Kansas and Missouri Estate Planning Blog

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Testamentary Trust

When is a Testamentary Trust Created?

POSTED ON: March 10, 2022 BY: Kyle Krull
A testamentary trust can be created after you die. Some people really like the idea of using a trust in their estate planning. The control over the eventual inheritance distribution is appealing. These individuals are often torn between the appeal of a trust and the work it takes to maintain a trust. According to a […]
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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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What is a Spendthrift Trust?

POSTED ON: June 10, 2020 BY: Kyle Krull
Spendthrift trusts can protect your children from themselves. You are setting up your estate plan. As you consider your goals, you want to be wise when leaving an inheritance for your children. You also acknowledge your children may make poor decisions with a windfall of cash. What can you do? According to are recent NWI.com […]
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