Kansas and Missouri Estate Planning Blog

power of attorney

What is the Purpose of a Power of Attorney?

POSTED ON: October 22, 2020 BY: Kyle Krull
A power of attorney is key to protecting your financial interests. There are so many ways to lose money. You can physically use your wallet. You can be taken by a scam. You could become incapacitated today through illness or injury. According to a recent The Street article titled “Guide to Protect Your Assets as […]
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early retirement

Am I Prepared for Early Retirement?

POSTED ON: October 16, 2020 BY: Kyle Krull
Early retirement can threaten your financial security. You are retiring early. Perhaps this is voluntary. You are tired of the daily grind and want to travel and spend time with your loved ones. Maybe you have been offered early retirement from your employer as a result of the economic downturn. Many businesses are struggling to […]
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power of attorney options

What are My Power of Attorney Options?

POSTED ON: September 21, 2020 BY: Kyle Krull
There are different types of powers of attorney. You never know if illness or accident will incapacitate you. This simple fact has never felt more personal than it does during a global pandemic. Preparing for incapacity requires power of attorney planning. According to a recent FedWeek article titled “The Options in Granting Powers of Attorney,” […]
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child with autism guardianship

Does My Adult Child With Autism Need a Guardianship?

POSTED ON: September 14, 2020 BY: Kyle Krull
You need to have a plan in place for when your child with autism turns eighteen. Children grow up. It is a fact of life. As parent, we take pride in the maturing of your children. Even so, it is bittersweet and can be an intimidating transition when they turn 18. According to a recent […]
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estate planning during a pendemic

Why is Estate Planning Invaluable During a Pandemic?

POSTED ON: September 8, 2020 BY: Kyle Krull
Estate planning during a pandemic should be prioritized. The pandemic has changed much about how we approach daily life. People are sanitizing frequently. Friends are appreciating the value of in-person interactions. Parents are simultaneously enjoying time with their children and feeling overwhelmed with managing work and the learning environment for their children. According to a […]
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estate planning after divorce

Should I Revise My Estate Plan After Divorce?

POSTED ON: August 21, 2020 BY: Kyle Krull
Divorce demands estate planning revisions. You have recently divorced your spouse. This process is neither simple nor pleasant. Even if things end somewhat amicably, there is still the challenge of legal paperwork to make it official. Many divorces trigger extreme emotions and relational tension. The last thing you want to do is trigger more planning […]
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Can I Prepare for My Own Incapacity?

POSTED ON: August 18, 2020 BY: Kyle Krull
You should prepare for possible incapacity. No one can predict exactly what will happen to them in life. Everyone is born. Everyone dies. What happens in between could include great happiness and also terrible tragedy, and usually a bit of both. According to a recent The Press-Enterprise article titled “Planning ahead for incapacity helps you and […]
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caregivers for veterans

Can a Family Caregiver to a Veteran Receive Aid?

POSTED ON: August 4, 2020 BY: Kyle Krull
A family caregiver for a "qualifying" veteran may receive financial compensation. Your loved one served in the military. Your loved one now requires the assistance of a caregiver. Perhaps this is due to age. Maybe it is the result of an combat injury. Whatever the cause, you have taken on the responsibility of caregiver. According […]
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long term care insurance fraud

What is Long-Term Care Insurance Fraud?

POSTED ON: July 29, 2020 BY: Kyle Krull
Scammers are committing long-term care insurance fraud. Paying for long-term care is a daunting expense in retirement. Medicare does not provide coverage for these services. For this reason, many people must seek alternative means of payment. One such option is long-term care insurance. According to a recent The Street article titled “How to Protect Yourself and […]
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Are There Different Powers of Attorney?

POSTED ON: July 27, 2020 BY: Kyle Krull
Different powers of attorney have different functions. You know your estate planning should include incapacity planning, right? The documents required to help you when you die only take affect after you have passed away. Illnesses or accidents can leave you unable to make decisions without killing you. According to a recent The Miami News-Record article […]
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