Kansas and Missouri Estate Planning Blog

What Should Retirees Considering Marriage Do?

POSTED ON: March 31, 2020 BY: Kyle Krull
Retirees considering marriage should evaluate several factors. You are in your later years. While in retirement, you have found purpose elsewhere. You have found love. Should you tie the knot? According to a recent Kiplinger article titled “Financially, Marriage Makes a Lot of Sense for Retirees,” retirees considering marriage should weight the pros and cons. […]
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What are Estate Planning Challenges of Gray Divorce?

POSTED ON: March 4, 2020 BY: Kyle Krull
Gray divorce will impact estate planning. You are no longer in the days of your youth. You are either nearing or in retirement. You are also entering into a divorce. According to a recent Clare County Review titled “Rising Gray Divorce Rates Are Making Estate Planning Problems More Complicated,” gray divorce brings with it a […]
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How Can I Protect Against Financial Infidelity?

POSTED ON: February 24, 2020 BY: Kyle Krull
Financial infidelity is one type of marital unfaithfulness. You are married. Perhaps you have been married for a long time. Maybe your marriage is relatively new. You were financially secure, but you did not enjoy managing your financial affairs. Instead, you let your spouse manage the money. According to a recent The Mercury article titled […]
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Can a Strong Stock Market Impact My Estate Plan?

POSTED ON: February 17, 2020 BY: Kyle Krull
Yes, Virginia, stock market performance can impact your estate planning. You have money in the stock market. Perhaps this is limited to your retirement income. Maybe you have included savings plan with after-tax investments for long-term goals outside of retirement. Either way, how the stock market performs is important. According to a recent Wealth Advisor […]
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Should I Discuss Money Matters Before Remarriage?

POSTED ON: December 10, 2019 BY: Kyle Krull
Remarriage requires careful planning. The holidays are a popular time for engagements. Wedding plans may now in the works for you. Congratulations! All marriages take careful planning and involve important discussions about finances and futures. According to a recent U.S. News & World Report article titled “6 Financial Considerations for Remarriage,” these discussions are even […]
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How Did Tax Law Change for 2020?

POSTED ON: December 5, 2019 BY: Kyle Krull
Tax law will see changes in 2020. Taxes are a unavoidable part of life for Americans. You are paid for your services. You must then pay the government for theirs. Although there have been taxes since the founding of our country, these do not remain the same each year. According to a recent CNBC article […]
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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 Type of Life Insurance Do I Need?

POSTED ON: November 22, 2019 BY: Kyle Krull
Life insurance is not all the same. You have heard you need it, right? If you are single, it is helpful to acquire enough to bury you and pay off your debts. If you are married or have children, you will need more. Why? Your children and surviving spouse could lose not only a parent […]
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Am I Too Young for Estate Planning?

POSTED ON: October 16, 2019 BY: Kyle Krull
Estate planning is for the young? No, really. Mortality is often the farthest thing from the minds of young people. They are busy getting degrees, starting careers, and growing families. Estate planning can wait. According to a recent The Cleveland Jewish News article titled “Younger generations should focus on estate planning, too,” delaying such preparations […]
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Do Childless Couples Need an Estate Plan?

POSTED ON: October 7, 2019 BY: Kyle Krull
Estate planning may look different for childless couples. People do not live identical lives. Some people get married early. Others do not. Some people have enough children to field a football team. Some couples go through life as a team of two. According to a recent Motley Fool article titled “5 Estate-Planning Tips for Child-Free […]
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