Kansas and Missouri Estate Planning Blog

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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What Planning Should I Do to Protect My Pets?

POSTED ON: July 7, 2020 BY: Kyle Krull
You should plan for your pets during the current pandemic. Your pets are part for your family. They are with you in the best of times. They also support you in challenging times like the current pandemic. Perhaps you have welcomed a new pet during your time in quarantine. According to a recent The Harvard […]
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Why Should I Prioritize Estate Planning?

POSTED ON: July 3, 2020 BY: Kyle Krull
There are several solid reasons to prioritize estate planning. A shocking number of Americans do not have an estate plan. Period. Because estate planning encompasses incapacity and end-of-life issues, those without a plan place their loved ones in a tough situation. According to a recent c|net article titled “Estate planning 101: Your guide to wills, […]
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Should I Store Everything in My Safe Deposit Box?

POSTED ON: June 22, 2020 BY: Kyle Krull
Not everything belongs in a safe deposit box. You have a safe deposit box at your local bank. You have decided to keep all of your important documents, heirlooms, and sums of cash inside the bank. Although this may seem the safe choice, it is not. According to a recent Kiplinger’s article titled “9 Things You'll […]
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What Estate Planning Should Farmers Pursue?

POSTED ON: May 27, 2020 BY: Kyle Krull
Farmers requires thorough estate planning. You are a farmer. The work is in your blood. The land is in your family. You want to keep it this way for generations to come. According to a recent The Bangor Daily News article titled “How farmers can start an estate plan,” you risk loosing everything without an […]
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Will COVID-19 Impact Long-Term Care Costs?

POSTED ON: May 26, 2020 BY: Kyle Krull
Long-term care costs may rise as a result of COVID-19. The majority of seniors will require long-term care as they age. Once you reach age 65, you have a 70 percent chance of needing some form of long-term care sometime thereafter. The cost of long-term care has been high historically. According to a recent Motley […]
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What are Duties for Financial Powers of Attorney?

POSTED ON: May 18, 2020 BY: Kyle Krull
Financial Powers of Attorney grant both authority and responsibility. You have been granted financial power of attorney. This action speaks to your character and trustworthiness. You are flattered. You are also a bit worried. And with good reason. You are not quite certain what responsibilities (and potential liabilities) you have under the financial power of […]
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Should I Get Long-Term Care Insurance?

POSTED ON: May 12, 2020 BY: Kyle Krull
Long-term care insurance can support your health and your savings. Everyone ages. Each year, you take another trip around the sun. You may be perfectly healthy now. Even so, your body (and mind) will wear down. You can make bank on that fact of life. According to a recent Forbes article titled “Is Long-Term Care […]
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What is the Testing Process for Dementia?

POSTED ON: May 11, 2020 BY: Kyle Krull
Testing for dementia requires the involvement of a physician. Your parents are aging. When you call them, you begin to notice changes. They are having difficulty remembering with language, problem-solving, and memory loss. You begin to wonder whether this is the result of simple tiredness or if it is the sign of something worse. You […]
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