While taking care of the financial aspects is certainly a big part of holistic estate planning, it is also important to cover all your bases on the healthcare front.
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Parman & Easterday are members of the American Academy of Estate Planning Attorneys.

Comprehensive long-term planning involves preparedness for any and all contingencies that you may face during the latter stages of your life. Considering that 70% of people who attain senior citizen status will need long-term care at some point in time, this is something that you have to plan for in advance.
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Parman & Easterday are members of the American Academy of Estate Planning Attorneys.

You may be surprised to find out just how likely it is that you will go through a period of incapacity at some point in your life. Largely due to the ubiquity of Alzheimer’s disease, nearly half of all individuals who are 85 years of age and older suffer from dementia.
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Parman & Easterday are members of the American Academy of Estate Planning Attorneys.

We have a lot of opportunity here in the United States, and many people take advantage of this by starting their own small business.

Of course, your first objective when you go into business is going to be to become profitable. Because of this immediate goal, you may not be thinking long-term at first; and when you are first getting started, how you’re going to exit the business may be the last thing on your mind.
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Parman & Easterday are members of the American Academy of Estate Planning Attorneys.

In the field of estate planning, there are a number of different types of wills that are routinely utilized. Of course, the most commonly understood will is the Last Will. This document, which was once typically referred to as a “Last Will and Testament,” is utilized to express your wishes regarding how you would like your resources to be distributed after your death.
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Parman & Easterday are members of the American Academy of Estate Planning Attorneys.

One of the misconceptions that many people harbor is that they don’t need an estate plan because they would be okay with their next of kin assuming ownership of their assets. It’s the “let them worry about it” approach.  This is a bad decision for a number of different reasons.
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Parman & Easterday are members of the American Academy of Estate Planning Attorneys.

Now that we are in a new year you will see some 2011 elder law statistics released.  Kansas City elder law attorneys are always going to be interested in analyzing current trends. With this in mind the MetLife Mature Market Institute annual survey is a very good resource for those keeping an eye on the costs associated with long-term care.
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Parman & Easterday are members of the American Academy of Estate Planning Attorneys.

Intelligent, forward thinking individuals will start planning for retirement early. The longer you have to accumulate the resources that you will need, the more likely it is that you will reach your goals.
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Parman & Easterday are members of the American Academy of Estate Planning Attorneys.

Contrary to what you may believe, your estate plan is not something that you stick into a time capsule and forget about. The initial estate plan that you devise is going to reflect your life situation as it existed at the time you created this plan.  All you can hope to do is to make your estate planning decisions based on how you felt at the time.
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Parman & Easterday are members of the American Academy of Estate Planning Attorneys.

There are those who think that Medicare is going to take care of all their health care needs once they become eligible. At the present time, the age of eligibility for Medicare is 65.  Of course, everything is always subject to change so this is something to watch closely as your retirement years start to come into focus.
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Parman & Easterday are members of the American Academy of Estate Planning Attorneys.