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Category: Estate Planning

Beneficiary

What is the Difference Between an Heir and a Beneficiary?

POSTED ON: October 15, 2024 BY: Kyle Krull
The crucial differences between heirs and beneficiaries impact whether your estate is passed down according to your wishes.
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Talk about money

Why Must Families Talk about Money Together?

POSTED ON: October 10, 2024 BY: Kyle Krull
Although most families prefer not to talk about money, these conversations are vital to effective estate planning.
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Revocable trust

How Can I Avoid Probate with a Revocable Trust?

POSTED ON: October 3, 2024 BY: Kyle Krull
Assets held by a revocable trust can bypass probate and be distributed directly to heirs.
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Senior life plan

Why Should You Create a Senior Life Plan?

POSTED ON: October 2, 2024 BY: Kyle Krull
A senior life plan proactively addresses legal, financial, and medical aspects of aging to minimize stress for loved ones serving as caregivers.
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Women

How Can Women Guard Their Wealth with Estate Planning?

POSTED ON: October 1, 2024 BY: Kyle Krull
Women must be proactive in building and protecting their wealth for retirement because they often live longer but with disrupted income as a result of caregiving.
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Dementia

What the Bruce Willis Dementia Diagnosis Teaches Caregivers

POSTED ON: September 26, 2024 BY: Kyle Krull
Starting early with estate planning can help caregivers more easily support the needs of loved one. When a dementia diagnosis is present, these documents are invaluable.
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taxes

How Can Estate Planning Improve Taxes for Heirs?

POSTED ON: September 24, 2024 BY: Kyle Krull
People should do more than select heirs in their estate planning. They should also take steps to reduce the taxes to their estate.
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quitclaim deed

How Can a DIY Quitclaim Deed be Problematic?

POSTED ON: September 19, 2024 BY: Kyle Krull
Using a quitclaim deed or other DIY deed to transfer property to heirs can lead to greater problems than the ones this method is trying to solve.
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Preparing children for inheritance

Are Your Adult Children Prepared for an Inheritance?

POSTED ON: September 18, 2024 BY: Kyle Krull
Having conversations about financial management and reasoning behind inheritance decisions can prepare your children to manage this gift well.
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Aging

How Can I Age Well at Each Stage of Aging?

POSTED ON: September 17, 2024 BY: Kyle Krull
Understanding various stages of aging can help in preparing for their unique challenges.
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