Naming a guardian is important when you have minor children. No, it is essential. Are you a parent of minor children? If yes, your financial situation may feel strained. In addition to the expenses you had before children, you are now feeding more mouths and clothing more bodies. Estate planning may be at the bottom […]
A Roth IRA can help you achieve greater financial security in retirement. After you enter retirement, your daily living expenses do not suddenly disappear. You still have bills to pay and groceries to purchase. Many people also have mortgages and other debts to pay off. When you add up these figures and the typical increase […]
Taxing life insurance benefits is dependent on several factors. You have people who depend on your income. Perhaps this is your spouse only. Maybe you also have children. Life insurance can be useful in providing financial protection for your loved ones if you were to die. According to a recent MoneyWise article titled “Are Life […]
Caring for those with Alzheimer’s can be a challenge. You recently had a loved one diagnosed with Alzheimer’s disease. Perhaps this condition runs in your family. Maybe it took you completely by surprise. In either instance, the news is devastating. According to a recent Think Advisor article titled “4 Things Advisors Should Know About Cognitive […]
Estate administration require attention to detail. Your loved one named you as the executor or trustee through estate planning. Now, your loved one is dead. You know you need to take action. Unfortunately, you are unsure what steps you need to take. According to a recent The Record-Courier article titled “Protecting an estate requires swift […]
Social Security will look slightly different in 2021. When you think of retirement, you likely also think of Social Security. Social Security benefits provide monthly income in retirement for those who qualify to receive based on their work history. Although you should personally save and invest part of your income for retirement in a Roth […]
Choosing the wrong power of attorney could get you into trouble. Incapacity planning is important for any adult. If something happens to you and you cannot manage your financial and health care decisions on your own, you will need someone to do so on your behalf. This involves creating and signing a power of attorney. […]
You cannot neglect your finances in retirement. You have recently entered retirement. You are enjoying some time to yourself with fewer responsibilities. Even so, there are certain responsibilities you cannot ignore. According to a recent MoneyTalksNews article titled “7 Money Moves You Should Make After Retiring,” you cannot escape legal matters and financial decisions. What […]
It is wise to discuss estate planning with your parents. Your parents are getting older. Perhaps their health is declining. Maybe they are simply nearing retirement. As they age, they may require more of your support. According to a recent Yahoo Finance article titled “How To Talk to Your Parents About Their Estate Plan (Without […]
Traditional Medicare will not cover all medical expenses. When you turn 65, you are eligible for Medicare coverage. Traditional Medicare coverage involves Medicare Part A and Part B. Unfortunately, you may have healthcare needs not covered by Traditional Medicare. According to a recent Kiplinger article titled “7 Things Medicare Doesn’t Cover,” you will need to […]
Commercial solicitations are permitted by the Missouri Rules of Professional Conduct but are neither submitted to nor approved by the Missouri Bar or the Supreme Court of Missouri.
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.
REMEMBER: “The choice of a lawyer is an important decision and should not be based solely upon advertisements.” This statement is required by rule of the Supreme Court of Missouri.
