Elder abuse reporting is essential to protection. Abuse at any age is a terrible thing. Still, some populations are more vulnerable than others. One such vulnerable population is the elderly among us. As such, elder abuse is an important topic for many state legislatures. According to a recent KY3 article title “Missouri offers new online […]
"One Solitary Life"* Here is a man who was born in an obscure village as the child of a peasant woman. He grew up in another obscure village. He worked in a carpenter shop until he was thirty and then for three years was an itinerant preacher. He never wrote a book. He never held […]
Trusts have limitations regarding IRAs. You have an Individual Retirement Account (IRA). You also have a trust. You are in the process of "funding" your trust. As you review your assets, you wonder what should be placed in the trust. According to a recent Investopedia article titled “How Can I Put My IRA In a […]
End-of-life discussions are not easy to have. Every year you are getting older. Perhaps you are at the age where many close friends and loved ones have already passed away. Some families were prepared for this loss. Others were not. According to recent articles on The Conversation Project titled “Starter Kits” and AARP.org titled “Caregiver […]
A step-up in basis can help with capital gains taxes. You own real estate property. You are trying to decide whether to gift this property to your children now or pass it on when you die. According to a recent Motley Fool article titled “What is a Step-Up in Basis?,” whether real estate is gifted […]
Finances should be prioritized at the end of the year. Money is an important part of life. How you handle your finances can have a lasting impact. Consequently, you do not want to look back on 2019 and wish you had done things differently. According to a recent The Daily Journal article titled “5 financial […]
Retirement can be expensive. Life can throw you a lot of financial curveballs, yes? These can be difficult, even when you have a steady income. After you retire, these surprise expenses can be more daunting. According to a recent The Wall Street Journal article titled “The Expenses People Often Forget When They Plan for Retirement,” […]
Long-term care is more costly in certain states. The majority of Americans will require long-term care at some point in their lives. In fact, once you reach age 65 the chances of needing long-term care at some point is 70 percent! It is important to plan for this costly expense. You cannot plan properly without […]
Social security benefits should influence where you retire. You are nearing retirement. Where should you live? You have always loved other cultures. It is tempting to move abroad when you are no longer working, yes? According to a recent Investopedia article title “Receiving Social Security Benefits Abroad,” you should not move abroad on a whim. […]
A 401(k) is a helpful retirement planning tool. Does your employer provide a 401(k) for retirement planning? If yes, you are quite fortunate. Used correctly, a 401(k) can help set you up for a successful retirement. According to a recent tucson.com article titled “More common 401(k) mistakes—and their consequences,” not everyone manages these tools wisely. […]
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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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