Long-term care insurance will not be reformed, at least by federal government edict. The numbers are sobering when it comes to the likelihood of needing long-term care. It is well worth your time to read an in-depth study on this subject from the U.S. Department of Health & Human Services. Spoiler alert: the risk of […]
Scammers are committing long-term care insurance fraud. Paying for long-term care is a daunting expense in retirement. Medicare does not provide coverage for these services. For this reason, many people must seek alternative means of payment. One such option is long-term care insurance. According to a recent The Street article titled “How to Protect Yourself and […]
Financial Powers of Attorney grant both authority and responsibility. You have been granted financial power of attorney. This action speaks to your character and trustworthiness. You are flattered. You are also a bit worried. And with good reason. You are not quite certain what responsibilities (and potential liabilities) you have under the financial power of […]
Long-term care insurance can support your health and your savings. Everyone ages. Each year, you take another trip around the sun. You may be perfectly healthy now. Even so, your body (and mind) will wear down. You can make bank on that fact of life. According to a recent Forbes article titled “Is Long-Term Care […]
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 […]
Long-term care insurance helps cover costs. You are getting older. Your children are adults with their own families. Now they are the "sandwich generation"! Perhaps they have moved away because of their careers. Either way, you cannot think of one who would be able to provide full-time caregiving should you eventually require it. According to […]
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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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