A care plan can reduce stress when caring for aging loved ones. Aging often reduces independence. Sometimes, this happens in degrees. Other times, it occurs suddenly. According to a recent Nerd Wallet article titled “Create a Care Plan for Older Parents (or Yourself),” many seniors and their families are woefully unprepared for the level of support aging […]
Medicare does not cover all medical expenses. Many Americans must enroll in Medicare at age 65. This transition from private or business insurance can trigger mixed feelings. For some, reducing paying for expensive insurance premiums is a welcome change. For others, Medicare means entering a new aging stage and navigating a different type of healthcare. […]
Choosing a nursing home requires thoughtfulness and thoroughness. As loved ones age, they may lose independence in an instant. Whether through a fall or as the result of an illness, loved ones who enter a hospital may need more care than you can provide when they are released. In these situations, a nursing home or […]
Long-term care insurance is better to purchase before you need it. Once again, I have mastered the obvious. As people age, financial priorities shift. Sometimes, this is a result of changes in circumstances. Other times, it stems from gained wisdom and experience. When it comes to preparing for retirement and health care needs, all of […]
Family caregivers for seniors are often rearing their own children simultaneously. It is hard for many people to imagine their parents aging. Parents are the ones who reared them and took care of them physically and emotionally as children. These same loved ones who provided so much care and support will eventually require assistance. That […]
Long-term care can drain your assets significantly if you do not prepare. As people age, their bodies become more fragile. Eventually, they require assistance from others. For some, their health status may be strong enough to simply move in with a loved one who has few responsibilities. Even with loved ones willing and capable of […]
Elder law and estate planning are not synonymous. Your parent is getting older. In fact, you are recognizing signs of memory problems as well as physical frailty. Although your parent can live independently now, you recognize this will not last forever. You do not know what to do. According to a recent Forbes article titled […]
Life insurance can be useful in a variety of circumstances. Many people purchase life insurance policies when they have young families. They want to provide income for their spouse and children if they were to die. After all, life insurance is the only financial product that can create an "instant estate" before you have time […]
Long-term care is especially important for women to consider. As we age, we require more assistance. For some, failing memory can create dangerous situations. For example, people may take more medication doses than necessary or set kitchen fires by forgetting food left on the stove or that the gas has been left on. Those who […]
You may be able to deduct long-term care costs on your tax return. Few people get excited about filing taxes. For many, organizing and reviewing paystubs, receipts, and health insurance forms is tedious and unpleasant. [Count yours truly among that many, but fortunately Gretchen takes care of all of that!] Although filing taxes takes time […]
Commercial solicitations are permitted by the Missouri Rules of Professional Conduct but are neither submitted to nor approved by the Missouri Bar or the Supreme Court of Missouri.
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.
REMEMBER: “The choice of a lawyer is an important decision and should not be based solely upon advertisements.” This statement is required by rule of the Supreme Court of Missouri.
