Estate planning is not a one-time event—it is an ongoing process that requires thoughtful stewardship. That is why Stockton & Kandt offers clients a no-cost annual estate plan review as part of our commitment to long-term planning and client care (The Annual Review Meeting). During each Annual Review, we evaluate your plan using our Four-Leg Stool approach—foundational planning, long-term […]
Is Your Estate Plan Still Aligned with Your Life?
The start of a new year is a natural time to pause, reflect, and reset. Many people use January to review finances, update goals, or make plans for the year ahead. Yet one important area is often overlooked: your estate plan. For most families, estate planning is not something that needs attention every year because something […]
The S&K Difference: Introducing the S&K Legacy Guide – Signature Edition
Most people begin estate planning by asking a simple question:“Do I need a will or a trust?” At Stockton & Kandt, we believe that question—while important—does not go far enough. Estate planning, when done well, is not simply about documents. It is about clarity, coordination, and long-term protection for you and the people you care […]
Why Do People Avoid Probate?
Probate is the legal process of settling an estate after someone passes away. It ensures debts are paid and assets are distributed according to a will or state law. While it serves a purpose, many people take steps to avoid probate. In Kansas, probate can be time-consuming, expensive, and stressful for heirs. Understanding why people […]
Is a Living Will the Same As a DNR Order?
When you start thinking about end-of-life planning, you may hear a lot of terms that sound similar. One question many people ask is whether a living will is the same as a DNR order. Both deal with medical treatment decisions, but they serve different purposes. If you live in Kansas, it’s important to understand how […]
Firearms Enthusiasts: Consider a Gun Trust
Firearms Enthusiasts: Consider a Gun Trust If you’re a firearms collector in Kansas, especially one who owns or is considering acquiring NFA-regulated items, it’s worth thinking about how your collection will be handled in the long run. You may already know the process for applying for a tax stamp, completing ATF Form 4, and storing […]
Special Needs Planning: Avoid Unintended Consequences
An estate plan should fit the needs of your family members individually. The right way to leave assets to one child may be entirely wrong for another, especially if that child lives with a disability. Special needs planning gives you tools to provide financial support without putting public assistance at risk. Let’s look at the […]
Why Would You Use an Irrevocable Trust?
When you hear that there are revocable trusts and irrevocable trusts, a question may naturally come to mind. Why would you want to give up the freedom to revoke your trust if you have a choice? We will look at the answer to the question in this post, and when you see the complete picture, […]
5 Compelling Reasons to Use a Revocable Living Trust
A revocable living trust is one of the most effective tools in estate planning. It allows you to manage your assets during your lifetime while ensuring a smooth transition to your beneficiaries after you pass away. Unlike a will, a living trust helps you avoid probate, maintain privacy, and provide flexibility in managing your estate. […]
Are Irrevocable Trust Terms Set in Stone?
Establishing an irrevocable trust often raises concerns about flexibility. Many believe that once the trust is created, the terms cannot be changed under any circumstances. While irrevocable trusts are designed to provide long-term asset protection and estate planning benefits, certain legal mechanisms allow for modifications when necessary. Understanding the Purpose of an Irrevocable Trust Placing […]
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