Whether you know it or not, you have an estate. And that means, whatever your situation, you need estate planning.
But, like many other legal services, estate planning services can be difficult to understand. Why do you need it? When should you contact an attorney? How can you know you’re getting the full legal service you need — not just the estate planning basics?
Don’t stress — attorney Kevin Kenney is here to help. He’s guided many families through effective estate planning in Kansas and Missouri, and he can do the same for you. In fact, to help you get started, he’s offered some basic information about estate planning in Kansas City below. Take a read to familiarize yourself, but remember: This information is not intended to be and should not be taken as legal advice.
For the most accurate legal estate planning advice, we encourage you to schedule a consultation with our team.
What is Estate Planning?
Simply put, estate planning is a way of ensuring the contents of your estate — everything you own — passes to the correct people once you die. Obviously, you have wishes when it comes to how your property will be delegated, and proper estate planning protects that property from going through a long and drawn out probate process where family and friends argue about what they’re entitled to.
So, what’s an estate plan typically include? As mentioned, estate planning tackles everything you own, including:
- Other real estate
- Checking and savings accounts
- Life insurance
- And other significant personal possessions
But an estate planning definition covers more than just the inanimate objects you own. A good estate plan also set out your wishes for loved ones’ protection, such as:
- Guardianship for children
- Providing for loved ones who may have special needs or be irresponsible with funds
- Assignation of life insurance to beneficiaries
Estate planning also allows you to detail your wishes for medical care should you become disabled or incapacitated, helps you avoid taxes and unnecessary legal fees, and transfers your business at the time you are no longer able to oversee it.
To define estate planning for your personal situation, please call our legal team at 913-671-8008.
What is Included in Estate Planning Services?
If you need estate planning in Kansas or Missouri, you may be unsure of how to find the right attorney for these services. The scope of estate planning services can vary greatly from law firm to law firm. Doing your research about all of your local options will make a huge difference.
Here at our law firm, we are always dedicated to transparency and honesty when it comes to our legal services. That includes the estate tax planning that we offer. When you choose to work with attorney Kevin Kenney, you can receive guidance with:
- Wills: Wills are one of the most important estate planning basics. These documents outline the future of your property, indicating who will receive how much of your property after your death.
- Trusts: Trusts allow you to more effectively manage your beneficiaries’ inheritance. These services entrust your property to one person or organization, who will manage the property for your beneficiaries.
- Power of Attorney: Estate planning doesn’t mean just thinking about your family and friends. You must also think about yourself. A power of attorney designation or a living will gives someone else the ability to handle your affairs when you’re unable to do so due to a medical issue, disability or other unexpected situation.
- Guardianship: If you have children, a guardianship assignation is a crucial part of your estate planning services. You must designate a guardian for your children should you die or otherwise be unable to provide them the care they need. In fact, this step is so important to attorney Kevin Kenney that he requires all of the families he helps build through adoption and surrogacy complete this step before their process is finalized.
Of course, everyone’s estate planning services will be unique based on their needs and preferences. Contact our law team today to find out what will be needed for your personal situation.
What Should I Know About Estate Planning in Kansas and Missouri?
First, know that everyone needs estate planning. As long as you are over the age of 18 and of sound mind, our legal team can help protect your estate and property — just in case.
As a family law attorney, Kevin Kenney encourages all parents and soon-to-be parents to hire estate planning services as soon as possible. When you become a parent, you are responsible for your children. What will you do in case something tragic occurs to you or your spouse? Who will take care of your children? Effective estate planning in Kansas and Missouri will help you answer those questions.
Estate planning doesn’t have to be a lengthy and complicated process. The earlier you get started with attorney Kevin Kenney, the easier it will be. As an attorney in Kansas City, Kevin is experienced in both Kansas and Missouri laws and procedures for estate planning. So, when he helps you, you can rest assured you have an expert guiding you through every step.
To learn more about estate tax planning in Kansas City, give our law offices a call at 913-671-8008 or schedule a consultation online.