Kansas City Estate Planning Lawyers Who Assist Individuals and Businesses…
We Advise Individuals Concerning Estate Planning in Kansas City
It is essential to have an in depth, complete estate plan that handles more than just who gets your property. A sophisticated and well-designed estate plan can not only ensure that your family is protected and your financial goals are met after you are gone, but also take care of you in the event of incapacity. Additionally, a properly maintained estate plan can minimize death taxes and limit the claims of creditors.
Putting together an estate plan requires current knowledge of both federal and state laws governing estates. Our clients are encouraged to come in for a complimentary review meeting every three years.
We can advise you which estate planning tool is best for you:
Revocable Living Trusts
Advanced Asset Protection Planning
Durable Power of Attorney
Healthcare Directives and Living Wills
Will Based Estate Planning
Special Needs Trust
We ensure your estate is administered in accordance with your wishes:
We have experience in helping clients settle the estates of their loved ones and planning for future needs. The first question after a loved one has passed away is usually "What do I do now?" We will guide you through the administration of the estate and distribution of assets according to the estate plan, as well as advise you concerning your fiduciary responsibilities as successor trustee or executor.
We offer time-tested experience in navigating through the complexities of the legal system and tax laws. We are able to provide you with the services necessary to ensure that your well-built estate plan is carried out. Whether your estate plan is Trust-centered or Will-driven, we can assist you with the smooth transition of assets from one generation to the next.
For more information about Estate Administration, including trusts and probate, please call for an appointment today.
We Are Your Succession Planning Lawyers for Your Kansas City Business…
No company can survive without a competent owner, executive, or shareholder at the helm. In the event of a key member’s sudden death, illness, or retirement, businesses are often left scrambling to recover lost assets and find a replacement. Larger Kansas City companies and small businesses alike can avoid a tumultuous transition by creating a succession plan with our knowledgeable lawyers.
Your Life Can Become Chaotic Without a Succession Plan for Your Kansas City Business:
If an owner, executive, or shareholder does not have a succession plan in place, his or her stake in the company is either passed on to relatives as part of the estate, absorbed by other shareholders, or a combination of the two.
In family-owned businesses, disputes may occur between siblings and other relatives. Those members more active in the day-to-day operations of the business may feel entitled to larger shares than others who are less involved.
In larger businesses, employees and clients may leave the company for fear of instability, temporary replacements may not be equipped to lead the company through such a delicate time or shareholders may not be able to buy out the extra shares. In addition, if a spouse or other relative inherits the shares of the deceased owner, disputes between shareholders may occur resulting in litigation, stalling progress and possibly leading to a loss of assets.
You Will Experience a Smooth Transition with a Kansas City Succession Plan:
An attorney with expertise in business and estate planning can help owners and shareholders make a plan to ensure a smooth transition. Plans are customarily created after employees, coworkers, other shareholders and family members have been consulted and after goals for the future of the company have been outlined. Succession planning is unique for each entity.
Call us today for your tailor made succession plan.
We serve the legal needs of the Kansas City Metropolitan area including:
Kansas City Missouri (KCMO), Independence, Blue Springs, Lee’s Summit, Raytown, Grandview, Harrisonville, Peculiar, Belton, Raymore, Pleasant Hill, Loch Lloyd, Leavenworth, Parkville, Platte City, Riverside, Smithville, Claycomo, Gladstone, Kearney, Liberty and North Kansas City (NKC), Kansas City Kansas (KC, KS), DeSoto, Gardner, Leawood, Lenexa, Merriam, Olathe, Overland Park, Prairie Village, Bonner Springs, Edwardsville and Lake Quivira.
At Troppito Miller Griffin, LLC…
We create custom estate plans for you and your loved ones
We ensure your business is transferred smoothly through succession planning