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Pour-over will

When Should I Have a Pour-Over Will?

POSTED ON: October 9, 2023 BY: Kyle Krull
A pour-over will can help tie up loose ends. Revocable Living Trust-based plans work as intended when the trust is funded. Some assets are placed in the trust while the trustmaker of the trust is alive. Other assets are intentionally left out or simply forgotten - more commonly, the latter. According to a recent Coeur […]
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life insurance

How Many Beneficiaries Should Life Insurance Have?

POSTED ON: October 6, 2023 BY: Kyle Krull
Life insurance is traditionally passed through beneficiary designations. Having an income is essential to living in America. Bills must be paid. Groceries must be purchased. Consequently, families who lose a parent with a paycheck are left more vulnerable. According to a recent yahoo! finance article titled “What happens if your life insurance beneficiary dies before you?,” […]
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Estate planning

How is Estate Planning Beneficial?

POSTED ON: October 5, 2023 BY: Kyle Krull
Estate planning is essential for numerous reasons. Many people became more aware of the uncertainty of life during COVID. The media constantly reminded people that death was possible and their livelihood and health were at risk. Although there was a slight rise in people prioritizing estate planning, many still do not have an estate plan. […]
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Massage

Should I Get a Massage to Reduce Blood Pressure?

POSTED ON: October 4, 2023 BY: Kyle Krull
High blood pressure may be lowered with the help of massage. Having high blood pressure is undesirable. It is often a sign of underlying health problems. Blood pressure can be raised through poor lifestyle choices and even stress. According to a recent VeryWell Health article titled “How Massage May Help Lower High Blood Pressure,” physicians recommend […]
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Wills or Trusts

Are Trusts Superior to Wills?

POSTED ON: October 3, 2023 BY: Kyle Krull
Wills and trusts are both useful estate planning tools. The debate over whether wills or trusts are better in estate planning has been argued by many for decades. The nature of this argument may be likened to whether a screwdriver or wrench is a better tool. It depends on what you need for the specific […]
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Exercise

Can I Jump Straight Into an Exercise Routine?

POSTED ON: October 2, 2023 BY: Kyle Krull
Exercise is essential to heart health. Few people really enjoy exercise. The workout itself can often feel frustrating. However, most people do like the sense of accomplishment after their workouts. According to VeryWell Health article titled "3 Best Exercises for Heart Health," all people benefit from physical activity even if they do not enjoy it. […]
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No-contest clause

When Would Someone Use a No-Contest Clause?

POSTED ON: September 29, 2023 BY: Kyle Krull
Having a no-contest clause can reduce the likelihood of estate battles. Estate planning allows you to protect and provide for loved ones. It also enables you to disinherit certain people in your family. Very rarely does providing for your loved ones cause conflict. Cutting someone out of the will certainly can lead to resentment. According […]
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Power of attorney

How Nuanced are Power of Attorney Documents?

POSTED ON: September 28, 2023 BY: Kyle Krull
A power of attorney is key to incapacity planning. People have varying views of estate planning. Some individuals believe it is so simple they can do it all themselves. Others believe having an estate plan is unimportant. Still, others understand estate planning can be nuanced and can benefit from working with an experienced estate planning […]
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Pablo Picasso

What is the State of the Pablo Picasso Estate?

POSTED ON: September 27, 2023 BY: Kyle Krull
The estate of Pablo Picasso is being managed by his daughter. Few artists reach the level of fame of Pablo Picasso. He lived a long life and had a career most only dream of having. Unlike other artists, his work was profitable in his life and after death. According to a recent The Art Newspaper […]
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Bank account

Who Will Inherit My Bank Account Funds?

POSTED ON: September 26, 2023 BY: Kyle Krull
Dead people cannot own a bank account. How assets are treated when you die depends on your forethought and goals. The fate of property can be complicated and confusing. With proper estate planning, the transfer can be straightforward. According to a recent Motley Fool article, "Here's What Happens to Your Bank Account When You Pass […]
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