Kansas and Missouri Estate Planning Blog

Mediterranean diet

Does the Mediterranean Diet Protect the Brain?

POSTED ON: November 30, 2022 BY: Kyle Krull
A Mediterranean diet can reduce the risk of many health problems. When most people think of the Mediterranean they envision beautiful beaches, shimmering water, and a more relaxed pace of life. While they are not wrong, there is also rich agriculture and dining. The fresh ingredients of the region make for delicious meals. According to […]
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Caregivers

Is Caregiver Burnout Avoidable?

POSTED ON: November 24, 2022 BY: Kyle Krull
Burnout is high for caregivers. Very high. As people age, they often require assistance. Those with family nearby rely on loved ones to provide support. Roles and responsibilities of caregivers are numerous, too numerous to list here. According to a recent Health Hive article titled “Preventing Caregiver Burnout,” older adults can need help with anything […]
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Dementia

What is the Dementia Prevalence in America?

POSTED ON: November 16, 2022 BY: Kyle Krull
Dementia and cognitive decline are fairly common in America. I see it happening with my clients and my own family members. Mental health often declines with age. People can lose memory functioning and motor skills. Although seniors may have subtle symptoms of decreased mental functioning, it is not always indicative of dementia. According to a […]
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Tax deductions

Are there Tax Benefits to LTC Insurance?

POSTED ON: November 15, 2022 BY: Kyle Krull
Long-term care insurance can have tax benefits. Spoiler alert for those who are young right now. Health declines with age. Through exercising and eating a nutritious diet, people can often delay the onset of age-related health problems. Even so, these issues cannot be avoided forever. According to a recent Smart Asset article titled “Is Long-Term […]
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Life stage

Does Life Stage Impact Estate Planning?

POSTED ON: November 11, 2022 BY: Kyle Krull
Estate planning needs vary according to age and life stage. People change throughout their lives. Perhaps you have noticed this. Not only do we grow physically from infancy to adulthood, but new goals and priorities also develop. These influence choices within various areas over our lifespans. According to a recent The Seattle Times article titled […]
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Co-trustee

Should My Adult Child Serve as Co-Trustee?

POSTED ON: November 8, 2022 BY: Kyle Krull
A co-trustee can be helpful in the administration of an estate. Revocable trusts can simplify the distribution of assets after death. Often trustmakers (aka grantors) make themselves the trustees of revocable trusts while they are alive. In addition to serving as trustees themselves, some individuals choose to appoint co-trustees. According to a recent The Street […]
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Agents

How Do I Choose My Executor or Agents?

POSTED ON: November 4, 2022 BY: Kyle Krull
Choosing agents requires careful consideration. Very considered consideration. Successful estate planning, including incapacity planning, does not rely on the validity of the signed documents alone. Although the preparation and execution of the documents is essential, the content is equally important. The right fiduciaries and agents must be clearly appointed. According to a recent Nasdaq article […]
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Steps

What Steps are Key to Estate Planning?

POSTED ON: October 28, 2022 BY: Kyle Krull
Taking steps to create a successful estate plan will pay off. Many people enjoy knowing exactly what they need to do before taking the required steps to accomplish something. In many cases, it is comforting to know what is expected. Without clear directions, the fear of doing something wrong paralyzes them. I know I feel […]
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College students

What Documents do College Students Need?

POSTED ON: October 24, 2022 BY: Kyle Krull
College students should prioritize their estate planning. No, really. Attending university is often the first time young adults are away from their families for longer than a few weeks. They must learn to juggle all aspects of their lives like homework, laundry, and meal planning. As college students practice their independence, it is helpful to […]
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Estate Plan

Is an Estate Plan Really Necessary?

POSTED ON: October 13, 2022 BY: Kyle Krull
Nope. Just kidding. A comprehensive estate plan protects assets and loved ones. A lot of people really like to have control. It helps them to feel more secure. That likely includes you, yes? Although you cannot always control what happens to you, you can prepare for what is outside of your control. According to a […]
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