Zsa Zsa Gabor completed successful funeral arrangements. Although many celebrities are from the United States, many are from different countries. Some choose to be buried in America. Others choose to be laid to rest in their home nations. According to a recent Wealth Advisor article titled “Zsa Zsa's Last Wishes Achieved With Budapest Burial,” surviving […]
Creating an effective estate plan requires intentionality. Many people do not prioritize estate planning. If you are taking steps to create a plan, you may think whatever you do will be sufficient. Nope. This mindset could set you and your loved ones up for trouble in the future. The good news? You will be dead […]
Changing circumstances may affect the usefulness of an ILIT. Do you remember when the federal estate tax limit was $600,000? I do. At this time, you may have set up a revocable living trust (RLT) and an irrevocable life insurance trust (ILIT) to provide for your family if you died. Because many years have passed […]
Charley Pride left a complicated family situation. Music speaks not only to our ears but our hearts. People connect to tunes of love, anger, joy, and heartbreak. Although inner turmoil and external conflict are interesting in songs, these are not ideal in personal relationships. According to a recent 5 NBC DFW article titled “Charley Pride's […]
A letter of last instruction can provide clarity to loved ones. Creating an estate plan is the most important step you can take to protect your loved ones when you die. If you have done this, your estate will be settled and assets distributed through legally recognized means. Although you have your estate plan in […]
What is "pandemic estate planning"? It is our phone ringing and online requests for consultations about creating or updating estate plans or just clients want to engage in pandemic estate planning generally. The current pandemic has led many of us focus on weighty existential matters of life, disability, and death. Indeed, after reviewing our assets […]
As Benjamin Franklin famously quipped, the only two certainties in life are death and taxes. In recent years, the federal estate tax exemption has been adjusted annually for inflation. It was not always so. According to a recents Yahoo Sports article titled “Estate Tax Exemption Amount Goes Up for 2021,” when you die your estate […]
Knowing estate planning terms is a helpful start to preparing for your future. You are many things. You are talented. You are kind. You are a hard worker. Even so, you are not an estate planning attorney. Although you have heard you need an estate plan, you are not exactly sure what this means. According […]
Taxing life insurance benefits is dependent on several factors. You have people who depend on your income. Perhaps this is your spouse only. Maybe you also have children. Life insurance can be useful in providing financial protection for your loved ones if you were to die. According to a recent MoneyWise article titled “Are Life […]
It is wise to discuss estate planning with your parents. Your parents are getting older. Perhaps their health is declining. Maybe they are simply nearing retirement. As they age, they may require more of your support. According to a recent Yahoo Finance article titled “How To Talk to Your Parents About Their Estate Plan (Without […]
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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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