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 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 […]
Dementia increases COVID-19 risks. Certain conditions are often connected having greater risk factors when it comes to specific infections or viruses. This is no different with COVID-19. A previous blog post outlined connections between obesity and COVID-19 complications. According to recent ABC News 2 article titled “Ohio university study shows people with dementia are more […]
Everyone needs to plan for retirement. Retirement may be couple of years away or a couples of decades away. Either way, it is coming. You may be able to choose the time of your retirement. Cutbacks or health issues may force you into retirement earlier than anticipated. According to a recent Nasdaq article titled “Do […]
Mental health services are important for many seniors. How mental health is viewed and understood has changed significantly over the years. Even so, many people still think mental health services involve straightjackets and institutions for dangerous individuals. In reality, most people could benefit from mental health services at some point in their lives. According to […]
Take steps to save on healthcare costs in retirement. You are entering retirement soon. Perhaps you have already retired. Either way, you know aging brings with it additional healthcare costs. According to a recent Motley Fool article titled “How to Save Money on Healthcare in Retirement,” these medical costs will likely be your largest expense […]
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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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