekly Blog Digest

Ready to schedule your consultation?

Get Started Now With Harvest Law KC

Get Started Now

REMEMBER: “The choice of a lawyer is an important decision and should not be based solely upon advertisements.”
This statement is required by rule of the Supreme Court of Missouri.

Harvest Law KC

5209 W 164th St
Overland Park, KS 66085

Get Directions
IMS - Estate Planning and Elder Law Practice Growth Advisors
Powered by
chevron-down