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Kyle Krull
Overland Park, KS
Estate Planning Attorney
Recent Activity
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The total population of Kansas is 2.904 million and 6.064 in Missouri. In contrast, the population of those age 65 and older in California is 5.1 million. When you put the numbers into perspective, that is a lot of senior citizens in the Golden State. Continue reading
Posted yesterday at Kansas & Missouri Estate Planning
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We all know someone who has gotten older ... and more vulnerable. They cannot, see, hear and process information like they did in their prime. Given enough birthdays, we all may experience what that is like. Continue reading
Posted 2 days ago at Kansas & Missouri Estate Planning
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Question: Have you received those emails supposedly from friends or family members stranded overseas who need funds wired ASAP? The first one I opened caught my attention, because I recognized the name of the person in distress. Continue reading
Posted 5 days ago at Kansas & Missouri Estate Planning
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An old estate planning tool is being rediscovered and deployed by estate planning and elder law attorneys. In fact, more folks seem to be using this tool to protect their family homes future creditors, maybe even Medicaid estate recovery, as well as for estate planning purposes. What is it? The "life estate". A recent Motley Fool article, titled “What a Life Estate Is And How It Could Save Your Home,” takes up the nuts-and-bolts of life estates. Here is how it works. A life estate deed gives an individual the right to a home or other real property throughout that... Continue reading
Posted 6 days ago at Kansas & Missouri Estate Planning
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"A man* who represents himself has a fool for a client." While the origin of this proverb is uncertain (it is often ascribed to Abraham Lincoln), it begs an important question: When do you need a professional to provide a service and when can you do-it-yourself? Continue reading
Posted 7 days ago at Kansas & Missouri Estate Planning
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Since I prepared my first client estate plan in 1985 (the year the Kansas City Royals won the World Series), I have noticed two common two stumbling blocks when it comes to folks planning their estates. Continue reading
Posted Jun 23, 2015 at Kansas & Missouri Estate Planning
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In case you have not noticed, the weather has now gone full "summer" in Kansas and in Missouri. Continue reading
Posted Jun 22, 2015 at Kansas & Missouri Estate Planning
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Commonly cited statistics tell us some 70% of adult Americans who should have a will do not. I get it. Continue reading
Posted Jun 19, 2015 at Kansas & Missouri Estate Planning
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Likely you have been reading a lot about the new federal estate tax exemption at $5.43 million per taxpayer, or $10.86 million per couple. Virtually all of the articles say there is no need to worry about "death taxes" with an exemption that high. Continue reading
Posted Jun 18, 2015 at Kansas & Missouri Estate Planning
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Fact of life #23: Women outlive men by about seven years on average. (I just made up the #23 part, but the rest is true.) If a husband dies without an estate plan, then he likely will leave a big old mess for his bride to clean up. Continue reading
Posted Jun 17, 2015 at Kansas & Missouri Estate Planning
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First, it was visitation rights for divorced parents to spend time with their children. Then, it was visitation rights for grandparents to see their grandchildren who were caught up in custody battles between parents. Now, it is visitation rights for adult children to see their parents? Continue reading
Posted Jun 16, 2015 at Kansas & Missouri Estate Planning
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For legal and financial professionals, dispensing advice to clients comes naturally. After all, that is what they are trained and paid to do. Taking their own advice ("eating their own cooking"), well, that can be more difficult. Continue reading
Posted Jun 15, 2015 at Kansas & Missouri Estate Planning
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Are you or someone you know taking care of an elder loved one? If no, can you foresee a day when you will? Either way you are likely in the "sandwich generation" with children out of the house and parents getting older. Continue reading
Posted Jun 12, 2015 at Kansas & Missouri Estate Planning
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College bars are social crossroads where one can acquire an invaluable education. As Mark Twain famously quipped, "I have never let my schooling interfere with my education." Continue reading
Posted Jun 11, 2015 at Kansas & Missouri Estate Planning
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It is a fact - women outlive men. According to www.forbes.com, they also tend to marry older spouses and are three times as likely to be widowed by age 65. Continue reading
Posted Jun 10, 2015 at Kansas & Missouri Estate Planning
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When you read that cryptic headline you may have thought "what is Kyle talking about now?" And, you would be right in thinking thusly ... as a first reaction. Continue reading
Posted Jun 9, 2015 at Kansas & Missouri Estate Planning
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I had an interesting kaffeeklatsch a few days ago with professional advisor in the community who helps business owners with "comprehensive business value enhancement and transition strategy solutions." Continue reading
Posted Jun 8, 2015 at Kansas & Missouri Estate Planning
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Did you follow all of the negative news about the Department of Veterans Affairs over the past few years? In particular, its seems access to services was pretty pitiful and the "numbers" had been falsified to hide the truth. Continue reading
Posted Jun 5, 2015 at Kansas & Missouri Estate Planning
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We know this instinctively, do we not? You are more likely to die by alligator attack in Florida than in Alaska, right? Well, it seems we now have scientific confirmation. Continue reading
Posted Jun 4, 2015 at Kansas & Missouri Estate Planning
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Life happens. Death happens, too. In light of this reality, do you need an estate plan? Continue reading
Posted Jun 3, 2015 at Kansas & Missouri Estate Planning
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Estate planning is so much more than having a will prepared and executed. In fact, when the ink is dry on your will ... the process is just beginning. Continue reading
Posted Jun 2, 2015 at Kansas & Missouri Estate Planning
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Are you a procrastinator? You know, is your modus operandi typically "do not do today what your can put off until tomorrow"? If yes, then that may work for some household chores ... but I encourage you to rethink this approach when it come to preparing for retirement. Continue reading
Posted Jun 1, 2015 at Kansas & Missouri Estate Planning
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Some advice just bears repeating, regardless of one's age and station in life. For example, "Do not run with sissors across a toy-strewn family room" makes good sense whether one is young or young at heart. Continue reading
Posted May 30, 2015 at Kansas & Missouri Estate Planning
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As someone who deals with issues of "morbidity" and "mortality" as my calling, I can confirm that things go exceedingly better for all concerned when thoughtful and appropriate planning is in place when relevant. Continue reading
Posted May 29, 2015 at Kansas & Missouri Estate Planning
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If your estate is presently below $5.43 million as a single person or is presently below $10.86 million as a married couple, then this blog post may not be of interest to you. Continue reading
Posted May 28, 2015 at Kansas & Missouri Estate Planning