Rapper Coolio died without an estate plan. Many celebrities die without preparing for the transfer of their wealth. When this happens, it can leave their estates vulnerable to taxes and even greedy folks wanting to cash in on their wealth. One recent celebrity who died without an estate plan was Artis Leon Ivey, Jr. who […]
Storing estate planning documents requires thoughtful attention. You have created an estate plan. This is good. You have done more than many of your peers. Okay, feel free to pat yourself on the back. But wait, not so fast. According to a recent The News-Enterprise article titled “Give thought to storing your estate papers,” this […]
Incapacity planning requires valid power of attorney documents. Being picky is not always a bad thing. Purchasing expired groceries can lead to illness. Settling on a mate can lead to a lifetime of conflict and insecurity. According to a recent Medical Economics article titled “Avoid powers of attorney mistakes,” granting power of attorney authority to […]
A safe deposit box is not the best solution for all your valuables. Security and access are often at odds. Consider your electronic devices or accounts. If there were no passwords or security codes, you could more easily login from any device. While it would be convenient, it would also leave these accounts vulnerable. According […]
It is important to update an older estate plan. Things tend to get worse when no one tends to them. Gardens become overgrown with weeds. Buildings fall into disrepair. Muscles atrophy. After all, the Second Law of Thermodynamics seems to apply to all of life. According to a recent NASDAQ.com article titled “Is Your Estate […]
Keeping the family farm requires estate planning. Farmers are known for their hard work, patience, and perseverance. Similar to estate planning, crops only thrive when their specific needs are taken into account. Despite this parallel, about 60 percent of farmers do not have a last will and testament. According to a recent Farm Journal’s Pork […]
Adding people to a bank account gives them access to the funds. There are times when someone may need to access your bank account to manage your finances. If you are incapacitated, you are unable to accomplish certain tasks on your own. It may be tempting to simply add someone as an owner of the […]
An estate plan is essential to protect your loved ones and their futures. Estates planning can become quite complex for those with complex assets wealth or family tensions. Those who require a only a "simple" plan, may be surprised at the number of documents required to meet their needs. It is safe to say estate […]
Retirees should prioritize getting necessary documents for estate planning. If you are an adult, you should have an estate plan. You never know when you will die, or become incapacitated. Although you occasionally hear about people retiring in their 30s, most people retire after decades in the workforce. These older retirees should take steps now […]
You should prepare for possible incapacity. No one can predict exactly what will happen to them in life. Everyone is born. Everyone dies. What happens in between could include great happiness and also terrible tragedy, and usually a bit of both. According to a recent The Press-Enterprise article titled “Planning ahead for incapacity helps you and […]
Commercial solicitations are permitted by the Missouri Rules of Professional Conduct but are neither submitted to nor approved by the Missouri Bar or the Supreme Court of Missouri.
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.
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.
