Kansas and Missouri Estate Planning Blog

How Should I Be Planning for Nursing Home Care?

POSTED ON: March 29, 2020 BY: Kyle Krull
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 […]
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How can I "Fund" a Special Needs Trust?

POSTED ON: March 20, 2020 BY: Kyle Krull
Funding a special needs trust can be done in a number of ways. You have a loved one with special needs. Your loved one is dear to you and you provide essential support now, but you cannot ensure that you will always be around. Death and even incapacity may be around the corner for you. […]
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What are Common Estate Planning Myths?

POSTED ON: March 2, 2020 BY: Kyle Krull
Estate planning myths are quite prevalent. There is a lot of confusion surrounding the laws regarding trusts and estates. Well meaning people speak out of turn. Unqualified people give advice. According to a recent Cherokee Tribune & Ledger-News article titled “I’m dead, now what? Myths about deaths in Georgia,” these estate planning myths can lead […]
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Does Medicare Cover Long-Term Care Costs?

POSTED ON: February 5, 2020 BY: Kyle Krull
Long-term care costs require more than Medicare to pay for them. Americans are living longer. That is good news. Hopefully, you are one of them. If you are, chances are you will require long-term care at some point. Frequently cited numbers suggest about a 70% chance of needing some form of long-term care at some […]
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What Paperwork Should I Keep This Year?

POSTED ON: January 16, 2020 BY: Kyle Krull
Paperwork has a time limit. Or does it? With the beginning of each new year, we look around and wonder what to do with it. For many people, this is a good time to declutter their paperwork. We all have files. These could be purchase receipts, tax documents, or official correspondences. According to a recent […]
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Should I Discuss Money Matters Before Remarriage?

POSTED ON: December 10, 2019 BY: Kyle Krull
Remarriage requires careful planning. The holidays are a popular time for engagements. Wedding plans may now in the works for you. Congratulations! All marriages take careful planning and involve important discussions about finances and futures. According to a recent U.S. News & World Report article titled “6 Financial Considerations for Remarriage,” these discussions are even […]
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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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Special Needs Trust for Child with Special Needs?

POSTED ON: October 30, 2019 BY: Kyle Krull
A special needs trust is necessary to preserve essential public assistance benefits. You have a child with special needs. You know you will not always be around for them. To be blunt, what will happen to your child when you and your spouse are both deceased? According to a recent KAKE article titled “How a […]
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Why Should I Consider Lifetime Giving?

POSTED ON: October 23, 2019 BY: Kyle Krull
Lifetime giving can have estate planning benefits. In just a week, it will be Halloween. Children will be dressed in costumes to go trick-or-treating with parents. Adults will leave their house lights on to give candy to these little visitors. In fact, the last three months of the year carry with them a uniquely “giving” […]
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