Kansas and Missouri Estate Planning Blog

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LLC

How Can an LLC Protect Business Owners?

POSTED ON: February 22, 2024 BY: Kyle Krull
Establishing an LLC can provide a greater distinction between business and personal assets. If you are self-employed, you likely feel the weight of providing for yourself and your family while caring for your customers or clients. Risks are taken in both starting and running a business. These risks can take a financial toll through lawsuits […]
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Vacation home

How Should a Vacation Home be Distributed?

POSTED ON: April 19, 2022 BY: Kyle Krull
Passing a vacation home to the next generation is rarely straightforward. A vacation home fills a variety of roles. For a lot of my clients, they are places to gather with family and friends to make memories. For others clients, they provide a retreat from the demands of daily life. And for yet others, a […]
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Vacation home

How Should I Transfer My Vacation Home?

POSTED ON: March 2, 2022 BY: Kyle Krull
A vacation home can be challenging to bequeath. Families often make and retain fond memories from vacations. For those who own a vacation home, these memories are often overwhelming tied to a specific location. After all: location, location, location. While vacation homes bring joy in life, they can bring complications when the owner dies. According […]
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Dynasty trust

When Would a Dynasty Trust Prove Helpful?

POSTED ON: October 27, 2021 BY: Kyle Krull
A dynasty trust allows for generational wealth transfer. There are a variety of ways one can pass assets to their heirs. These include last wills and testaments, beneficiary designations, and trusts. Within the trust category alone, there are several subtypes. According to a recent Kiplinger article titled “A Smart Option for Transferring Wealth Through Generations: […]
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