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Kyle Krull
Overland Park, KS
Estate Planning Attorney
Recent Activity
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Are you a caregiver for your aging parents? What you are doing out of love and a sense of moral responsibility comes at a price, yes? The price is paid in emotional, physical and financial capital. Continue reading
Posted 2 days ago at Kansas & Missouri Estate Planning
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Did you make any New Year's Resolutions for 2015? Were any of your resolutions related to your finances? If yes, then you are in good company. Some 54% of your fellow Americans did, too. Continue reading
Posted 3 days ago at Kansas & Missouri Estate Planning
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Taxes related to your estate are some of the most complex in the entire tax code. Why are they so complex? According to "Sutton's Law," named after famous bank robber Willie Sutton, "That's where the money is." Continue reading
Posted 4 days ago at Kansas & Missouri Estate Planning
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It is more often than not ... inevitable. Your parents (or surviving parent) is still living in a home that has outgrown them. What may be perfect for a growing family with children in the home, may be more than a chore to maintain for your senior parents. Continue reading
Posted 5 days ago at Kansas & Missouri Estate Planning
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Even though the estate tax has been defanged, much like the old Abominable Snowman of "Rudolph the Red-Nosed Reindeer" fame, there is still much "planning" to be done. Continue reading
Posted 6 days ago at Kansas & Missouri Estate Planning
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A recent Forbes article recounts a tale of terror that should strike fear into the hearts of any family business owner. A review of the estate planning documents revealed that the fourth generation of the family actually owned the business ... not the third generation. Consequently, the teenagers could actually give pink slips to their parents and uncles. Continue reading
Posted Jan 16, 2015 at Kansas & Missouri Estate Planning
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If you had a medical emergency and could not communicate, would you loved ones be able to locate your critical documents at that critical time? Continue reading
Posted Jan 15, 2015 at Kansas & Missouri Estate Planning
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If you have children or grandchildren who will college-bound one day, then today is the day to learn about the magic of Section 529. It is more than a number. Created in 1996, the amount of money invested in Section 529 Plans have gone from $5.75 billion (with a "b") to $244 billion in 2014. Continue reading
Posted Jan 14, 2015 at Kansas & Missouri Estate Planning
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Will you be forming a blended family in 2015? If yes, then you are in good company. According to the Pew Research Center, four out of every ten American adults have at least one step-relative in their family. The study also found that adults “feel a stronger sense of obligation to their biological family members than they do to their step kin.” Continue reading
Posted Jan 13, 2015 at Kansas & Missouri Estate Planning
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Well, we are into the second week of 2015. How are those New Year's Resolutions coming? Not so hot? You are not alone. If there is comfort in numbers, then there is comfort in procrastination, too. Continue reading
Posted Jan 12, 2015 at Kansas & Missouri Estate Planning
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This week I have been gleaning some helpful pointers to pass along from Oprah Magazine. This last installment is the third of three. The previous two dealt with having the "chat" with your parents about their finances, estate planning and advisors, as well as applying for Medicaid on their behalf. Today, we look at ways to uncover some "found money" for them, so to speak. Continue reading
Posted Jan 9, 2015 at Kansas & Missouri Estate Planning
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Do you anticipate your parents needing Medicaid at some point to help with their nursing home care? If yes, be prepared for a maze of paperwork. After all, Medicaid is a means-tested-State-Federal program that is bleeding red ink. Continue reading
Posted Jan 8, 2015 at Kansas & Missouri Estate Planning
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We are well into 2015, as it already is January 7. Did you have that chat with your folks over the holidays? You know, the chat where you gently find out whether their estate plan is ship-shape. Continue reading
Posted Jan 7, 2015 at Kansas & Missouri Estate Planning
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I do not know about your health insurance renewal for 2015, but my coverage went up in way up price and out of pocket costs. On the bright side, Gretchen and I can breathe easier now that I have maternity coverage should I become pregnant. Continue reading
Posted Jan 6, 2015 at Kansas & Missouri Estate Planning
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Reality truly kicked in today. Do you feel the same way? Yep, Christmas and New Year's are over. Continue reading
Posted Jan 5, 2015 at Kansas & Missouri Estate Planning
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Whether it is a humble cabin or a modern day Taj Mahal, a family vacation getaway is more than shelter. It is a place of memories. How do you keep that special place - and the memories it holds - in the family through the generations? Continue reading
Posted Jan 3, 2015 at Kansas & Missouri Estate Planning
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Last year (2014), there were a lot of celebrity deaths. If you have followed this blog, then you know many of those celebrities had estate plans that, well, crashed and burned. Continue reading
Posted Jan 2, 2015 at Kansas & Missouri Estate Planning
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Each New Year's Day is full of promise. How will you handle your stewardship over the time you have left, however long that may be? Continue reading
Posted Jan 1, 2015 at Kansas & Missouri Estate Planning
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Well, it is here. Another year is nearly in the books - 2014. Wow, that was a fast year, yes? So, what are your New Year's Resolutions? Continue reading
Posted Dec 31, 2014 at Kansas & Missouri Estate Planning
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My friends know that I am a master of the obvious. Looking back over 2014 on the very brink of 2015, for example, I think I will boldly declare that the Kansas City Royals had an exceptional season. As far a filmmaking, I think Angelina Jolie has produced a winner with "Unbroken," which is likely to break records at the box office. Continue reading
Posted Dec 30, 2014 at Kansas & Missouri Estate Planning
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So, you are recently retired. Lots of free time and lots of disposable income, right? If you are like many recently retireds, then you are wondering who wound your daily clock a little tighter and where did all of that extra cash flow go. Continue reading
Posted Dec 29, 2014 at Kansas & Missouri Estate Planning
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It is common sense. One of the best things you can do in 2015 to set yourself up for financial success in the future is to be strategic with your savings. Continue reading
Posted Dec 27, 2014 at Kansas & Missouri Estate Planning
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When we hear the word "gifting," you think of common everyday gifts for birthdays, Christmas and the like, yes? Things can get a bit more complicated if you are looking gift something more than a sweater. Continue reading
Posted Dec 26, 2014 at Kansas & Missouri Estate Planning
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Wishing you and yours a blessed and merry Christmas! Continue reading
Posted Dec 25, 2014 at Kansas & Missouri Estate Planning
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People fight over the darndest things. In fact, the object which triggered the quarrel may have no intrinsic value at all ... other than the good tinder for a tussle. Continue reading
Posted Dec 24, 2014 at Kansas & Missouri Estate Planning