Kansas and Missouri Estate Planning Blog

Seniors living independently

Is Living Safely at Home Possible for Seniors?

POSTED ON: January 18, 2021 BY: Kyle Krull
Living safely at home may be possible for many seniors. Aging comes with an increase in ailments. As people get older, their bodies decline cognitively and physically. For some, this can be a rapid onset. For others, the decline can be slower. According to a recent Tapinto.net article titled “Caring for Elderly Parents: Can They […]
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When to use trusts

When Are Trusts the Ideal Estate Planning Tool?

POSTED ON: January 1, 2021 BY: Kyle Krull
Trusts can solve a number of estate planning problems. Many people think of the ultra wealthy when they envision the use of trusts in estate planning. They imagine “trust fund babies” driving foreign cars, having parties on yachts, and never working a day in their lives. According to a recent Market Watch article titled “3 […]
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Mental health services

Is Mental Health Prioritized for the Elderly?

POSTED ON: December 30, 2020 BY: Kyle Krull
Mental health services are important for many seniors. How mental health is viewed and understood has changed significantly over the years. Even so, many people still think mental health services involve straightjackets and institutions for dangerous individuals. In reality, most people could benefit from mental health services at some point in their lives. According to […]
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Forgetting financial payments

Is Financial Forgetfulness a Sign of Dementia?

POSTED ON: December 21, 2020 BY: Kyle Krull
Dementia can be recognized through financial forgetfulness. All people can be forgetful occasionally. Forgetfulness is not always an indicator of dementia. However, it is a symptom. According to a recent Medical Express article titled “Older adults with dementia exhibit financial 'symptoms' up to six years before diagnosis,” financial forgetfulness is correlated to higher rates of […]
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Trustee or executor

What are Responsibilities of an Executor or Trustee?

POSTED ON: December 14, 2020 BY: Kyle Krull
Serving as a trustee or executor requires fulfillment of several duties. Perhaps family members or friends have asked you to serve as the executor, trustee, or agent in their estate plan. You are not sure what this means. They tell you the role is essentially following their instructions in their estate planning documents. Although this […]
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Alzheimer's and dementia

Alzheimer's and Dementia. The Same or Different?

POSTED ON: December 11, 2020 BY: Kyle Krull
We often hear the medical terms Alzheimer's and dementia used interchangeably. This suggests that Alzheimer's and dementia present the same, but are in really just different medical terms for the same condition. Is that really so? Alzheimer’s is the most common cause of dementia. It affects roughly 60-80% of the people with dementia. Consequently, it […]
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Alzheimer's

Sleep May Help Prevent Alzheimer’s?

POSTED ON: December 10, 2020 BY: Kyle Krull
So how does one clean the brain? According to a study published in the journal Science, prioritizing sleep could be the key to eliminating toxins.
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Pandemic Estate Planning

Is 2020 the year of "pandemic estate planning"?

POSTED ON: December 3, 2020 BY: Kyle Krull
What is "pandemic estate planning"? It is our phone ringing and online requests for consultations about creating or updating estate plans or just clients want to engage in pandemic estate planning generally. The current pandemic has led many of us focus on weighty existential matters of life, disability, and death. Indeed, after reviewing our assets […]
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covid-19 response

How Does the Pandemic Underscore Estate Planning?

POSTED ON: November 17, 2020 BY: Kyle Krull
The pandemic has reminded people of limits to their control. At the start of 2020, you likely had many plans. Perhaps you (or a loved one) were going to get married surrounded by friends and family. Maybe you were going to watch your child walk across the stage at graduation. Perhaps you had a large […]
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power of attorney

What Power of Attorney do I Need?

POSTED ON: November 6, 2020 BY: Kyle Krull
Choosing the wrong power of attorney could get you into trouble. Incapacity planning is important for any adult. If something happens to you and you cannot manage your financial and health care decisions on your own, you will need someone to do so on your behalf. This involves creating and signing a power of attorney. […]
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