Estate of Nesler

From the Kansas Court of Appeals comes this recent, interesting unpublished opinion in the Estate of Nesler. Ms. Nesler died March 28, 2014 in Douglas County, Kansas, leaving 3 surviving adult children. The children found their mother’s Will, but submitted it for probate late (more than 6 months after their mother had died), so the Probate Court wouldn’t admit the Will to probate. And the Court of Appeals affirmed the Probate Court’s 6 month deadline application.

My law firmJohnson Law KC LLC, works with clients on various estate planning and probate needs to help clients take care of their legal needs quickly and inexpensively, and has years of experience counseling clients on a variety of legal issues. Call (913.707.9220) or email me (steve@johnsonlawkc.com) today to schedule a free, convenient consultation.

(c) 2017, Stephen M. Johnson, Esq.

 

 

Everyone Needs a Will

Tax season is finished, so we can all breathe easy this weekend and enjoy spring. We’ve talked before how every adult needs a will, whether you’re 18 and going to college or entering adulthood, or more seasoned in life and enjoying time with precious grandchildren or great-grand children. Following David Rockefeller’s recent death at the grand age of 101, Forbes has this fascinating article about his will. (Mr Rockefeller was a multi-billionaire, prominent banker and philanthropist, consummate New York gentleman, and the last grandchild of oil titan John D. Rockefeller.) And while Mr Rockefeller’s assets and estate plan are much more complex and extensive than most other people’s, his will covers all the usual things you’d expect (and want in your own will) – house and car, bank accounts, charity, family, arts and furniture, personal property and collections (including insects he had collected since childhood), clothes, books, and cleaning out the ole attic or basement storage.

As the saying goes, where there’s a will, there’s a way. My law firmJohnson Law KC LLC, works with clients on various estate and charitable planning needs to help clients take care of their legal needs quickly and inexpensively, and has years of experience counseling clients on a variety of legal issues. Call (913.707.9220) or email me (steve@johnsonlawkc.com) today to schedule a free, convenient consultation.

(c) 2017, Stephen M. Johnson, Esq.

The Titanic Clause

Kelli B. Grant of CNBC has this helpful article recommending different estate plan pieces to think about in preparing for the unthinkable: if you and your immediate family and/or heirs die suddenly or together. The article recommends several things: (1) a simultaneous death clause, (2) a survivorship clause, (3) the Titanic clause, (4) double checking beneficiary designations, (5) titles on jointly owned assets, (6) property distribution, and (7) special needs trusts for beneficiaries as needed.

My law firmJohnson Law KC LLC, works with clients on various estate and charitable planning needs to help clients take care of their legal needs quickly and inexpensively, and has years of experience counseling clients on a variety of legal issues. Call (913.707.9220) or email me (steve@johnsonlawkc.com) today to schedule a free, convenient consultation.

(c) 2017, Stephen M. Johnson, Esq.

Heckerling 2017

The ABA’s RPTE section has these Heckerling Reports from the Jan 9-13, 2017 conference in Florida: intro 1 and 2, nos. 1, 2, 3, 4, 5, and 6.

My law firmJohnson Law KC LLC, works with clients on estate, trust, and elder law needs. Call (913.707.9220) or email (steve@johnsonlawkc.com) today to schedule a free, convenient consultation.

(c) 2017, Stephen M. Johnson, Esq.

Kansas Trust Modification

Happy New Year! Hot off the presses on this cold winter 2017 morning, we have this Kansas Court of Appeals decision about standing and trust modification, from Marysville, Kansas (a small north eastern town). In Re Trust of Clarence Hildebrandt asks if a successor trustee to a Kansas trust has standing to ask the court to modify the trust (pp. 4-5).  Is changing to a different successor trustee (an independent, 3rd party) violating a material purpose of the trust (pp. 5-9)? And does asking a court to modify a trust trigger a no contest clause (p. 9)? The Court answers these questions and more in a brief 9 page opinion.

My law firmJohnson Law KC LLC, works with clients on various estate and trust issues to help clients take care of their legal needs quickly and inexpensively, protect clients’ interests in litigation, and has years of experience counseling clients on a variety of legal issues. Call (913.707.9220) or email me (steve@johnsonlawkc.com) today to schedule a free, convenient consultation.

(c) 2017, Stephen M. Johnson, Esq.

Salvation Army Charitable Giving CLE

Happy Thanksgiving from The KC Estate PlannerThe Salvation Army partnered with the NCF Heartland Chapter to host this fall’s 24th annual Salvation Army Gift & Charitable Planning seminar. After the event, the Salvation Army provided video along with speaker materials. Prof Sam Donaldson and Ann Burns, both great speakers and excellent attorneys, discussed the IRS’ proposed 2704 regulations and Form 8971, along with providing invaluable tools for practitioners, such as a sample estate plan flowchart and worksheet.

My law firmJohnson Law KC LLC, works with clients on various estate and charitable planning needs to help clients take care of their legal needs quickly and inexpensively, and has years of experience counseling clients on a variety of legal issues. Call (913.707.9220) or email me (steve@johnsonlawkc.com) today to schedule a free, convenient consultation.

(c) 2016, Stephen M. Johnson, Esq.

Helping Families After a Loved One’s Death

Losing a spouse, family member, or close friend is a very difficult experience. Wealth Management magazine has this article with some helpful tips for advisors guiding families through those hard moments of life. Helping individuals and families get their financial and legal affairs in place before death can also be invaluable.

My law firmJohnson Law KC LLC, works with clients on various estate and probate law needs to help clients take care of their legal needs quickly and inexpensively, and has years of experience counseling clients on a variety of legal issues. Call (913.707.9220) or email me (steve@johnsonlawkc.com) to schedule a free, convenient consultation.

(c) 2016, Stephen M. Johnson, Esq.

Partnerships 101

What’s a partnership? A partnership happens when 2 or more people join together in business. Some partnerships gives their owners (partners) a limited liability shield of asset protection, but all partnerships have flow through taxes, so partnership profits are only taxed in the partner’s hands, not at the partnership (entity) level

If my firm can help you with your partnership needs, please call or email me at your convenience. My law firmJohnson Law KC LLC, works with clients on various business law needs to help clients take care of their legal needs quickly and inexpensively, and has years of experience counseling clients on a variety of business law issues. Call (913.707.9220) or email me (steve@johnsonlawkc.com) to schedule a free, convenient consultation.

(c) 2016, Stephen M. Johnson, Esq.

Corporations 101

What’s a corporation? A corporation is one of the most storied and reliable business forms. A corporation gives its owners (shareholders) a limited liability shield of asset protection.

If my firm can help you with your corporate law needs, please call or email me at your convenience. My law firmJohnson Law KC LLC, works with clients on various business law needs to help clients take care of their legal needs quickly and inexpensively, and has years of experience counseling clients on a variety of business law issues. Call (913.707.9220) or email me (steve@johnsonlawkc.com) to schedule a free, convenient consultation.

(c) 2016, Stephen M. Johnson, Esq.

Maintenance 101

Just like your car needs a regular oil change and other routine maintenance, so your business has regular maintenance needs. If you have a corporation, you need to have regular meetings, an active board of directors, keep careful minutes of meetings, file an annual report, and be sure to comply with corporate formalities. LLC members or partnership partners have less corporate formalities to comply with, but business maintenance issues often still arise.

If my firm can help you with your business maintenance needs, please call or email me at your convenience. My law firmJohnson Law KC LLC, works with clients on various business law needs to help clients take care of their legal needs quickly and inexpensively, and has years of experience counseling clients on a variety of business law issues. Call (913.707.9220) or email me (steve@johnsonlawkc.com) to schedule a free, convenient consultation.