Kansas and Missouri Estate Planning Blog

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Inheritance

How Should I Manage My Inheritance?

POSTED ON: November 15, 2023 BY: Kyle Krull
An inheritance can be tricky to navigate, depending on the asset. Some people are chosen to receive an inheritance. Their loved ones created an estate plan and made a point to include them. Others inherit by default because a relative died intestate. According to a recent CNBC article titled “Receiving an inheritance? Here’s how experts say […]
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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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Updated

Why Should I Keep My Estate Plan Updated?

POSTED ON: February 23, 2022 BY: Kyle Krull
An updated estate plan ensures your assets are distributed to desired heirs and much more. The world we live in requires constant updates. Understatement, yes? Phones, computers, and apps make changes and improvements to their systems. Often failing to update operating systems means your device loses functionality and security. According to a recent CNBC article […]
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No beneficiary designation

What Happens If Accounts Have No Beneficiary?

POSTED ON: November 15, 2021 BY: Kyle Krull
Failing to designate a beneficiary on your accounts can cause problems for your estate. Assets come in all shapes and sizes. While some assets like a house take up significant physical space, others are held in accounts. Whether these accounts are bank accounts, retirement accounts, or investment accounts; it is likely each of these has […]
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