Planning is a must for small business owners. Market studies show that 65-75% of individuals surveyed have not created estate plans, or their plans are outdated and ineffective. The percentage of unprotected individuals and families is usually higher for younger...
In order to have the most effective estate plan possible, you should periodically take note of what has changed in your life. You should also be aware of what is changing with regards to the law (as best you can). Estate planning is not a one-time event. Instead, it...
The KC Royals and Your Evolving Estate Plan: The Making of a Champion Last April, Kansas City held a ring ceremony for the World Series Championship. For KC Royals fans, it was hard to believe. You don’t have to go back too far to remember when Royals fans were...
And the Survey Says… Estate Planning is Confusing I’m always amazed to read how 60-70% of US families have outdated estate planning, and I wonder how can that be? Are lawyers really that poor of motivators? Do we lawyers really scare away that many...
WealthCounsel’s inaugural estate planning awareness survey recently came out, and the results were a fascinating treasure trove of information: Nearly half of the respondents believe that estate planning is only for the ultra-rich and most people don’t...
Types of Businesses and Why They Need an Operating Agreement Businesses come in many forms ranging from the simple one owner sole proprietorship to the more complex Limited Liability Company (LLC) or Corporation. Most states, Missouri and Kansas included, have simple...
