People of all ages have retirement questions. At least they should. Regardless, most people think about retirement at some point throughout their careers. Some envision a life outside of the office. They imagine traveling, devoting time to hobbies, and visiting grandchildren. Others primarily consider the financial implications of retirement. According to a recent Kiplinger article […]
Neither your last will nor your revocable trust supersedes your beneficiary forms. Do you have a retirement account? If yes, you have likely seen a beneficiary designation form. Retirement accounts are one of several types of assets passed to heirs through beneficiary designations. Many people simply fill out the form upon the creation of the […]
Claiming Social Security can feel like a balancing act. For many, Social Security is a key consideration for retirement. Even so, the benefits will not allow you to maintain your current standard of living in most instances. For this reason, you will need to manage your current savings and maximize your Social Security benefit. According […]
Everyone needs to plan for retirement. Retirement may be couple of years away or a couples of decades away. Either way, it is coming. You may be able to choose the time of your retirement. Cutbacks or health issues may force you into retirement earlier than anticipated. According to a recent Nasdaq article titled “Do […]
Retirees should prioritize getting necessary documents for estate planning. If you are an adult, you should have an estate plan. You never know when you will die, or become incapacitated. Although you occasionally hear about people retiring in their 30s, most people retire after decades in the workforce. These older retirees should take steps now […]
A life settlement can provide additional funds to use in retirement. If you are in retirement, you are living on a fixed income. What you saved in your nest egg needs to last for the rest of your life and the life of your spouse. Although Social Security can also provide a monthly stipend, it […]
There are several retirement myths circulating about from well-meaning people. You are planning for retirement. You started by researching information online. Although the internet certainly has helpful information, it is not always accurate. According to a recent Auburn.pub article titled “Let’s Leave These 3 Retirement Myths in 2020’s Dust,” you should be wary of retirement […]
Social Security needs may look different for men and women. Women and men are alike in many ways. They are also distinctly different. These differences do not make one better than the other. They may, however, demand specific planning. This is especially true when it comes to retirement planning. According to a Money Talk News […]
Some states are better for veterans in retirement than others. You are a member of the United States Armed Forces. In the military, you have served others for your entire career. You have been deployed, and you have been relocated with your family.s Now, you are planning for retirement and trying to decide on where […]
You are newly widowed and are concerned about your rights to your deceased husband's Social Security benefits. And rightfully so. It is easy to make mistakes when it comes to Social Security. When to take Social Security benefits is a major decision that has major consequences for not only the worker but his spouse. According […]
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Overland Park Estate Planning Attorney Kyle Krull assists clients in Kansas and Missouri with Estate Planning, Wills, Trusts, Revocable Living Trusts, Charitable Planning, Asset Protection and Business Succession Planning in the greater Kansas City area including Overland Park, Leawood, Olathe, Lenexa, Johnson County Kansas and Jackson County Missouri.
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