Yes, Virginia, stock market performance can impact your estate planning. You have money in the stock market. Perhaps this is limited to your retirement income. Maybe you have included savings plan with after-tax investments for long-term goals outside of retirement. Either way, how the stock market performs is important. According to a recent Wealth Advisor […]
Long-term care insurance helps cover costs. You are getting older. Your children are adults with their own families. Now they are the "sandwich generation"! Perhaps they have moved away because of their careers. Either way, you cannot think of one who would be able to provide full-time caregiving should you eventually require it. According to […]
Poor estate planning has dire consequences. You think you do not need an estate plan. Perhaps you believe estate planning can wait. You are young. You have time. According to a recent Chron.com article titled “Will you plan now or pay later?,” this is faulty reasoning. No one can predict their own future. You do […]
Inherited investments can seem overwhelming. People invest in a number of ways. This includes real estate, securities, art, and collections to name a few. When you inherit an investment, you may wonder what you should do with it. According to a recent Wealth Advisor article titled “How to Handle Inherited Investments,” some actions are smarter […]
Pets require estate planning. Your pets are a special part of your family. They have been with you through the good and the bad. You want to take care of them. You feed them, walk them, and bathe them. When you leave for a trip, you make plans for them. According to a recent Next […]
Trusts serve several purposes. What mental images are formed when you think of trust? Do you think of millionaires? Thurston Howell III and Lovey, perhaps? Although trusts can certain help preserve wealth, they are not only for the rich. This was recently confirmed by a Stamford Advocate article titled “Trusts are not for the wealthy […]
Successor trustees carry significant responsibilities. You have been named a successor trustee. The problem? You are not sure what this means. Relax, many people asked to be trustees do not know the responsibilities involved. According to a recent nwi.com article titled “Estate Planning: The role of a successor trustee,” you are not alone. First, you […]
Adult children with disabilities can be supported with proper estate planning. You are a parent of a child with a disability. No words can describe your love for your child or the bond you share. Supporting your child throughout his or her life has been a priority. As you age, you are concerned. How will […]
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 […]
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 […]
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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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