by EstateLaw1 | May 7, 2025 | Uncategorized
Life events such as marriage or divorce can significantly impact estate planning. In Kansas, failing to update a will after these changes may lead to unintended consequences, including outdated beneficiary designations and legal complications. How Marriage Affects a...
by EstateLaw1 | May 7, 2025 | Uncategorized
Estate planning is essential for individuals who own intellectual property, including royalties and licensing rights. Without a structured plan, these assets can become entangled in legal disputes or mismanaged after the owner’s passing. Protecting Royalties in...
by EstateLaw1 | May 7, 2025 | Uncategorized
Rare assets—such as vintage cars, fine art, collectibles, and antiques—hold significant financial and sentimental value. Without a structured estate plan, these assets may face disputes, mismanagement, or unintended distribution. Key Strategies for...
by EstateLaw1 | May 7, 2025 | Uncategorized
Planning for the future includes making decisions about funeral arrangements. While a will can outline your preferences, additional estate planning tools may help ensure your wishes are honored. Can You Specify Funeral Arrangements in a Will? Yes, you can include...
by EstateLaw1 | May 7, 2025 | Uncategorized
Estate planning allows individuals to decide how their assets will be distributed after their passing. In Kansas, it is legally possible to disinherit someone from a will, but specific steps must be taken to ensure the decision is enforceable and does not lead to...
by EstateLaw1 | May 7, 2025 | Uncategorized
Estate planning is a dynamic process, and life changes may require updates to a will. In Kansas, individuals can modify their wills after signing by using a codicil, a legal document that allows amendments without drafting an entirely new will. What Is a Codicil? A...
by EstateLaw1 | May 6, 2025 | Uncategorized
Business continuity is essential for entrepreneurs who want to safeguard their ventures against unforeseen disruptions. Whether it’s economic downturns, leadership transitions, or regulatory changes, having a solid legal foundation ensures stability and...
by EstateLaw1 | May 6, 2025 | Uncategorized
When settling an estate, all beneficiaries must be accounted for to properly distribute assets. But what happens when a beneficiary is missing? In such cases, executors and estate administrators must follow legal procedures to ensure fair asset distribution while...
by EstateLaw1 | May 6, 2025 | Uncategorized
A business owner’s sudden passing can create uncertainty and disruption, especially if there is no succession plan in place. Without clear directives, the fate of the business depends on its structure and legal arrangements. Here’s what can happen: 1. Sole...
by EstateLaw1 | May 6, 2025 | Uncategorized
Inheriting assets after the passing of a loved one can be a bittersweet experience. While it often brings a sense of connection to the past and perhaps financial security, it’s not always a welcome prospect for every heir. You might be surprised to learn that an...
by EstateLaw1 | May 6, 2025 | Uncategorized
Collectibles—whether rare artwork, antiques, or memorabilia—often hold significant financial and sentimental value. Without proper estate planning, these assets may be subject to disputes, mismanagement, or unnecessary taxation. Here’s how estate...
by EstateLaw1 | May 6, 2025 | Uncategorized
Business owners work hard to build their enterprises, but without proper estate planning, their assets could be vulnerable to creditors. Strategic estate planning ensures that business wealth is safeguarded for future generations. Here’s how: 1. Establishing...
