KC Estate Works Sep 2017

Having a Kid Changes Everything ESTATE PLANNING FOR PARENTS WITH YOUNG CHILDREN

Even if your estate lacks substantial assets, estate

choose someone who shares your parenting philosophies and will raise your children the way you want them to be raised. Proper planning can help ensure that your children seamlessly transition to their new home, selected and planned by you.

the consequences that might result from lacking the assets to cover the liabilities you leave behind.

Layers of Protection

planning is still extremely important, especially

When you plan, you have the opportunity to change beneficiary designations, create trusts, and change how property is titled to make sure that everything passes just as you would like without ever probating your will. The will then acts as a safety net to make sure that anything that slips through the cracks is still distributed in accordance with your wishes. Even if you don’t have substantial assets, estate planning ensures that your wishes will be followed and that your children will be protected if anything were to ever happen to you. Contact me at 913-214-1884 to plan your estate and ensure your children’s well- being.

Funding

as a parent. What happens to your children if something happens to you? Who will care for them? Who makes decisions

In the event that something happens to you and you leave children behind, you’ll need to consider how they will be provided for. Proper estate planning can help ensure that the money you leave behind is managed properly and held in a trust for your children’s needs.

when you are unable to do so? Proper estate planning can address each of these concerns and more.

Selecting a Guardian

An Honest Evaluation

This is by far the primary reason that every parent should have an estate plan in place. As part of your estate planning process, you will designate a guardian for

Beyond planning what will happen to your current assets, proper estate planning will give you an honest evaluation of the obligations and burdens you may leave behind. With proper planning, you can avoid

any minor children you may leave behind. When selecting a guardian, it is important to

WINNING APPLE CRISP

Laugh Out Loud

Ingredients

• • •

1 cup all-purpose flour

• •

1/2 cup butter, softened 4 cups chopped, peeled apples

• •

1 cup water

3/4 cup rolled oats

1 teaspoon vanilla extract Vanilla ice cream, optional

1 cup packed brown sugar

• •

1 cup sugar 2 tablespoons cornstarch

1 teaspoon ground cinnamon

Directions

1. Heat the oven to 350 F. In a large bowl, combine the first four ingredients. Cut in butter until crumbly. Press half of mixture into a greased 2½ quart baking dish or a 9-inch square baking pan. Cover with apples. 2. In a small saucepan, combine the sugar, cornstarch, water, and vanilla. Bring to a boil; cook and stir 2 minutes or until thick and clear. Pour over apples. Sprinkle with remaining crumb mixture. 3. Bake 60–65 minutes or until apples are tender. Serve warm, with ice cream if desired.

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Recipe courtesy of tasteofhome.com.

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