Kansas and Missouri Estate Planning Blog

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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Is Long-Term Care Insurance Expensive?

POSTED ON: October 18, 2019 BY: Kyle Krull
Answer: Not having this long-term care coverage can be far more expensive than having it. Why? Life is unpredictable. You cannot know whether you will die young or old. There is no predicting how quickly your body will fail as you age. In short, there are no certainties when it comes to the aging process. […]
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When Should I Get an Estate Plan?

POSTED ON: October 2, 2019 BY: Kyle Krull
Estate planning is for everyone. Perhaps you are a young adult. Maybe you are married with small children. You could be divorced and remarried. According to a recent Cincinnati Business Courier article titled “Estate planning considerations for every stage of life,” estate planning is always relevant and necessary. Death and incapacity can come out of […]
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Should I Retire in Another State?

POSTED ON: October 1, 2019 BY: Kyle Krull
Choosing where you retire will be influenced by a number of factors. You are nearing retirement. You have so many adventures ahead of you. The big question is where will these retirement adventures take place? According to a recent The Motley Fool article titled “4 Reasons to Relocate in Retirement,” you need to consider a […]
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How Can I Help My Aging Parents with Their Financial Matters?

POSTED ON: September 26, 2019 BY: Kyle Krull
Your aging parents may need assistance with financial matters. Your parents are getting older. As such, they are starting to forget little things. These little things could become a bid deal if they involves their finances. According to recent ABC7 On Your Side story titled “Six tips for managing an elderly parent’s finances,” adult children […]
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