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Kyle Krull
Overland Park, KS
Estate Planning Attorney
Recent Activity
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Recent estimates predict that Americans age 65 and older will make up nearly 20 percent of the population by 2030. With nearly one in five Americans eventually needing help with their daily activities, let alone developing health issues like dementia and Alzheimer's, the potential for intrafamily conflicts is a reality. Continue reading
Posted yesterday at Kansas & Missouri Estate Planning
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Assuming you and your financial advisor have determined that you will not outlive your assets, have you considered investing in the higher education of your grandchildren? If yes, what do you know about 529 Plans? Continue reading
Posted 4 days ago at Kansas & Missouri Estate Planning
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The current number of states with death taxes (independent of the federal death tax) is 19 states. Okay, add D.C. to make it 20 "jurisdictions" at present. However, there are several states making changes for 2015. And, this is good news for citizens of those states. Continue reading
Posted 5 days ago at Kansas & Missouri Estate Planning
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You would think celebrities, with all of their fame and fortune, have it all together when it comes to estate planning. Unfortunately, they seem to make of the same mistakes estate planning attorneys see everyday John and Jane Doe making. Continue reading
Posted 6 days ago at Kansas & Missouri Estate Planning
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Vivaldi is one of my favorites. When I could not locate my CD of Vivaldi's "Four Seasons" featuring Itzhak Perlman, I nearly tore up the house looking for it last month. I never found that CD (or my CD of Glenn Miller's "In a Digital Mood"), but in the internet age I was able to acquire the same from iTunes. Whew. Continue reading
Posted 7 days ago at Kansas & Missouri Estate Planning
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Americans are by nature, get it done people. In fact, we can figure out and do almost anything. [Perhaps major surgery excepted.] But what about estate planning? Should you give that a go on your own? Continue reading
Posted Sep 22, 2014 at Kansas & Missouri Estate Planning
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Some stories just seem to keep resurfacing in the news, even though they are long-forgotten by most. Such is the case of the Anna Nicole Smith estate and its lawsuit against the heirs of her billionaire husband J. Howard Marshall. The stories just seem to have a life of their own. Continue reading
Posted Sep 19, 2014 at Kansas & Missouri Estate Planning
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What sounds too good to be true, just might be. So it is (or has been) when it comes to getting the equity out of your home while you continue to live there. Enter an unpleasant and unintended consequence of reverse mortgages. Continue reading
Posted Sep 18, 2014 at Kansas & Missouri Estate Planning
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Likely you are aware that comedy legend Joan Rivers died recently, as well as her wealth and fame. Living large, she also wanted to die "large" when it came to her funeral. However, the teaching point of this blog is not about comedians, wealth and fame, or even large funerals. Continue reading
Posted Sep 17, 2014 at Kansas & Missouri Estate Planning
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Run an online search for books about "retirement planning" and you will be swamped with options. In fact, I just Googled "retirement planning books" and 2,560,00 results were found. So, how do you choose between those options (with only one lifetime to live)? Continue reading
Posted Sep 16, 2014 at Kansas & Missouri Estate Planning
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If you are a veteran (or know a veteran), then you know what "out-processing" means. It means you are transitioning from the current duty station to the next. On thing for sure, every veteran knows that all of your "papers" must be in order to move on. Continue reading
Posted Sep 15, 2014 at Kansas & Missouri Estate Planning
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If you owned or listened to an 8-track player, then you are old enough to plan your estate. Question: Have you made arrangements for your estate if you die early in retirement or if you linger ... and linger ... and linger, running out of assets and dependent on family for your support. Continue reading
Posted Sep 12, 2014 at Kansas & Missouri Estate Planning
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As unbelievable as it may sound, estate planning scams are becoming more and more common. Everyday folks are falling victim to unscrupulous and unqualified salesmen of dubious estate planning documents. Continue reading
Posted Sep 11, 2014 at Kansas & Missouri Estate Planning
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Do you have any digital assets related to your relationships (think Twitter or Facebook) and responsibilities (think online banking)? If yes, then what happens to those assets when you die? Continue reading
Posted Sep 10, 2014 at Kansas & Missouri Estate Planning
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I get together every few months with a handful of my fraternity pledge brothers. We call it our "board meeting" and our wives all encourage us to convene. After roll is called at a local watering hole, we catch up on one another's families and careers, well, we get down to some real life matters. It seems we are all one doctor's visit away from tough news. Continue reading
Posted Sep 9, 2014 at Kansas & Missouri Estate Planning
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They certainly were an A-list Hollywood couple. Humphrey Bogart and Lauren Bacall were separated by 25 years of age, but had two young children together before he died of cancer in 1957. Bacall, however, died only recently, surviving her husband by more than a half-century. Continue reading
Posted Sep 8, 2014 at Kansas & Missouri Estate Planning
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Elder abuse impacts about five million Americans each year. This crime, which can include physical, sexual, and psychological abuse, neglect, abandonment, and financial exploitation, will result in thousands of cases of illness, injury and suffering for these elderly victims, their loved ones and their caregivers. Continue reading
Posted Sep 5, 2014 at Kansas & Missouri Estate Planning
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Many seniors and their loved ones are confused over two very similar sounding goverment programs - Medicare and Medicaid. While the confusion is understandable, it is essential that you understand the basic differences between the two. Continue reading
Posted Sep 4, 2014 at Kansas & Missouri Estate Planning
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Retirement funds are wonderful things. They are fed pre-tax, then grow tax-deferred exponentially via that miracle of tax-deferred compounding. Can there be any downsides to this equation? Continue reading
Posted Sep 3, 2014 at Kansas & Missouri Estate Planning
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If you are like me, then you have seen a lot of articles of late in the financial press regarding estate planning. Perhaps you do not feel like you have an "estate" to pass on. Continue reading
Posted Sep 2, 2014 at Kansas & Missouri Estate Planning
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The death of a close family member is a difficult experience on many levels. Aside from the grieving itself, it seems there is no "pause button" to process the process. No, many decisions and action steps cannot wait. Continue reading
Posted Sep 1, 2014 at Kansas & Missouri Estate Planning
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When you are Jonathan Paul Manziel, the new rookie quarterback for the Cleveland Browns and received north of $8 million on your first NFL contract ... you might attract some attention. No, lots of it. This is especially true when your create a good bit of the attention yourself. Continue reading
Posted Aug 29, 2014 at Kansas & Missouri Estate Planning
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Have you been appointed to serve as a trustee by a family member or friend? Regardless whether you are currently serving or are waiting in the wings, be forewarned about the personal liability that attends investing trust assets. Continue reading
Posted Aug 28, 2014 at Kansas & Missouri Estate Planning
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Life is full of options when it comes to how we prioritize our time. Some things are mandatory and others are optional. However, when it comes to preparing your estate plan or backing up your hard drive ... Continue reading
Posted Aug 27, 2014 at Kansas & Missouri Estate Planning
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Are you a new parent ... or do you know someone who is? Along with middle-of-the-night feedings and diaper changes, new parents need to review their life insurance gameplan sooner rather than later. Continue reading
Posted Aug 26, 2014 at Kansas & Missouri Estate Planning