Retirement can become more expensive with Medicare mistakes. There are many benefits to leaving the workforce for retirement. You have more freedom for hobbies, friends, family, and travel. Retirement also comes with new responsibilities and decisions. According to a recent Money Talk News article titled “5 Medicare Mistakes to Avoid for a Healthy Retirement,” navigating […]
Designating fiduciary agents in your estate plan prepares you for incapacity. People do not plan to become incapacitated. It simply happens to them. Although accidents and illnesses are often surprises, you should prepare such possibilities. According to a recent Pocono Record article titled “Fiduciary Agents have power to make decisions you’d prefer to make yourself,” […]
A 529 plan can help you transfer assets to heirs while you are alive. Having a sizable estate can make tax planning more complicated. President Joe Biden and the current administration may further complicate matters should they pass new legislation on the exemption threshold and the step-up in basis. You may need to implement creative […]
Mistakes in planning for retirement can lead to unnecessary and avoidable stress. Planning for retirement starts early. If you started saving at the beginning of your career, you should have a decent nest egg when you are nearing retirement. Even so, planning does not necessarily equate to wise planning. According to a recent AARP article […]
Estate planning involves checking items off your to-do list. To-do lists are helpful in a variety of circumstances. They provide a visual representation of what you need to do and what you have already accomplished. Even so, your list is only as good as the items on it. According to a recent Spotlight News article […]
The development of health problems is common for those over age 50. Fifty is a big birthday. The Big 5-0. At this milestone, you have lived for half of a century. Each year you have experienced new adventures. According to a recent AARP article titled”7 Common Health Problems That Can Strike After 50,” these experiences and […]
Taking care of yourself can benefit your brain. Aging is not kind to bodies. Joints wear out. Muscles shrink. Brains lose functioning. There is a reason we celebrate those "single digit" birthdays. According to a recent AARP article titled “7 Things to Do After 50 for a Healthier Brain,” it is not unusual for seniors […]
Singles are not exempt from having to create an estate plan. Many American adults are currently considered single. These individuals may have never been married. Others may have been married then widowed or divorced. According to a recent County 17 article titled “Even ‘Singles’ Need Estate Plans,” dying without an estate plan is not only […]
Easy is not always better, especially when it comes to estate planning. Life is full of choices. Many factors guide the decisions we make moment by moment when presented with options. The simplest choice is often appealing. According to a recent Florida Today article titled “Estate planning: When you take the lazy way out, someone […]
Melinda Gates and Bill Gates are revisiting their estates plans after their divorce. Few people can call themselves millionaires. Even fewer can call themselves billionaires. Bill and Melinda Gates are two of these individuals. According to a recent Page Six article titled “Melinda Gates could be angling to change kids’ $10M inheritance in split,” having […]
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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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