Kansas and Missouri Estate Planning Blog

Early retirement

Can I Stretch My Money after Early Retirement?

POSTED ON: July 28, 2022 BY: Kyle Krull
Early retirement does not have to mean full retirement. People are not always able to retire when they planned. Sometimes life has a way of throwing us curves. Whether a business downsizing or a serious illness forces early retirement, people may need to be creative when it comes to funding their golden years. According to […]
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Surviving spouse

How Will My Death Affect the Finances of My Spouse?

POSTED ON: June 16, 2022 BY: Kyle Krull
When you lose your mate, you lose so much—your best friend, your equilibrium and your future together. Just when you’re at your lowest, it hits you: You could lose a lot of money, too.
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Social Security for surviving spouse

Why is Timing of Social Security Important?

POSTED ON: May 24, 2022 BY: Kyle Krull
The timing of Social Security claims has a significant impact on finances. With the rise of inflation and cost of living, each penny counts. This is true whether you are single and starting your career or married with children. Those entering retirement may feel the financial stress acutely as income will not be generated by […]
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Elder financial abuse

What are Indicators of Elder Financial Abuse?

POSTED ON: April 6, 2022 BY: Kyle Krull
Identifying elder financial abuse early can minimize the damage. The majority of people do not want to see any harm come to their loved ones. This is why parents monitor the phones and computers of their children and take them to the doctor when they show signs of illness. As parents age, the adult children […]
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Social Security

What Nuances Should I Know About Social Security?

POSTED ON: April 1, 2022 BY: Kyle Krull
Social Security rules can seem confusing. For many, Social Security is an important aspect of retirement income. Because it is insufficient to cover all expenses in retirement, people should also utilize retirement savings accounts. Although people will require more funds than those available through Social Security, the choices one makes regarding this benefit can impact […]
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Moving to a new state

What Should I Consider When Moving to a New State?

POSTED ON: February 3, 2022 BY: Kyle Krull
Moving to a new state requires a review (and possible update) of your estate plan and other consideration. Life has changed significantly since 2020. People have lost or changed jobs. Many have relocated for work. Others simply have chosen to be closer to family or better weather. This is especially true for those who are […]
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Social Security

What are Common Social Security Misconceptions?

POSTED ON: January 17, 2022 BY: Kyle Krull
Many Americans do not understand Social Security. Gone are the days where trading and bartering reigned supreme. Money is required to purchase necessities and, well, pay bills. This makes income essential at every life stage. Cash flow is king, they say. According to a recent Money Talks News article titled “6 Things Many Americans Get […]
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Financial information organization

Is Organizing My Financial Information Necessary?

POSTED ON: December 2, 2021 BY: Kyle Krull
It is important for someone to know your financial information. The right to privacy is a value with many benefits. Even so, there are times where failing to share information can prove problematic. One such area involves health concerns. If the physician providing you with medical care does not know your medications or your health […]
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Aging Parent Finances

How Do I Talk with My Parents about Finances?

POSTED ON: November 2, 2021 BY: Kyle Krull
Conversations with aging parents about their finances can benefit their estate planning. Young children often know little about their parents. This is partly because children are interested in few things but themselves. It also can stem from a family rule about certain topics being off limits. Finances is often one such topic. According to a […]
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Inflation

Will Inflation Jeopardize my Retirement Income?

POSTED ON: October 26, 2021 BY: Kyle Krull
Inflation can threaten retirement if no action is taken. The health of the economy impacts people all across the United States. It influences job security, standard of living, and retirement planning. In the past year, the consumer price index rose by 5.4 percent. According to a recent Kiplinger article titled “How Big of a Threat […]
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