Making an estate plan is a good way for Kansas City residents to ensure their assets and medical care will be handled in the manner they prefer should they become incapacitated or pass away. However, it is important to blow the dust off that old estate plan from time to time, to make sure it… Read More »
Posts Categorized: Estate Planning
It’s never too late in life to consider estate planning
Kansas City residents may understand the importance of creating an estate plan, but may be unsure of where to start or what to do. That is when the advice of a dedicated attorney, such as those at Stockton & Kandt, LLC, can come into play, particularly if you are creating an estate plan for the… Read More »
An estate plan can come in handy both before and after death
Some people in Kansas City put off creating an estate plan, thinking that they can wait until they’re in their old age to do so. While it is important for a person to have an estate plan in place when he or she passes away, estate plans can also come in handy when a person… Read More »
What is the difference between an heir and a beneficiary?
Some people in Kansas City have written very detailed wills spelling out exactly what assets they want to hand down to their chosen heirs. These transactions are known as bequests. However, these same people may also have retirement accounts or other financial accounts, in which someone is listed as a beneficiary. For estate planning purposes,… Read More »
Estate planning for Kansas City business owners
Many entrepreneurs in Kansas City have spent their lives growing their business and reaping the fruits of their hard efforts and successes. Naturally, their day-to-day priorities involve the running of their business. However, there is one aspect of being an entrepreneur that should not go overlooked: estate planning. Through a well-rounded estate plan, a person… Read More »
Estate planning, a crucial aspect of protecting one’s finances
People in Kansas City are hard workers who try to be financially responsible. And, part of being financially responsible is creating an estate plan, to see one’s assets passed on. While one estate plan may not seem too different from another, in fact it is important that every estate plan be drafted with the unique… Read More »
How can one get their estate plan in shape for 2017?
Most people in Kansas City right now are wrapped up in the busyness that accompanies the holiday season. They are doing their last minute shopping for that perfect gift, travelling by road or plane to visit relatives, attending religious services and all-in-all they are celebrating what is a special time of year. During the holidays,… Read More »
Organization can be key to an effective estate plan
If one has an estate plan, organization can be key to ensuring that the plan is carried out in the manner intended. For example, a person in Kansas City might have a will or trust, a financial power of attorney that names another person tasked with handling the person’s financial affairs, if the person is… Read More »
How does one’s lifespan affect when heirs will inherit?
Thanks to medical advancements, people in Kansas City and nationwide are living longer than ever. In fact, it is possible for a person to live into their 80’s, 90’s or beyond. While this longevity is a good thing, particularly when a person is able to maintain a comfortable quality of life, it does raise some… Read More »
Do not let the lack of an estate plan haunt heirs
Some residents of Kansas City, for one reason or another, may have put off estate planning. Perhaps, they do not think they have much in the way of assets, or they simply do not want to contemplate their inevitable death. However, even those of modest means still have assets that need to be accounted for… Read More »