Kansas and Missouri Estate Planning Blog

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Minor children

How Should Minor Children Inherit?

POSTED ON: October 26, 2022 BY: Kyle Krull
Minor children are a vulnerable population. Children need trustworthy and caring adults in their lives. Even adolescents who just want to be independent rely on others for food, safety, shelter, love, and guidance. Often these "others" are the parents of the children, but not always. According to a recent The News-Enterprise article titled “Children need […]
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Successor trustee

Who are My Options for a Successor Trustee?

POSTED ON: December 24, 2021 BY: Kyle Krull
A successor trustee is responsible for the management of a trust. Although many individuals designate themselves as the trustee when they create a revocable living trust (RLT), they may not be able to serve forever. While a RLT allows you to manage your own assets while alive, a RLT also provides directions for assets after […]
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Buy-sell agreement

What Should be Included in a Buy-Sell Agreement?

POSTED ON: October 8, 2021 BY: Kyle Krull
A buy-sell agreement can protect a small business. Business owners have a lot to think about. Their daily concerns include customers, employees, and finances. In fact, they are the last one's to get paid each month (if then). With the constant demands on their attention, business owners can forget to consider what will happen when […]
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trusts and goals

Do Certain Trusts Align with Specific Goals?

POSTED ON: September 4, 2020 BY: Kyle Krull
Trusts can be created to serve specific purposes. When it comes to estate planning, people usually have either a will-based plan or a trust-based plan. Those with a will-based plan intend to distribute assets through the probate court. Those with a trust-based plan intend to skirt probate and distribute assets through the instructions provided in […]
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