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Trusts protect inheritances

Can a Trust Protect the Inheritance of My Children?

POSTED ON: May 12, 2021 BY: Kyle Krull
Creating a trust can provide estate planning protections for your children. Your children are adults in the eyes of the world. Even so, your adult children will always be your babies. As such, you still want to protect them. Some children grow up and other children just keep having more birthdays. According to a recent […]
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Lack of sleep and dementia

Does Lack of Sleep Lead to Dementia?

POSTED ON: May 11, 2021 BY: Kyle Krull
The amount of times a person sleeps may be a risk factor for dementia. Sleep is important. For anyone who has stayed up later than expected or had to wake up earlier than desired, this seems like common sense. A lack of sleep can make us irritable and sluggish. According to a recent The New […]
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Gifting strategies

How Can Gifting Fit into My Estate Plan?

POSTED ON: May 10, 2021 BY: Kyle Krull
Gifting is a popular estate planning and wealth transfer tool. You are considering giving money to charities or family members as part of your estate planning strategy. Perhaps you are what is now considered "wealthy" and desire to use the gift tax exemption to decrease your taxable estate. Maybe you may simply enjoy supporting a […]
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Dementia

Can Gum Health Impact Dementia Development?

POSTED ON: May 7, 2021 BY: Kyle Krull
Poor gum health and dementia may be related. As people age, certain illnesses become more common. One such illness is dementia. Although many seniors have dementia, not all elderly develop this problem with their cognitive functioning. Nevertheless, it is important to know if there are any habits or personal practices we can curb, begin, or […]
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Inherited IRAs

How Should I Handle Inherited IRAs?

POSTED ON: May 6, 2021 BY: Kyle Krull
Inherited IRAs are subject to comprehensive federal rules. An important part of retirement planning is saving money in a traditional IRA or 401(k). These tools provide an opportunity to save for retirement while deferring taxes on the contributions. Through investment, these accounts can grow to provide a sizable income for you in retirement. According to […]
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Estate planning for young families

How Does Estate Planning Benefit Young Families?

POSTED ON: May 5, 2021 BY: Kyle Krull
The cost to young families without an estate plan is high. Young families are busy. Understatement. Diaper changing, potting training, doctor visits, meal times, and bedtime routines are exhausting. Many parents feel as if their lives are in constant motion and chaos. They can barely muster enough energy to go to bed much less think […]
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Digital assets and cryptocurrency

Is Estate Planning for Digital Assets Simple?

POSTED ON: May 4, 2021 BY: Kyle Krull
Your "digital assets" require estate planning, too. Traditionally, estate planning has involved the transfer of property like real estate, collections, bank accounts, and investments to the next generation. Although this is still accurate, your property likely includes digital assets now. According to a recent Tech Crunch article titled “What happens to your NFTs and crypto […]
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Powers of attorney

What Should I Know About Powers of Attorney?

POSTED ON: May 3, 2021 BY: Kyle Krull
Powers of Attorney are necessary for incapacity planning. It is impossible to predict the future. Sudden illnesses, car accidents, or work injuries can leave you and your family in a precarious position. This danger is heightened if you failed to put fundamental legal protections in place. According to a recent My Prime Time News article […]
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Family-owned business

How Can I Preserve My Family-Owned Business?

POSTED ON: April 30, 2021 BY: Kyle Krull
A family-owned business will likely fail without a business succession plan. You run a family-owned business. Serving your clients or customers brings you both joy and income. In fact, your business is your most significant financial asset. This means you have much to lose through life events, whether disability, retirement, or death. According to a […]
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Marilyn Monroe heirs

Who Inherited the Marilyn Monroe Estate?

POSTED ON: April 29, 2021 BY: Kyle Krull
Marilyn Monroe had no family to inherit her estate. Few starlets have captured the hearts of generations like Marilyn Monroe. As Elton John sang, "Goodbye, Norma Jean." Her success on screen and her tragic death in 1962 have piqued admiration and speculation, respectively. Unlike many other celebrities, Marilyn Monroe had an estate plan when she […]
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