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Wishing You and Yours a Most Blessed and Merry Christmas 2020!

POSTED ON: December 25, 2020 BY: Kyle Krull
"One Solitary Life" Here is a man who was born in an obscure village as the child of a peasant woman. He grew up in another obscure village. He worked in a carpenter shop until he was thirty and then for three years was an itinerant preacher. He never wrote a book. He never held […]
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Writing an ethical will

Why Should I Write an Ethical Will?

POSTED ON: December 24, 2020 BY: Kyle Krull
Having an ethical will allows you to pass on more than assets. Death can come as a surprise. A global pandemic has underscored this reality. Even when people are fortunate enough to have loved ones at their bedsides when they pass away, much is still left unsaid. According to a recent The Wall Street Journal […]
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Choosing a living trust

What is the Purpose of a Living Trust?

POSTED ON: December 23, 2020 BY: Kyle Krull
Using a living trust is ideal under certain circumstances. When it comes to estate planning, you should thoroughly consider your options. First, you will want to select an experienced estate planning attorney to create your plan. Such an estate planning attorney will create a plan to best meet your unique needs. According to a recent […]
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Social Security for Women

How Can Women Maximize Social Security?

POSTED ON: December 22, 2020 BY: Kyle Krull
Social Security needs may look different for men and women. Women and men are alike in many ways. They are also distinctly different. These differences do not make one better than the other. They may, however, demand specific planning. This is especially true when it comes to retirement planning. According to a Money Talk News […]
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Forgetting financial payments

Is Financial Forgetfulness a Sign of Dementia?

POSTED ON: December 21, 2020 BY: Kyle Krull
Dementia can be recognized through financial forgetfulness. All people can be forgetful occasionally. Forgetfulness is not always an indicator of dementia. However, it is a symptom. According to a recent Medical Express article titled “Older adults with dementia exhibit financial 'symptoms' up to six years before diagnosis,” financial forgetfulness is correlated to higher rates of […]
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Probate complications

How Complicated is the Probate Process?

POSTED ON: December 18, 2020 BY: Kyle Krull
Probate is particularly complicated when there is no last will and testament. Settling an estate can take time. The executor who is named in the will must be approved by the probate court. When this is done, the executor can inventory and secure assets, notify creditors, pay debts and bills, distribute assets, and file the […]
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Separate trusts or joint trusts

Should We Create Separate Trusts or Joint Trusts?

POSTED ON: December 16, 2020 BY: Kyle Krull
Married couples should weigh pros and cons of joint trusts and separate trusts. Perhaps you have been married for just a short time. Maybe you are celebrating another decade of life together. Either way, you are wanting to include trust planning in your estate plan. You must now answer whether you want joint trusts or […]
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Veterans

Are Some States Better for Veterans in Retirement?

POSTED ON: December 16, 2020 BY: Kyle Krull
Some states are better for veterans in retirement than others. You are a member of the United States Armed Forces. In the military, you have served others for your entire career. You have been deployed, and you have been relocated with your family.s Now, you are planning for retirement and trying to decide on where […]
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Change of beneficiary forms

When Should I Use Change of Beneficiary Forms?

POSTED ON: December 15, 2020 BY: Kyle Krull
Change of beneficiary forms are useful when updating an estate plan. You know who you want to inherit your assets. But they are not the same folks as from a few years ago. Your circumstances have changed. I get that. So, you updated your last will or your revocable living trust. Excellent. However, according to […]
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Trustee or executor

What are Responsibilities of an Executor or Trustee?

POSTED ON: December 14, 2020 BY: Kyle Krull
Serving as a trustee or executor requires fulfillment of several duties. Perhaps family members or friends have asked you to serve as the executor, trustee, or agent in their estate plan. You are not sure what this means. They tell you the role is essentially following their instructions in their estate planning documents. Although this […]
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