Dementia and Alzheimer’s require thoughtful, but quick action. Hearing a doctor pronounce a diagnosis of dementia or Alzheimer’s is devastating. It impacts both the patients and their loved ones. Fear is a common response as the progression of the disease leads to loss of memories, personality, relationships, and independence. According to a recent Next Avenue […]
Gifts can be a helpful way of reducing estate tax liability. Estate taxes can cost certain estates significantly. Because taxes can reduce inheritances to heirs, it is not surprising when people try to plan strategically to reduce these costs. Sometimes these give rise to cases and questions in Tax Court. Rut row. According to a […]
A living will is essential in a medical crisis. Families commonly have to make truly challenging decisions regarding health care of loved ones. Often these choices involve whether to provide life-sustaining treatments. The burden of this responsibility is heavy indeed. According to a recent Forbes article titled “How Does A Living Will Work?,” advanced planning for […]
Choosing a nursing home requires thoughtfulness and thoroughness. As loved ones age, they may lose independence in an instant. Whether through a fall or as the result of an illness, loved ones who enter a hospital may need more care than you can provide when they are released. In these situations, a nursing home or […]
How well a person can balance may be a health indicator. Falls can cause injury at any age. When younger, damage is often minor. It includes bruises, scrapes, and a little embarrassment. For seniors, losing balance can lead to broken bones and dangerous head injuries. According to a recent The New York Times article titled […]
The cost of long-term care is not going down. People are not all powerful. They cannot stop the steady march of time. Even making healthy decisions does not stop the aging process. As people get older, they require more assistance as their bodies begin to fail. According to a recent The Indiana Lawyer article titled […]
A safe deposit box is not the best storage location for everything of value. Many people do not own a home safe. Instead, they believe it is best to utilize the security of the local bank. They sign up for a safe deposit box and begin placing their valuables into the little box. According to […]
Some symptoms of dementia may be noticed fairly early. Many people are affected by dementia. Unfortunately, it is not likely to disappear anytime soon. The Alzheimer’s Association estimates about 12.7 million individuals age 65 or older will have a form of dementia by 2050. According to a recent Yahoo article titled “This Is the No. […]
Planning for digital assets is more important than ever before. Technology is fairly unavoidable in the modern world. On the minimal side of the technological spectrum, people may settle for an email address and a cell phone. Others, however, live lives so digitized they store all of their information on the cloud and even control […]
Titling assets is a key aspect of estate planning. Titling on documents is a lot like labeling. Parents label lunchboxes, clothing, and other items to remind them and others of the ownership of each item. Essentially, titling assets serves to legally label such assets with then identity of their owner. According to a recent FedWeek […]
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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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