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Kyle Krull
Overland Park, KS
Estate Planning Attorney
Recent Activity
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New circumstances give rise to new alternatives (and opportunities) for estate planners. This, in turn, is creating some new and difficult choices. Continue reading
Posted yesterday at Kansas & Missouri Estate Planning
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Objects of inheritance seem to be imbued with a special power. This is oftentimes the case, whether the family is aware of it yet or not. As one sitting down to put your intentions to paper, or even as the inheritor, it is a power worth pondering. Continue reading
Posted 2 days ago at Kansas & Missouri Estate Planning
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There are certain discussions that are just too important not to have. Unfortunately, these are also often the most difficult conversations to have. As many planning their estates know well, talking with your adult children about your end-of-life wishes may be the hardest conversation of all. Continue reading
Posted 3 days ago at Kansas & Missouri Estate Planning
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Each family and each estate is unique in its own way, to include the unique challenges they face. In the end, though, the singular goal of most parents is to keep both the family and the estate together. Continue reading
Posted 4 days ago at Kansas & Missouri Estate Planning
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Inheriting residential real estate can be an immense gift and boon to your future. Even if you will not reside there and it is just an asset to sell, what a windfall it can be! That said, inheriting residential real estate also brings with it certain important responsibilities, and that goes double and triple for executors or trustees. Continue reading
Posted 5 days ago at Kansas & Missouri Estate Planning
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Life insurance can be an incredible blessing for your family, as well as a source of much-needed liquidity for myriad other purposes. Then again, you might just end up not needing it all... or at all. What do you do with the policy? Continue reading
Posted Apr 11, 2014 at Kansas & Missouri Estate Planning
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In the face of big-time charities – the Gates Foundations, the Case Foundations, former presidents and the Rockefellers of today – small family charities and foundations have a little trouble making it into the spotlight. Continue reading
Posted Apr 10, 2014 at Kansas & Missouri Estate Planning
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Planning for your estate and the good of your family is often a game of give and take. In additions, it can be a question of how much and when. Namely, you want to give away your assets ... but not just yet. Continue reading
Posted Apr 9, 2014 at Kansas & Missouri Estate Planning
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Alzheimer’s is no ordinary condition. Understatement. What it means to the patient and to their mind is simply unique, just as it is uniquely meaningful to the family. Unfortunately, Alzheimer's is also a uniquely meaningful condition when it comes to estate planning and there are very important steps to take sooner rather than later. Continue reading
Posted Apr 8, 2014 at Kansas & Missouri Estate Planning
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To be on the outside of a language can be a tough thing. At least when it comes to French or Italian (or Hindu, Swahili or Balinese, if you happened to be that well-travelled), most us of who cannot speak a lick can get through with pointing and smiling. Continue reading
Posted Apr 7, 2014 at Kansas & Missouri Estate Planning
For older Americans, receiving needed medical care in old age will mean ensuring an easy transition into Medicaid. The problem they will face, however, is the strict financial rules governing eligibility to receive Medicaid benefits. Consequently, it is often all-too-easy to run afoul of them. Continue reading
Posted Apr 4, 2014 at Kansas & Missouri Estate Planning
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It can be hard to appreciate the kind of frustration a family can go through when the final affairs of a loved one are not in order ... and the time comes. On the other hand, if you have been there and done that, or have seen it second hand, then you know what I mean. Continue reading
Posted Apr 3, 2014 at Kansas & Missouri Estate Planning
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Receiving medical care in old age or securing it for a loved one is a difficult and often expensive choice to navigate. There are many options, paths and plans, to be sure. In the end, however, the choice can easily come down to finding that care at home or in a facility. Continue reading
Posted Apr 2, 2014 at Kansas & Missouri Estate Planning
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Doing business is an activity. If you own a business, or are set to inherit a business, it is vital to know that you can continue to do business. Either way, remember to determine whether the business “structure” itself is the most appropriate. Continue reading
Posted Apr 1, 2014 at Kansas & Missouri Estate Planning
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The Second Law of Thermodynamics is oftentimes referred to as the rule of entropy, roughly: things tend toward chaos. It turns out that the same principal holds true for businesses. Chaos in business is litigation. Continue reading
Posted Mar 31, 2014 at Kansas & Missouri Estate Planning
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Even if you do not live in Massachusetts, if you are caring for an elderly loved one and may or may not be an heir apparent, there is something to be learned from a recent case in the Bay State, Cheney v. Flood (84 Mass. App. Ct. 1134, Feb. 7, 2014). There is a difference between care given out of responsibility and that given out of expectation of payment. Similarly, there is a difference between payments for services and an inheritance. Continue reading
Posted Mar 28, 2014 at Kansas & Missouri Estate Planning
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Planning for the health and proper care of an aging parent is no easy undertaking. That is a given. As a parent moves toward healthcare and assisted living there are myriad questions and issues to deal consider. These questions and issues run the gamut from financial to medical and, yes, the emotional. Continue reading
Posted Mar 27, 2014 at Kansas & Missouri Estate Planning
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Alzheimer’s disease is a unique challenge to a family. As you plan for old age, and even while planning for your estate itself, it is essential to plan accordingly. Unfortunately, some recently released bad news regarding Alzheimer’s has brought the need for proper planning into even sharper focus. Continue reading
Posted Mar 26, 2014 at Kansas & Missouri Estate Planning
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Actually, today's post has nothing to do with "climate change" (or is it "global warming" now, I forget?). Nevertheless, there are few things more annoying to a savvy investor than an asset that just sits and sits and sits with no hope for growth. Continue reading
Posted Mar 25, 2014 at Kansas & Missouri Estate Planning
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Even when heirs inherit a home outright and with no strings attached there are many issues to consider. Family homes are unique assets. However, as assets go, family homes can be as difficult as they are meaningful. Continue reading
Posted Mar 24, 2014 at Kansas & Missouri Estate Planning
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Do you know what time it is on Capitol Hill? It is budget time. When it comes to estate taxes, did you know that President Obama wants to reduce the estate tax exemption back to $3.5 million? Continue reading
Posted Mar 21, 2014 at Kansas & Missouri Estate Planning
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A business is a tricky thing to plan. First, the busines is a thing in motion rather than an asset at rest. Second, businesses are just a hard asset to value appropriately. Does your retirement plan and maybe your estate plan for your heirs rely upon the business? Continue reading
Posted Mar 20, 2014 at Kansas & Missouri Estate Planning
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As any estate planner will tell you, giving assets away to your heirs is all about how and when. There are many times to give, and many ways to do it, and every method has its own advantages depending upon the concern. So it is with the age old question of whether it is better to give or bequeth. Continue reading
Posted Mar 19, 2014 at Kansas & Missouri Estate Planning
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As you plan for your retirement, for old age and even for your estate, there are so many questions to ask and so many answers to give. For example, when it comes to your estate, most children assume their parents will leave it all to them. But is that your only option? Continue reading
Posted Mar 18, 2014 at Kansas & Missouri Estate Planning
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When you draft a last will you are drafting an estate plan for your assets, your intentions, not to mention your hopes and dreams for your loved ones. You do not undertake the process of creating your last will lightly and you follow through because it is important. Continue reading
Posted Mar 17, 2014 at Kansas & Missouri Estate Planning