Kansas and Missouri Estate Planning Blog

Are Conservators and Guardians the Same?

POSTED ON: December 30, 2019 BY: Kyle Krull
Conservators and guardians are not the same. People can lose mental and physical functioning as they age. For some, these losses are extreme. For others, they are slow and subtle. Increasingly, an elderly individual with diminished capacity may require financial and physical support. According to a the guardianship and conservatorship sections on at ElderLawAnswers and […]
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How Do I Prepare My Finances for the New Year?

POSTED ON: December 19, 2019 BY: Kyle Krull
Finances should be prioritized at the end of the year. Money is an important part of life. How you handle your finances can have a lasting impact. Consequently, you do not want to look back on 2019 and wish you had done things differently. According to a recent The Daily Journal article titled “5 financial […]
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Where is Long-Term Care Most Expensive?

POSTED ON: December 17, 2019 BY: Kyle Krull
Long-term care is more costly in certain states. The majority of Americans will require long-term care at some point in their lives. In fact, once you reach age 65 the chances of needing long-term care at some point is 70 percent! It is important to plan for this costly expense. You cannot plan properly without […]
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Do College Students Need Estate Planning?

POSTED ON: December 9, 2019 BY: Kyle Krull
College students require estate planning. Perhaps you have recently entered college or are planning to in the near future. Maybe you are the parent of a college student. Either way, you should understand that estate planning is important for college students. According to a recent Forbes article titled “3 Estate Planning Documents Every College Student […]
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Can My Pets Join Me in My Nursing Home?

POSTED ON: December 2, 2019 BY: Kyle Krull
Pets need you to plan for their futures. Your pets are a part of your family. Maybe you have dogs. Perhaps you prefer casts. Maybe your house is home to birds, fish, or exotic critters. Whether your pets have feathers, fins, or fur, these family members have been your companions for years. Unfortunately, your health […]
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What is Included in a Medicare Advantage Plan?

POSTED ON: November 5, 2019 BY: Kyle Krull
Medicare Advantage plans include more services than Medicare Part A. Medical insurance at any age can be confusing, so it is with Medicare Advantage. The types of Medicare plans and what they offer are no different. It is difficult to distinguish between Part A, Part B, Part D, and Advantage plans. It is literally an […]
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Estate Planning for College Students?

POSTED ON: October 22, 2019 BY: Kyle Krull
College students need estate planning. Why? College can be a vulnerable time. These young adults are responsible for themselves—many for the first time. They must get to classes, make food, do laundry, set their alarms, and manage their own time without their parents. Oftentimes parents are feel unable to help or are unsure how to […]
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Is Long-Term Care Insurance Expensive?

POSTED ON: October 18, 2019 BY: Kyle Krull
Answer: Not having this long-term care coverage can be far more expensive than having it. Why? Life is unpredictable. You cannot know whether you will die young or old. There is no predicting how quickly your body will fail as you age. In short, there are no certainties when it comes to the aging process. […]
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When Would I Need Advance Directives?

POSTED ON: October 10, 2019 BY: Kyle Krull
Advance Directives are essential for incapacity planning. Imagine the worst case scenario. That pickup truck just ran the red light. Crash! There has been an accident. You are incapacitated. Your loved ones have shown up to the hospital. The doctors are demanding decisions. According to a recent WRAL article titled “Advance directives lift burden of […]
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When Should I Get an Estate Plan?

POSTED ON: October 2, 2019 BY: Kyle Krull
Estate planning is for everyone. Perhaps you are a young adult. Maybe you are married with small children. You could be divorced and remarried. According to a recent Cincinnati Business Courier article titled “Estate planning considerations for every stage of life,” estate planning is always relevant and necessary. Death and incapacity can come out of […]
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