If you served in the military and live in Overland Park, you may not realize you qualify for extra financial support. The VA Aid and Attendance and Housebound pensions provide income to wartime veterans who qualify. This Veterans Pension can mean thousands more in your pocket each year. Let’s explore how the pension works, what […]
Why Do People Avoid Probate?
Probate is the legal process of settling an estate after someone passes away. It ensures debts are paid and assets are distributed according to a will or state law. While it serves a purpose, many people take steps to avoid probate. In Kansas, probate can be time-consuming, expensive, and stressful for heirs. Understanding why people […]
Elder Law Insight: June Is Alzheimer’s and Brain Awareness Month
June is Alzheimer’s and Brain Awareness Month, and this is a subject that is very important in the elder law community. You should recognize the ubiquity of this looming threat and take the right steps to protect yourself in advance. Let’s look at some eye-opening facts about this debilitating disease before we get into the […]
Is a Living Will the Same As a DNR Order?
When you start thinking about end-of-life planning, you may hear a lot of terms that sound similar. One question many people ask is whether a living will is the same as a DNR order. Both deal with medical treatment decisions, but they serve different purposes. If you live in Kansas, it’s important to understand how […]
Firearms Enthusiasts: Consider a Gun Trust
Firearms Enthusiasts: Consider a Gun Trust If you’re a firearms collector in Kansas, especially one who owns or is considering acquiring NFA-regulated items, it’s worth thinking about how your collection will be handled in the long run. You may already know the process for applying for a tax stamp, completing ATF Form 4, and storing […]
Special Needs Planning: Avoid Unintended Consequences
An estate plan should fit the needs of your family members individually. The right way to leave assets to one child may be entirely wrong for another, especially if that child lives with a disability. Special needs planning gives you tools to provide financial support without putting public assistance at risk. Let’s look at the […]
A Medicaid Waiver Can Enable Aging in Place
There is an unprecedented aging of the population underway due to the maturation of the baby boomers. This phenomenon has been referred to as the “silver tsunami.” Once you attain senior citizen status, it is likely that you will need living assistance eventually. A nursing facility is an option, but many people would prefer to […]
Why Would You Use an Irrevocable Trust?
When you hear that there are revocable trusts and irrevocable trusts, a question may naturally come to mind. Why would you want to give up the freedom to revoke your trust if you have a choice? We will look at the answer to the question in this post, and when you see the complete picture, […]
5 Compelling Reasons to Use a Revocable Living Trust
A revocable living trust is one of the most effective tools in estate planning. It allows you to manage your assets during your lifetime while ensuring a smooth transition to your beneficiaries after you pass away. Unlike a will, a living trust helps you avoid probate, maintain privacy, and provide flexibility in managing your estate. […]
How Can I Tactfully Discuss My Estate Plan With My Family?
Bringing up your estate plan with your family may feel uncomfortable, but avoiding the conversation can create unnecessary confusion and conflict. Clear communication prevents misunderstandings and ensures your loved ones understand your intentions. Thoughtful discussions now can make future transitions smoother and less stressful. Let’s look at the details from an overview. Choosing the Right […]
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