Certain foods are best avoided after age 50. What we eat is important. After all, we are what we eat. Literally. Our bodies use what we consume as fuel. In some instances, the fuel benefits our bodily systems. In other instances, food can cause harm. According to a recent AARP article titled “5 Foods to […]
How a power of attorney is phrased will impact the authority granted. So much in life is outside of our control as individuals. Accidents and illness can strike at any moment and leave you or your loved ones incapacitated. When this happens, the incapacitated individual can no longer manage his or her finances. According to […]
Blended families may require more strategic estate planning. Many men and women in the United States get married, divorced or widowed, and remarried. As a result, families often consist of yours, mine, and ours children. While many families thrive with more members and more love, more people can also mean more complications. According to a […]
Changing circumstances may affect the usefulness of an ILIT. Do you remember when the federal estate tax limit was $600,000? I do. At this time, you may have set up a revocable living trust (RLT) and an irrevocable life insurance trust (ILIT) to provide for your family if you died. Because many years have passed […]
Women should plan for long-term care needs. The health of both men and women decline as they age. That is an unavoidable fact. Despite the universality of aging and death, women tend to live longer than men. About 74 percent of single households for those over age 80 are women. Need some anecdotal proof? Visit […]
Keeping the family farm requires estate planning. Farmers are known for their hard work, patience, and perseverance. Similar to estate planning, crops only thrive when their specific needs are taken into account. Despite this parallel, about 60 percent of farmers do not have a last will and testament. According to a recent Farm Journal’s Pork […]
Blended families require special attention in estate planning. Families are not always peaceable. Every age and stage carries unique conflict triggers. The death of a parent often awakens old wounds and can create new ones. According to a recent Forbes article titled “Could Your Aging Parents’ Estate Plan Create A Nightmare For Step-Siblings?,” special care […]
Fitness provides health benefits at any age. What do you envision when you hear the word “fitness”? Do you imagine elite athletes at the Olympics or professional level? Maybe you think of personal trainers at a local gym. You may even recall your own athletic competitions as a youth. According to a recent Money Talks […]
Adding people to a bank account gives them access to the funds. There are times when someone may need to access your bank account to manage your finances. If you are incapacitated, you are unable to accomplish certain tasks on your own. It may be tempting to simply add someone as an owner of the […]
Health mistakes can lead to a greater risk of illness. We all make mistakes. Some mistakes are small and have little lasting impact. Other mistakes are significant and can affect ourselves and others for many years. According to a recent Money Talks News article titled “7 Deadly Health Mistakes People Make After Age 50,” recognizing […]
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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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