Kansas and Missouri Estate Planning Blog

What are Functions of a Power of Attorney?

POSTED ON: February 25, 2020 BY: Kyle Krull
A Power of Attorney is essential to getting your affairs in order. Pondering one's potential "incapacity" is not pleasant. It is not a pleasant reality either. Incapacity is even more unpleasant if you are not prepared for it. According a recent Recently Heard article titled “6 Reasons to Choose a Power of Attorney,” a power […]
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Can I Prevent Limited Mobility in Aging?

POSTED ON: February 18, 2020 BY: Kyle Krull
Limited mobility can pose new challenges for aging adults. As people age, their bodies weaken. This increases the risk of falls. Injuries from falls limit mobility. Are there ways to help protect loved ones or yourself from these negative outcomes? According to a recent AARP article titled “Mobility Problems: What to Do When a Loved […]
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How Can Long-Term Care Insurance Help Me?

POSTED ON: February 14, 2020 BY: Kyle Krull
Long-term care insurance helps cover costs. You are getting older. Your children are adults with their own families. Now they are the "sandwich generation"! Perhaps they have moved away because of their careers. Either way, you cannot think of one who would be able to provide full-time caregiving should you eventually require it. According to […]
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What are Risks of Poor Estate Planning?

POSTED ON: February 13, 2020 BY: Kyle Krull
Poor estate planning has dire consequences. You think you do not need an estate plan. Perhaps you believe estate planning can wait. You are young. You have time. According to a recent Chron.com article titled “Will you plan now or pay later?,” this is faulty reasoning. No one can predict their own future. You do […]
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How to Prepare for Dementia and Alzheimer’s

POSTED ON: February 3, 2020 BY: Kyle Krull
Dementia and Alzheimer’s require proactive retirement planning. Getting older often involves declining cognitive functioning. For some, this involves a diagnosis of dementia or Alzheimer’s. These diagnoses can tend to derail retirement. According to a recent Barron’s article titled “Cognitive Decline Shouldn’t Derail Retirement Planning. Here Are Some Tips to Prepare Your Finances,” this makes proactive […]
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What Financial Planning Should I Prioritize this Year?

POSTED ON: January 29, 2020 BY: Kyle Krull
Financial planning should be a priority in 2020. Money is an important part of daily life. You need to for food, bills, and other expenses. As we say around the Krull household: "A dollar bill passes between many hands every day." It is also important for future expenses. A recent Investor Business Daily article “Your […]
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What Are the Most Common Estate Planning Mistakes?

POSTED ON: January 28, 2020 BY: Kyle Krull
Estate planning mistakes are easy to make. Many people think estate planning is simple. You just write out who you want to get your stuff. Seems easy. Right? According to a recent Comstock Magazine article titled “Five Mistakes to Avoid When Planning Your Estate,” estate planning is more complicated than many may realize. When people […]
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Why Do Unmarried Couples Need Estate Planning?

POSTED ON: January 24, 2020 BY: Kyle Krull
Unmarried couples need to prioritize estate planning. You have found someone you love. You have moved in together. Neither of you wants to get married. And it seems this practice is becoming more common. From 2007 to 2016, the number of cohabiting couples increased from 14 million to 18 million. According to a recent CNBC […]
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Celebrities Make Estate Planning Mistakes?

POSTED ON: January 21, 2020 BY: Kyle Krull
Yes, Virginia, even celebrities can make huge estate planning mistakes. America is a celebrity culture. Some people want to be famous. Others simply have a favorite celebrity. Many people attempt to emulate these public figures. According to a recent Florida Today articles titled “Lessons in estate planning from the rich and famous,” following the example […]
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What Drugs are Connected to Dementia?

POSTED ON: January 20, 2020 BY: Kyle Krull
Dementia has been linked to certain medications. We have all seen drug commercials. These ads depict (apparently), healthy, happy humans smiling with their loved ones while engaged in a wide variety of fun activities together. But, as they say, wait for it. For what? For the inevitable laundry list of potential risks and side effects […]
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