Kansas and Missouri Estate Planning Blog

How Can the Family Farm Stay in the Family?

POSTED ON: December 6, 2019 BY: Kyle Krull
Family farms have been passed through generations. The Midwest is filled with farms. Cattle roam to and fro. Crops like wheat, soy, and corn rotate through the years. The land is beautiful. You care for the family farm like the generations before you have done. According to a recent High Plains Journal article titled “Don’t […]
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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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Will Stock Market Crashes Kill Your Retirement?

POSTED ON: November 26, 2019 BY: Kyle Krull
Stock market crashes can impact retirees. Depending on your age, you have likely lived through one or more of the big stock market crashes. Most people remember the 2008 crash. Although this was a significant blow to many, the 1987 crash was actually the worst one in America stock market history. According to a recent […]
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How Should I Be Saving for Retirement?

POSTED ON: November 21, 2019 BY: Kyle Krull
Saving for retirement requires intentional planning. Different stages of life have different demands and concerns. Whether you are young or seasoned, retirement should be prioritized. With so many demands on finances, this is not always easy to do. According to a recent Skimm article titled “9 Retirement Questions from Skimm’rs, Answered,” the best planning starts […]
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How Can I Get the Most from Social Security?

POSTED ON: November 18, 2019 BY: Kyle Krull
Social Security is helpful in retirement. You are nearing retirement. For this reason, you have now started thinking about Social Security disbursements. Although Social Security will be insufficient to meet all of your retirement expenses, it will certainly help. For this reason it is important to maximize those Social Security benefits, yes? According to a […]
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Where Should I Not Move in Retirement?

POSTED ON: November 14, 2019 BY: Kyle Krull
Retiring to certain states is inadvisable. Although America is one nation, it has 50 states. These 50 states have different pros and cons when it comes to retirement. Apparently, some states should be avoided. According to a recent Financial Advisor article titled “Bankrates’ Top 10 Worst States to Retire,” people consider a number of factors […]
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What Is the National Average for Retirement Savings?

POSTED ON: November 8, 2019 BY: Kyle Krull
The average for retirement savings is less than it should be. What do you think of when you hear the word retirement? Do you think of sleeping in? Do you think of travel? Do you think of time with family? Whatever you envision, one thing is certain: it will take money. A recent Investopedia article […]
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Are Senior Women Less Financially Secure Than Men?

POSTED ON: November 6, 2019 BY: Kyle Krull
Senior women tend to enjoy less financial security than their male counterparts. We all have women in our lives. They are our mothers, sisters, daughters, aunts, nieces, and grandmothers. We all want what is best for them. Unfortunately, aging women are a vulnerable population. According to recent a National Council on Aging article titled “The […]
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Should I Rollover My Traditional IRAs to Roth?

POSTED ON: November 6, 2019 BY: Kyle Krull
Rolling traditional IRAs to Roth IRAs may not be the best move. Roth IRAs provide many benefits. Because the money contributed has been taxed, it can grow tax free. When you take out money as income in retirement, you will not have to pay taxes on the contribution or the growth. Although these are appealing […]
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What is Included in a Medicare Advantage Plan?

POSTED ON: November 5, 2019 BY: Kyle Krull
Medicare Advantage plans include more services than Medicare Part A. Medical insurance at any age can be confusing, so it is with Medicare Advantage. The types of Medicare plans and what they offer are no different. It is difficult to distinguish between Part A, Part B, Part D, and Advantage plans. It is literally an […]
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