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 […]
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 […]
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 […]
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 […]
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 […]
A living trust is a useful tool. Your estate plan needs a trust. Perhaps this is because you need to avoid an estate tax, whether at the state or the federal level. Maybe you have irresponsible heirs or heirs who are minors. Perhaps you simply want to avoid probate. According the a recent Yahoo! Finance […]
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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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