You could benefit from Spousal Social Security. Are you married? Did you stop working for a few years to rear your children? Perhaps you have worked full time but make significantly less than your spouse. According to a recent Investopedia article titled “How Does My Spousal Social Security Benefit Work?,” your personal Social Security benefit […]
COVID-19 has paused retirement saving for many. Whether you have been working for a few decades or a few years, you know you will not be working forever. You will eventually retire. When this happens, you will still need money. To provide future income, you have been diligently saving for retirement. Unfortunately, COVID-19 interrupted the […]
Estate planning is necessary to keep the family farm. You are a man or a woman of the earth. The land you farm or ranch may have been in your family for generations. In fact, you have always known the land will outlast you. According a recent Bangor Daily News article titled “How farmers can […]
COVID-19 puts seasoned citizens at risk. Are you considered a senior? Perhaps your parents are in this age group. Either way, you should be particularly cautious in the midst of the COVID-19 pandemic. Many businesses have already taken action with their own precautions. According to a recent MarketWatch article titled “America’s growing elderly population is […]
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. […]
COVID-19 tests will be covered under certain Medicare plans. As a worldwide pandemic, COVID-19 has been all over the news. The value of COVID-19 testing is emphasized by healthcare workers across the country. Although these tests are important, they raise a number of questions. What are they? According to a recent CNBC article titled “Medicare […]
Planning for nursing home care should involve adequate research. Will you require nursing home care in the near future? Perhaps your parents will require this level of care. Either way, you should not make this transition blindly. According to a recent The Columbia Regional Business Report article titled “Nursing home care requires advance planning,” the […]
Retirement mistakes can deplete your savings. Chances are you will retire someday. This milestone may be quite close. It may also be years away. Whatever your situation, it is important to plan carefully. According to a recent Kiplinger article titled “Avoid These 4 Mistakes That Often Derail Retirement Plans,” retirement mistakes could compromise your golden […]
Retiring in the cold is preferred by some. What is your ideal retirement? Do you imagine the deserts of the Southwest? Maybe you prefer living near the beach? Often retirees are stereotyped as loving warm weather. According to a recent Investopedia article titled “5 Best Countries to Retire to If You Love Winter,” some people […]
IRA withdrawals can trigger penalties. You have an IRA. Perhaps you have more than one. You have signifiant assets tied up in these accounts. Can you access and use this money? According to a recent Investopedia article titled “9 Penalty-Free IRA Withdrawals,” the answer is not so simple. How so? Making IRA withdrawals make bring […]
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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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