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. […]
The cost of long-term care is not going down. People are not all powerful. They cannot stop the steady march of time. Even making healthy decisions does not stop the aging process. As people get older, they require more assistance as their bodies begin to fail. According to a recent The Indiana Lawyer article titled […]
A DNR is not the same as a living will. Accidents and sudden illness are frightening. They can leave people feeling helpless. Without proper incapacity planning, they really might be powerless. According to a recent Florida Today article titled “One Senior Place: Know the difference between ‘living will’ and ‘do not resuscitate’,” it is important […]
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 […]
Incapacity planning requires valid power of attorney documents. Being picky is not always a bad thing. Purchasing expired groceries can lead to illness. Settling on a mate can lead to a lifetime of conflict and insecurity. According to a recent Medical Economics article titled “Avoid powers of attorney mistakes,” granting power of attorney authority to […]
Estate planning mistakes are more common than they should be. Simply creating an estate plan may not be enough. If you take the advice of someone other than an experienced estate planning attorney from your state of residence, you could get yourself into trouble. In fact, you could endanger everyone you love and everything you […]
A family caregiver for a "qualifying" veteran may receive financial compensation. Your loved one served in the military. Your loved one now requires the assistance of a caregiver. Perhaps this is due to age. Maybe it is the result of an combat injury. Whatever the cause, you have taken on the responsibility of caregiver. According […]
Nursing homes are not all the same. Many aging adults spend some time in a nursing home. The staff and nurses can help you live your life when you can no longer be fully independent. Nursing homes can be quite pleasant. Others can be problematic. According to a recent AARP article titled “Finding a Nursing […]
Long-term care is more costly in certain states. The majority of Americans will require long-term care at some point in their lives. In fact, once you reach age 65 the chances of needing long-term care at some point is 70 percent! It is important to plan for this costly expense. You cannot plan properly without […]
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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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