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Planning for the future

What Steps Can I Take to Prepare for the Future?

POSTED ON: August 18, 2023 BY: Kyle Krull
Preparing for the future involves getting your affairs in order. People tend to fall into two camps. They either constantly worry about the future or never consider how their current actions will impact them in the days, months, and years to come. Neither is particularly helpful. According to a recent National Institute on Aging article […]
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Storing estate planning documents

How Should I be Storing My Estate Plan?

POSTED ON: August 17, 2023 BY: Kyle Krull
Storing legal documents in a secure location is necessary. Some people are meticulously organized. Others are fairly tidy but have no rhyme or reason for their physical spaces. Still, others live in complete chaos. According to a recent The Washington Post article titled “Aretha Franklin’s will was in her couch. Here’s where to keep yours,” some […]
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Living trusts

How Do Living Trusts Differ from Wills?

POSTED ON: August 16, 2023 BY: Kyle Krull
Living trusts and wills are both effective in distributing an inheritance. In times past, ancient pharaohs and other royalty were buried with portions of their wealth. This is no longer a common practice. Nowadays, people generally believe you cannot take your stuff with you when you die. As one old saw holds, "You will never […]
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Funeral trust

What is an Irrevocable Funeral Trust?

POSTED ON: August 15, 2023 BY: Kyle Krull
An irrevocable funeral trust can help in paying for memorials and burials. People set aside money for a lot of things. Many save for tangible items like a car or a home. Others set aside funds for events or experiences like weddings, vacations, or education. According to a recent Yahoo Finance article titled “Pros and Cons […]
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Generalized weakness

What Causes Generalized Weakness?

POSTED ON: August 14, 2023 BY: Kyle Krull
Generalized weakness can have numerous causes. Aging changes the body. Ask anyone over 30. A common complaint of folks a few decades beyond age 30 is a sense of feeling weak and tired. Sometimes, this is a result of merely getting older. Other times, the generalized weakness is a symptom of a more serious ailment. […]
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Bank accounts

How are Bank Accounts Inherited?

POSTED ON: August 11, 2023 BY: Kyle Krull
Bank accounts do not have to pass through probate. With most actions in life, there is typically an easy and a hard way to accomplish the same task. Although one can hand wash every plate, bowl, fork, knife, and spoon after dinner, it is more efficient to simply load and run a dishwasher. Sometimes easy […]
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exercise

How Does Exercise Benefit the Brain?

POSTED ON: August 10, 2023 BY: Kyle Krull
Exercise benefits numerous organs, including the brain. Stereotypes in media often separate athletics from intelligence. Those who are bright seem never to exercise. Those who are not-so-bright work out often. According to a recent Prevention article titled "These 5 Exercises Boost Brain Health and Improve Memory, Study Finds," this binary representation of people having intelligence […]
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Death of spouse

What Responsibilities are Triggered by the Death of a Spouse?

POSTED ON: August 9, 2023 BY: Kyle Krull
The death of a spouse means additional responsibilities. Being married has numerous benefits. It allows for constant companionship and emotional support. It also enables couples to divide responsibilities and lighten individual burdens. According to a recent Forbes article titled "What To Do After The Death Of A Spouse," these benefits are immediately lost after a […]
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Aretha Franklin

What was the Fate of the Aretha Franklin Estate?

POSTED ON: August 8, 2023 BY: Kyle Krull
The estate of Aretha Franklin took years to settle. Communication is essential in various aspects of life. Spouses with poor communication can quickly grow apart and find resentment building. Inadequately outlined procedures and structures can be the bane of businesses. Failing to share about estate planning wishes can lead to costly court battles. Understatement. According […]
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Letter of instruction

How Can I Organize my Letter of Instruction?

POSTED ON: August 7, 2023 BY: Kyle Krull
A letter of instruction supplements legal estate planning documents. Some things are unnecessary but are helpful. For example, TSA pre-check and Global Entry are not required to travel by air. Those who travel by airplane infrequently may find the cost of these to be unjustifiable. Others who fly frequently internationally and domestically for business or […]
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