Long-term care costs require more than Medicare to pay for them. Americans are living longer. That is good news. Hopefully, you are one of them. If you are, chances are you will require long-term care at some point. Frequently cited numbers suggest about a 70% chance of needing some form of long-term care at some […]
Did you know cybercriminals are targeting retirement accounts? You have saved early and often for retirement. You know you need a significant nest egg to cover your expenses in your golden years. What happens if you reach retirement and the money is not there? According to a recent Insurance News.net article titled “Cybercrooks Targeting Retirement […]
Dementia and Alzheimer’s require proactive retirement planning. Getting older often involves declining cognitive functioning. For some, this involves a diagnosis of dementia or Alzheimer’s. These diagnoses can tend to derail retirement. According to a recent Barron’s article titled “Cognitive Decline Shouldn’t Derail Retirement Planning. Here Are Some Tips to Prepare Your Finances,” this makes proactive […]
Caregivers are not always trustworthy. For aging seniors, caregivers can be incredible blessings. They provide companionship, help with household chores, and assist with daily living. Unfortunately, some caregivers are frauds who perpetrated elder financial abuse. According to a recent Spectrum News 9 article titled “Investigators: Sarasota Woman Stole More Than $1M From 94-Year-Old Client,” Anna […]
Nearing retirement requires different savings strategies. You are nearing retirement. Perhaps you started saving early in your career. Maybe you waited to begin saving. Either way, making wise choices right now before you retire is important. According to a recent Investopedia article titled “Top Retirement Savings Tips for 55-to-64-Year-Olds,” there are several ways you can […]
Financial planning should be a priority in 2020. Money is an important part of daily life. You need to for food, bills, and other expenses. As we say around the Krull household: "A dollar bill passes between many hands every day." It is also important for future expenses. A recent Investor Business Daily article “Your […]
Estate planning mistakes are easy to make. Many people think estate planning is simple. You just write out who you want to get your stuff. Seems easy. Right? According to a recent Comstock Magazine article titled “Five Mistakes to Avoid When Planning Your Estate,” estate planning is more complicated than many may realize. When people […]
The death of a spouse is tragic event. When you get married you imagine a “happily ever after” story. You think about rearing a family together and growing old together. No one imagines losing his or her spouse. According to a recent Next Avenue article titled “Preparing for the Unexpected Death of a Spouse,” an […]
Unmarried couples need to prioritize estate planning. You have found someone you love. You have moved in together. Neither of you wants to get married. And it seems this practice is becoming more common. From 2007 to 2016, the number of cohabiting couples increased from 14 million to 18 million. According to a recent CNBC […]
Retirement is around the corner. If you are a baby boomer, you are likely in or nearing retirement. In fact, you may be retiring this year. And, you are in good company. Did you know that 10,000 baby boomers turn age 65 ... every day? Yikes! There is a lot to look forward to in […]
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Overland Park Estate Planning Attorney Kyle Krull assists clients in Kansas and Missouri with Estate Planning, Wills, Trusts, Revocable Living Trusts, Charitable Planning, Asset Protection and Business Succession Planning in the greater Kansas City area including Overland Park, Leawood, Olathe, Lenexa, Johnson County Kansas and Jackson County Missouri.
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