Kansas and Missouri Estate Planning Blog

Single seniors

How Vulnerable are Single Seniors?

POSTED ON: May 3, 2023 BY: Kyle Krull
It is easy for single seniors to feel completely alone. Although people benefit from some “alone time,” they also benefit from time with others. Social support enriches life and can provide greater security. The Bible even acknowledges the vulnerability of widows and orphans. According to a recent Forbes article titled “Essentials for the Solo Ager,” single seniors […]
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Divorcing

What Must I Do When Divorcing My Spouse?

POSTED ON: May 2, 2023 BY: Kyle Krull
Divorcing your spouse should trigger estate planning changes. People do not enter marriage intending to divorce. Instead, they plan as if they will live a lifetime together. These often include joining finances and retitling property. According to a recent Yahoo News article titled “I'm Divorcing. Will That Impact My Estate Planning?,” this means many steps need to […]
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Women

Why Do Women Need an Estate Plan?

POSTED ON: April 21, 2023 BY: Kyle Krull
Women often have different needs than men. At the most basic level, their very biology and physiology are different. Women and men are not the same. It is part of God's grand design for human beings. Women and men often have personal, cultural, and social differences. For example, women often feel they need greater vigilance […]
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Life planning

Is Estate Planning also Life Planning?

POSTED ON: March 28, 2023 BY: Kyle Krull
Estate planning is part of life planning. Most people think of death when they consider estate planning. Because people often avoid the unpleasant and uncomfortable, they ignore estate planning conversations. Although this is understandable, it is neither helpful nor accurate. According to a recent aol.com article titled “Estate Planning: 7 Things To Make Sure You Do,” estate planning […]
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Estate planning attorney

How Do I Vet an Estate Planning Attorney?

POSTED ON: March 23, 2023 BY: Kyle Krull
It is important to have a good estate planning attorney. Hiring an estate planning attorney is an important decision. People should not enter into this professional relationship lightly. Asking for recommendations from family, friends, or other professionals can be a good place to start. Whether you find options through recommendations or a web search, you […]
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Secrecy

Is Secrecy Wise in Estate Planning?

POSTED ON: March 21, 2023 BY: Kyle Krull
Secrecy is not the best policy when it comes to estate planning. Secrets are generally considered problematic for relationships. Exceptions include surprise parties and confidentiality within a therapeutic relationship or the attorney-client privilege. Typically, estate planning is not one of these exceptions. According to a recent Financial Advisor article titled “Family Wealth Transfers Undermined by Secrecy,” it […]
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Reviewing estate plan

Should I be Reviewing my Estate Plan?

POSTED ON: March 1, 2023 BY: Kyle Krull
Reviewing an estate plan should be done periodically. Few things in life are truly “fix it and forget it.” Cars and homes require maintenance. Gardens require weeding and watering. Lawns require mowing and fertilizing. Neglecting these ongoing tasks leads to problems. According to a recent Kiplinger article titled  “Need an Estate Planning Checkup? Now is […]
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Components

What are Key Estate Plan Components?

POSTED ON: February 27, 2023 BY: Kyle Krull
Comprehensive estate planning has several key components. People have long valued knowledge. It is natural to want to understand. In fact, I feel most vulnerable when I do not even know what I do not even know. And that encompasses too many areas to list! How about you? From the time children learn to speak, […]
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Myths

Have I Believed Estate Planning Myths?

POSTED ON: February 23, 2023 BY: Kyle Krull
Many people believe common myths about estate planning. All cultures around the world have myths. Some of these involve stories of heroes, villains, and supernatural creatures. Others involve pithy phrases or offer solutions to common ailments. Although some of these myths are fairly harmless, others can have dire consequences. According to a recent The Street […]
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Estate plan

Where Should I Keep my Estate Plan?

POSTED ON: February 15, 2023 BY: Kyle Krull
An estate plan is not complete until it is organized. If you have reached age 18, you should have an estate plan. Even without significant wealth or children, people have a lot to lose if something happens to them without a plan in place. Incapacity is one of the greatest dangers to young people. According […]
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