Kansas and Missouri Estate Planning Blog

Remarriage

Does Remarriage Require Estate Planning?

POSTED ON: March 9, 2023 BY: Kyle Krull
Remarriage for seniors is not uncommon. Although many people envision young couples when they think of weddings, people get married and remarried at any age. For some, divorce or death leads to being single again. For others, they have simply waited longer to find the love of their life. According to a recent MSN article […]
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Grief

Can I Make Grief Less Overwhelming?

POSTED ON: March 6, 2023 BY: Kyle Krull
Grief is intense after the loss of a loved one. Emotions are relatively challenging for many people. The complexity of grief can be particularly chaotic. Not only is a loved one no longer present, but the decedent is often someone who would have helped provide comfort and shoulder postmortem responsibilities. According to a recent Scubby […]
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Beneficiary

Do I Need a Life Insurance Beneficiary?

POSTED ON: January 3, 2023 BY: Kyle Krull
Failing to name a life insurance beneficiary can cause significant problems. The end of one year and the start of another year is often a time to reflect on the past and plan for the future. People often reminisce about happy memories and hard losses. These reflections can inform the goals people make for the […]
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Assets adult children want to inherit

What Do Adult Children Want to Inherit?

POSTED ON: November 23, 2022 BY: Kyle Krull
Your children may have expectations about what they want to inherit. Parents know each child is unique. Even if there are certain similarities in interests or physical appearance, siblings have different priorities, strengths, and personalities. As a parent, navigating the specific needs of each child can be challenging. According to a recent Entrepreneur article titled […]
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Unexpected death

How Can I Prepare for Unexpected Death?

POSTED ON: September 12, 2022 BY: Kyle Krull
The unexpected death of a spouse is devastating. Many factors in life cannot be controlled. Some of these can lead to untimely deaths. Even those who make healthy decisions can become victims of tragic accidents, sudden illnesses, or unfortunate genetics. According to a recent New Haven Register article titled “Are you prepared if your spouse […]
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New parents

Do New Parents Need Life Insurance?

POSTED ON: August 18, 2022 BY: Kyle Krull
New parents should prioritize getting life insurance. Parenthood changes life significantly. Rather than two adults being responsible for themselves and each other, they must now rear and protect a child. While motherhood and fatherhood expand joy and love, they also bring attending concerns and fears. According to a recent Bankrate article titled “Life insurance for […]
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Beneficiary designations

What Are Mistakes on Beneficiary Designations?

POSTED ON: August 9, 2022 BY: Kyle Krull
Beneficiary designations cannot be overlooked in estate planning. Movies and media often misrepresent estate planning. They tend to focus only on the last will and testament of an individual. In doing so, it appears this is the only means of distributing wealth. Nothing could be further from reality. According to a recent Kiplinger article titled […]
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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

What Documents Make Up an Estate Plan?

POSTED ON: June 30, 2022 BY: Kyle Krull
Every adult can benefit from an estate plan. People are adept at making excuses to avoid certain tasks. Sometimes these are inconsequential. Other times they can be detrimental. According to a recent Florida Today article titled “No matter your age, income or crushing debt, you should have an estate plan,” the reasons people give for […]
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Newlyweds

How Should Newlyweds Prepare for Marriage?

POSTED ON: June 7, 2022 BY: Kyle Krull
Newlyweds should do estate planning before and after they walk down the aisle. Weddings are a time of celebration. They mark the joining of two families through a covenant of love. These celebration often involve months of planning and preparations. According to a recent AZ Big Media article titled “5 estate planning tips for newlyweds,” […]
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