Kansas and Missouri Estate Planning Blog

social security mistakes

Is It Possible to Make Social Security Mistakes?

POSTED ON: October 7, 2020 BY: Kyle Krull
It is easy to make Social Security mistakes. Planning financially for retirement can feel overwhelming. You have been saving for years, but you know every little bit helps. Although Social Security will be insufficient to cover all of your expenses, it can supplement your savings. According to a recent Fox News article titled “These mistakes […]
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medicare plan

Should I Change My Medicare Plan?

POSTED ON: October 1, 2020 BY: Kyle Krull
You could save money on your Medicare plan with appropriate planning. The start of autumn means Medicare open enrollment is drawing near. If you are currently enrolled in Medicare, you are likely aware of this fact. In fact, you have likely received an “annual notice of change” from your Medicare plan. According to a recent […]
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nursing home costs

Will Nursing Home Care Cost Me Everything?

POSTED ON: September 29, 2020 BY: Kyle Krull
Paying for nursing home care may consume all of your savings. There are many physical ailments associated with aging. As we get older, our bodies wear out. Although some individuals can live independently for a time or have family caretakers, many seniors will require some form of long-term care outside the home setting. According to […]
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life stages and estate planning

Is Estate Planning Impacted by My Life Stage?

POSTED ON: September 24, 2020 BY: Kyle Krull
Each life stage has unique estate planning needs. Are you young and single? Perhaps you were at one point but are now married with young children. In each stage of life, you are still you. Although this is true, your goals and your circumstances change drastically. According to a recent The News-Enterprise article titled “Life […]
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planning for retirement

What Do I Need to Consider Before Retirement?

POSTED ON: September 23, 2020 BY: Kyle Krull
Retirement brings change and involves planning. You are getting older. As a result, retirement is getting closer. Although you could choose to ignore this fact, doing so may cost you in the long run. According to a recent Forbes article titled “5 Crucial Planning Steps To Take Before You Retire,” planning for retirement can remove […]
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long term care insurance reform

Will Long-Term Care Insurance See Reform?

POSTED ON: September 7, 2020 BY: Kyle Krull
Long-term care insurance will not be reformed, at least by federal government edict. The numbers are sobering when it comes to the likelihood of needing long-term care. It is well worth your time to read an in-depth study on this subject from the U.S. Department of Health & Human Services. Spoiler alert: the risk of […]
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What are Alternative Options to Reverse Mortgages?

POSTED ON: August 26, 2020 BY: Kyle Krull
Reverse mortgages are not the only option for getting available cash out of your home equity. Your are at least 62 years old. This means you are eligible to apply for a reverse mortgage. Reverse mortgages allow you to borrow against your home equity to receive a line of credit, monthly payments, or a combination […]
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heals act

What Does the HEALS Act Propose?

POSTED ON: August 19, 2020 BY: Kyle Krull
The proposed HEALS Act impacts Medicare in 2021. You are a citizen of the United States of America. What happens in Washington D.C. affects you. As such, it is good to be informed when it comes to new legislation. This is especially true with decisions regarding Social Security or health care. According to a recent […]
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Should I Come Out of Retirement to Work?

POSTED ON: August 17, 2020 BY: Kyle Krull
There are certain reasons to come out of retirement. You are recently retired. Adjustments are challenging. You are enjoying the change of pace, but you still have concerns about time, money, and meaning. You wonder whether you will need to come out of retirement in the future. According to a recent MoneyTalksNews article titled “8 Signs […]
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Does Babysitting Grandchildren Have Health Benefits?

POSTED ON: August 12, 2020 BY: Kyle Krull
Babysitting grandchildren can be beneficial to health. You are a grandparent. Perhaps you have recently joined thees esteemed ranks after the recent birth of your first grand baby. Maybe you have been a grandparent for years. Either way, you know the joy of this role. Nevertheless, there seems to be a beneficial role to this […]
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