Long-term care costs may rise as a result of COVID-19. The majority of seniors will require long-term care as they age. Once you reach age 65, you have a 70 percent chance of needing some form of long-term care sometime thereafter. The cost of long-term care has been high historically. According to a recent Motley […]
Financial Powers of Attorney grant both authority and responsibility. You have been granted financial power of attorney. This action speaks to your character and trustworthiness. You are flattered. You are also a bit worried. And with good reason. You are not quite certain what responsibilities (and potential liabilities) you have under the financial power of […]
Long-term care insurance can support your health and your savings. Everyone ages. Each year, you take another trip around the sun. You may be perfectly healthy now. Even so, your body (and mind) will wear down. You can make bank on that fact of life. According to a recent Forbes article titled “Is Long-Term Care […]
Testing for dementia requires the involvement of a physician. Your parents are aging. When you call them, you begin to notice changes. They are having difficulty remembering with language, problem-solving, and memory loss. You begin to wonder whether this is the result of simple tiredness or if it is the sign of something worse. You […]
Help your aging parents during COVID-19. Seniors are particularly vulnerable to viruses. In fact, the CDC reports 80 percent of reported COVID-19 deaths have been adults age 65 or older. For this reason, many are home-bound in response to COVID-19. They cannot spend time with friends and family face-to-face. How Do I Help? It is […]
COVID-19 should not interfere with your estate planning. Your life feels like it is on hold. Maybe the days feel like months, like when the waves turn the minutes to hours. You cannot remember if it is Monday or Thursday. COVID-19 has interfered with work, events, and family gatherings. Everything. According to a recent Kiplinger […]
Caregivers should have a Care Plan in response to COVID-19. You are the primary caregiver for an aging loved one. When circumstances are normal, you worry about his or her health. As the number of confirmed COVID-19 cases rises, you find your anxiety growing. Every cough and wheeze makes you wonder whether your loved one […]
COVID-19-related scams are a growing problem. Just when you think the low-lifes among us can not get any lower, along comes a new opportunity for them to exploit the most vulnerable among us. Scammers are always looking for opportunities to prey on victims. Playing on fear is a common strategy. Scammers have been known to […]
COVID-19 puts seasoned citizens at risk. Are you considered a senior? Perhaps your parents are in this age group. Either way, you should be particularly cautious in the midst of the COVID-19 pandemic. Many businesses have already taken action with their own precautions. According to a recent MarketWatch article titled “America’s growing elderly population is […]
Planning for nursing home care should involve adequate research. Will you require nursing home care in the near future? Perhaps your parents will require this level of care. Either way, you should not make this transition blindly. According to a recent The Columbia Regional Business Report article titled “Nursing home care requires advance planning,” the […]
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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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