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Estate plan procrastination

Why Do People Justify Having No Estate Plan?

POSTED ON: May 19, 2022 BY: Kyle Krull
Having no estate plan is risky for anyone. Stated goals do not always align with what people actually choose to do. Many people make resolutions to improve their health, but fail to follow through on an exercise plan or eating healthy. Health clubs full in January resemble a ghost town by March. Students often want […]
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Supplements

What Supplements Interact Poorly with Prescriptions?

POSTED ON: May 18, 2022 BY: Kyle Krull
Prescriptions drugs and supplements do not always play nice together. Certain things like peanut butter and jelly or steak and potatoes pair well together. Others do not. A common and relatively harmless example is oil and water. According to a recent AARP article titled “6 Supplements That Don’t Always Mix With Prescription Drugs,” other seemingly harmless […]
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Vision impairment and dementia

Can Reversing Vision Loss Prevent Dementia?

POSTED ON: May 17, 2022 BY: Kyle Krull
Having better vision can lead to a lower risk of dementia. A lot of research on disease focuses on identifying potential risk factors. By studying correlations between ailments and specific variables, researchers hope to help people prevent the development of certain diseases. One popular disease to study is dementia. In case you have noticed, I […]
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Michael Nesmith

What is Wrong with the Estate of Michael Nesmith?

POSTED ON: May 16, 2022 BY: Kyle Krull
The fate of the Michael Nesmith estate is uncertain at this time. It is an all-to-common story. A celebrity dies and leaves behind either no estate plan or an inadequate estate plan. This results in confusion surrounding the fate of the estate. According to a recent Monterey County Weekly article titled “Michael Nesmith's four children […]
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Non-probate assets

How Are Non-Probate Assets Distributed?

POSTED ON: May 13, 2022 BY: Kyle Krull
Non-probate assets are commonly overlooked in estate planning. Estate planning involves a lot of unique words like last will and testament, probate, and assets. While these words are uncommon in the daily vocabulary of most individuals, they are important words to understand. A last will is a formal legal document used to guide a probate […]
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Protecting inheritance in divroce

How Can I Protect My Inheritance from Divorce?

POSTED ON: May 12, 2022 BY: Kyle Krull
A revocable inheritance trust is useful in the event of divorce. Although people do not enter marriage hoping for or expecting a divorce, separations and divorces are nevertheless fairly common. Going through a divorce takes emotional, physical, and mental energy. <Understatement?> It also can be quite expensive in terms of legal fees and divorce agreements. […]
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Items not wanted as an inheritance

Will Certain Items Be Rejected by My Heirs?

POSTED ON: May 11, 2022 BY: Kyle Krull
Certain items may be appreciated more by others than your heirs. You likely have heard the phrase “one person’s trash is another’s treasure.” This statement is certainly proven true at garage sales and online marketplaces. The alternative is also true. What some people treasure, others finds worthless. According to a recent Next Avenue article titled […]
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Portability

Why Should Farmers Elect Portability?

POSTED ON: May 10, 2022 BY: Kyle Krull
Farmers should utilize portability in their estate planning. Farming is not an easy profession. Those who care for their land and animals know the will and ability to do this work is in their blood. Many have inherited the drive, perseverance, and diligence from their ancestors. While the character of a farmer may be instilled […]
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Fundamental estate planning

Communication is Key in Generational Estate Planning

POSTED ON: May 10, 2022 BY: Kyle Krull
For most families, the estate planning process is more involved than simply naming beneficiaries. While the primary goal of estate planning is transferring assets in an orderly and tax-efficient manner, it’s just as important to focus on preserving wealth across generations.
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Skin patch

How Can a Skin Patch Benefit Dementia Patients?

POSTED ON: May 9, 2022 BY: Kyle Krull
One treatment for dementia may include a skin patch. What do you envision when you think of skin patches for health purposes? Perhaps you think primarily of nicotine patches used to encourage the cessation of smoking. Although this may be the most commonly known function, transdermal patches are used for a variety of ailments to […]
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