Kansas and Missouri Estate Planning Blog

Long-term care

How Can Women Prioritize Long-Term Care Planning?

POSTED ON: August 3, 2021 BY: Kyle Krull
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 […]
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Farm

What Steps Can I Take Now To Protect the Farm?

POSTED ON: July 28, 2021 BY: Kyle Krull
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 […]
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Blended Families

Can Conflict Be Avoided in Blended Families?

POSTED ON: July 27, 2021 BY: Kyle Krull
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 […]
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Fitness benefits

What are Fitness Benefits in Aging?

POSTED ON: July 20, 2021 BY: Kyle Krull
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 […]
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Bank account

Should I Jointly Own my Bank Account?

POSTED ON: July 14, 2021 BY: Kyle Krull
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 […]
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Common health mistakes

Are Common Health Mistakes Avoidable?

POSTED ON: July 9, 2021 BY: Kyle Krull
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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What age to get an estate plan

At What Age Should I Get an Estate Plan?

POSTED ON: July 7, 2021 BY: Kyle Krull
There is no magic age for creating an estate plan. Perhaps you are reading this and are retired. Maybe you have just turned 18 and achieved legal status as an adult. You maybe you are somewhere in between. According to a recent Reality Biz News article titled “When is the right time to consider estate […]
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Estate planning for unmarried individuals

Do Unmarried People Need Estate Planning?

POSTED ON: July 5, 2021 BY: Kyle Krull
Unmarried individuals cannot afford to neglect estate planning. Sometimes singles are told they are not really responsible adults unless they are partnered or married. This concept can be quite harmful. It encourages people to place confidence, hope, and security in another fallible human. It also devalues those who are unmarried. According to a recent Rocky […]
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Medicare mistakes

Will Medicare Mistakes Prove Costly in Retirement?

POSTED ON: June 29, 2021 BY: Kyle Krull
Retirement can become more expensive with Medicare mistakes. There are many benefits to leaving the workforce for retirement. You have more freedom for hobbies, friends, family, and travel. Retirement also comes with new responsibilities and decisions. According to a recent Money Talk News article titled “5 Medicare Mistakes to Avoid for a Healthy Retirement,” navigating […]
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Fiduciary agents

Why Do I Need Fiduciary Agents?

POSTED ON: June 28, 2021 BY: Kyle Krull
Designating fiduciary agents in your estate plan prepares you for incapacity. People do not plan to become incapacitated. It simply happens to them. Although accidents and illnesses are often surprises, you should prepare such possibilities. According to a recent Pocono Record article titled “Fiduciary Agents have power to make decisions you’d prefer to make yourself,” […]
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