Kansas and Missouri Estate Planning Blog

Joint accounts

Can Beneficiary Designations Solve Probate Problems?

POSTED ON: December 31, 2020 BY: Kyle Krull
Joint accounts and beneficiary designations can be useful in estate planning. When you think of estate planning what comes to mind? You likely think of how it is portrayed in books or films. A character receives news of the death of a relative and how this character was named in the last will and testament […]
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power of attorney

What Power of Attorney do I Need?

POSTED ON: November 6, 2020 BY: Kyle Krull
Choosing the wrong power of attorney could get you into trouble. Incapacity planning is important for any adult. If something happens to you and you cannot manage your financial and health care decisions on your own, you will need someone to do so on your behalf. This involves creating and signing a power of attorney. […]
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estate plan audit

What Does an Estate Plan Audit Involve?

POSTED ON: October 20, 2020 BY: Kyle Krull
You should conduct a regular estate plan audit. Estate planning is important for any adult. It allows you to pass your assets wherever you chose at death. I will be the first to admit that it is not a fun subject matter? Nevertheless, this topic must be tackled or you will leave only a big […]
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uneven distribution of assets

Will Uneven Distribution of Assets Cause Problems?

POSTED ON: October 8, 2020 BY: Kyle Krull
Uneven distribution of assets is common in estate planning. Choosing how to distribute assets to heirs can cause anxiety. Parents often struggle with the difference between an "equal" and a "fair" inheritance. Should everyone receive the same amount? According to a recent The News-Enterprise “Distribution of estate can become a tricky matter,” parents fear choosing […]
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life stages and estate planning

Is Estate Planning Impacted by My Life Stage?

POSTED ON: September 24, 2020 BY: Kyle Krull
Each life stage has unique estate planning needs. Are you young and single? Perhaps you were at one point but are now married with young children. In each stage of life, you are still you. Although this is true, your goals and your circumstances change drastically. According to a recent The News-Enterprise article titled “Life […]
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planning for retirement

What Do I Need to Consider Before Retirement?

POSTED ON: September 23, 2020 BY: Kyle Krull
Retirement brings change and involves planning. You are getting older. As a result, retirement is getting closer. Although you could choose to ignore this fact, doing so may cost you in the long run. According to a recent Forbes article titled “5 Crucial Planning Steps To Take Before You Retire,” planning for retirement can remove […]
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Do I Need an Estate Plan Checkup?

POSTED ON: August 24, 2020 BY: Kyle Krull
You should prioritize an estate plan checkup. Many people understand the importance of scheduling regular medical checkups. They know time impacts their general health and wellness in minor and major ways. Finding health problems sooner rather than later almost always leads to better outcomes. According to a recent Pittsburgh Post-Gazette article titled “Time for a non-medical […]
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Is My Estate Plan Missing Key Parts?

POSTED ON: August 20, 2020 BY: Kyle Krull
You could missing key parts of your estate planning. You have met with an experienced estate planning attorney. Your last will, advance directives, and powers of attorney have been signed. Everything is set. Right? Maybe. According to a recent Think Advisor article titled “7 Things Your Client’s Estate Plan Might Be Missing: Morningstar,” you actually may be […]
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How is an Estate Planning Attorney Helpful?

POSTED ON: July 17, 2020 BY: Kyle Krull
An experienced estate planning attorney is the key to a successful plan. Estate planning can be challenging. It is not easy to think about your own death, let alone disability. It is even more difficult to discuss it. Most people have a desire to protect and provide for their loved ones. They simply do not […]
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What Planning Should I Do to Protect My Pets?

POSTED ON: July 7, 2020 BY: Kyle Krull
You should plan for your pets during the current pandemic. Your pets are part for your family. They are with you in the best of times. They also support you in challenging times like the current pandemic. Perhaps you have welcomed a new pet during your time in quarantine. According to a recent The Harvard […]
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