Digital assets can be just as important as tangible assets. For most of human history, people valued what was tangible. Wealth and value was determined by things like the number cattle or the acres of land owned. Only recently have digital assets even existed. According to a recent yahoo! article titled “How to Start Digital […]
Cryptocurrency should be included in estate planning. I know I have posted more than a few blog post on this subject of late. However, cryptocurrency has been in the news quite a bit lately. Generally speaking, the meaning of "currency" has changed throughout the years. Early in human history, people bartered goods and services for […]
Identifying elder financial abuse early can minimize the damage. The majority of people do not want to see any harm come to their loved ones. This is why parents monitor the phones and computers of their children and take them to the doctor when they show signs of illness. As parents age, the adult children […]
Digital assets are relatively easy to accumulate and overlook. With the rise of technology, people do not have to plan in advance like they once did! Forgot to defrost chicken for dinner? No problem. You can order a meal on your phone and pick it up in minutes (or have it delivered to your door)! […]
Password protection can cause complications for heirs and executors. I am constantly amazed by the changes in technology. I grew up when phones used to be wired to a wall (no, i am not kidding) and now they are essentially personal computers you can take anywhere. Also, people can now pay others by transferring money […]
Digital estate planning is essential for certain assets. The world has changed rapidly in the past several decades. With the invention of the internet and personal computers, the digital world has exploded. People can send mail, messages, and money digitally. Pictures can be stored, videos streamed, and personal profiles and channels curated. According to a […]
It is important for someone to know your financial information. The right to privacy is a value with many benefits. Even so, there are times where failing to share information can prove problematic. One such area involves health concerns. If the physician providing you with medical care does not know your medications or your health […]
Cryptocurrency functions differently from traditional money. Much has changed over just the past several decades. Computers can now be taken from one location to another. Phones now do more than simply make phone calls. Asset holdings have even changed as people hold cryptocurrency. According to a recent The Indiana Gazette article titled “Millennial Money: What […]
Digital assets should not be ignored in estate planning. The digital world has grown exponentially over the years. Gone are the days of dial-up and floppy disk storage. With smartphones, people carry a personal computer in their pockets everywhere they go. According to a recent Baltimore Business Journal article titled “Estate planning for your digital […]
Your digital estate plan should satisfy your needs. We live in a largely digital world. Agreed? Few people can avoid electronics completely. Some people have fully and happily embraced the digital world. Others simply adopt only what is necessary for daily life. According to a recent Next Avenue article titled “Why You Need a Digital […]
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Overland Park Estate Planning Attorney Kyle Krull assists clients in Kansas and Missouri with Estate Planning, Wills, Trusts, Revocable Living Trusts, Charitable Planning, Asset Protection and Business Succession Planning in the greater Kansas City area including Overland Park, Leawood, Olathe, Lenexa, Johnson County Kansas and Jackson County Missouri.
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