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Farm

Should Farm Transfers be Planned Now?

POSTED ON: April 12, 2023 BY: Kyle Krull
Farm transfers should be carefully addressed in estate planning. However, running a farm is not for the faint of heart. The weather dramatically impacts the health of soil and crops. Additionally, animals require daily care. According to a recent Successful Farming article titled “Is 50 Too Early For Estate Planning?,” finding time to create an […]
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Blended families

Is Disinheritance a Risk for Blended Families?

POSTED ON: April 11, 2023 BY: Kyle Krull
Blended families have more estate planning "moving parts" to consider. Baking is a relatively benign form of chemistry. Ingredients are combined in specific amounts, at specific times, and at specific temperatures based on how they interact. If done well, the result is a tasty treat. If the ingredients were bad or the measurements were incorrect, […]
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Funeral

What are Required Funeral Costs?

POSTED ON: April 7, 2023 BY: Kyle Krull
Paying for a funeral can be a costly expense. Dying is not cheap in America. Families are often left with a significant bill for the costs of burial. The National Funeral Directors Association lists the median cost of burial as $7,848. The average cost of cremation and a funeral is $6,970. Often, these expenses are […]
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Inheritance

How Should I Time an Inheritance?

POSTED ON: April 6, 2023 BY: Kyle Krull
You can give an inheritance while you are living. Timing can make a big difference. A split second late on a baseball swing can leave you with a strike rather than a home run, yes? Being born a few minutes before midnight on New Year’s Eve gives parents a tax break. According to a recent […]
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Real estate

What Are Options for Transferring Real Estate?

POSTED ON: April 4, 2023 BY: Kyle Krull
Transferring real estate to adult children can be complicated. The current housing climate makes purchasing a home rather challenging. As a result, fewer people are buying and selling. It also underscores the importance of including home transfers in estate planning. According to a recent Urban Turf article titled “How Can Parents Transfer Real Estate to Their […]
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Burial

What Burial Benefits Exist for Veterans?

POSTED ON: March 31, 2023 BY: Kyle Krull
Military veterans often have burial benefits. Members of the armed forces spend part or all of their careers serving the country. The work requires personal sacrifice as military members often miss holidays and important family milestones. While many give the ultimate sacrifice in the line of duty, others eventually enter into civilian life. As Jose […]
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Anxiety

Can Estate Planning Address Anxiety?

POSTED ON: March 30, 2023 BY: Kyle Krull
Anxiety has led to an increase in estate planning. As a result, a lot has changed since the start of 2020. A once-strong economy is now racked with inflation. The COVID-19 lockdowns also rocked the sense of stability and security. According to a recent SI Live article titled “More young adults are creating wills because of […]
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Vitamin D

Can Vitamin D Slow Cognitive Decline?

POSTED ON: March 29, 2023 BY: Kyle Krull
Vitamin D can reduce the likelihood of dementia development. Dementia is a concerning condition for those who are aging or who have an aging loved one. Although not everyone develops this condition, those who develop it can struggle to live independently. Loved ones often have increased concerns over the health and safety of their loved […]
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Life planning

Is Estate Planning also Life Planning?

POSTED ON: March 28, 2023 BY: Kyle Krull
Estate planning is part of life planning. Most people think of death when they consider estate planning. Because people often avoid the unpleasant and uncomfortable, they ignore estate planning conversations. Although this is understandable, it is neither helpful nor accurate. According to a recent aol.com article titled “Estate Planning: 7 Things To Make Sure You Do,” estate planning […]
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Estate planning attorney

How Do I Vet an Estate Planning Attorney?

POSTED ON: March 23, 2023 BY: Kyle Krull
It is important to have a good estate planning attorney. Hiring an estate planning attorney is an important decision. People should not enter into this professional relationship lightly. Asking for recommendations from family, friends, or other professionals can be a good place to start. Whether you find options through recommendations or a web search, you […]
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