Kansas and Missouri Estate Planning Blog

Brain health

Is It Possible for My Brain to Improve with Age?

POSTED ON: September 28, 2021 BY: Kyle Krull
Aging has some benefits for your brain. When you think of aging, you likely envision declining health and bodily functioning. Maybe you think of broken hips, sore joints, and weakening vision. Although general health for many people declines with age, there are some areas where you may find improved functioning. No, really. According to a […]
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Inherited IRA

What are Limitations of an Inherited IRA?

POSTED ON: September 22, 2021 BY: Kyle Krull
An inherited IRA requires special attention. Your parents or your spouse were hard workers. They were also good savers. During their careers, they allocated money each year to their retirement savings. Upon their deaths, you inherited the IRA. According to a a recent Kiplinger article titled “I Inherited an IRA. Now What?,” your relationship to […]
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Long-term care planning for women

Why Should Women Plan for Long-Term Care?

POSTED ON: September 20, 2021 BY: Kyle Krull
Long-term care is especially important for women to consider. As we age, we require more assistance. For some, failing memory can create dangerous situations. For example, people may take more medication doses than necessary or set kitchen fires by forgetting food left on the stove or that the gas has been left on. Those who […]
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Life insurance in retirement

Should Retirees Have Life Insurance?

POSTED ON: September 17, 2021 BY: Kyle Krull
Retirees may still benefit from life insurance. You have been in the workforce for decades and are now either in or nearing retirement. Your financial advisor and estate planning attorney recommended life insurance when you were younger. This made sense to you because you wanted to provide income (and "instant estate") for your spouse and […]
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Downsizing

How Can I Expedite Downsizing my Home?

POSTED ON: September 16, 2021 BY: Kyle Krull
Downsizing does not need to be complicated. You have recently considered downsizing your home. Your children are no longer living with you. The house feels large and empty. Perhaps you are also tired of the amount of time, energy, and money spent on upkeep. While you could keep your home to transfer to your children, […]
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Retirement planning

What Ages are Key to Retirement Planning?

POSTED ON: September 10, 2021 BY: Kyle Krull
Planning for retirement typically follows a basic timeline. If you are working, you should already begin planning for retirement. Eventually, you will no longer be employed. Spoiler alert .... When you retire, you will still need to pay bills and fund your lifestyle. According to a recent U.S. News & World Report article titled “10 […]
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Vitamin Supplements

Are Supplements Important to Take as I Age?

POSTED ON: September 9, 2021 BY: Kyle Krull
Certain supplements may benefit you as you age. Vitamins and minerals are important for the healthy functioning of human bodies. Sometimes our bodies get sufficient amounts through the foods we eat. Other times, supplements are helpful in making up for deficiencies. According to a recent AARP article titled “The 3 Supplements You Might Actually Need […]
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Metabolism

What Does Research Say About Metabolism?

POSTED ON: September 8, 2021 BY: Kyle Krull
Metabolism changes tend to change as we move through life. What do you think of when you hear the word “metabolism”? Perhaps you think of either having a “high” or a “low” metabolism based on how your body burns calories. Maybe you think about how quickly drugs are absorbed by your body. According to a […]
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Couples with age gaps

How Can Large Age Gaps Impact Couples?

POSTED ON: September 3, 2021 BY: Kyle Krull
Marriage age gaps make a difference in estate planning. Weddings are joyous occasions. For those who choose to celebrate their marriage surrounded by friends and family, weddings require a lot of preparation. Beyond the wedding itself, marriages require thoughtfulness and communication about a variety of topics. According to a recent Barron article titled “Couples with […]
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Hearing loss

How are Researchers Helping with Hearing Loss?

POSTED ON: September 1, 2021 BY: Kyle Krull
The impact of hearing loss may be decreased by future innovations. Hearing loss is common in aging individuals. For many, this can lead to distance in relationships as it is challenging to understand what your loved ones are saying. It may also diminish enjoyment of beloved music, television shows, or movies. I know, I have […]
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