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Category: Estate Planning

Spouses

Should Spouses Use Separate Attorneys?

POSTED ON: December 30, 2022 BY: Kyle Krull
Spouses may benefit from different estate planning attorneys. Married couples tend to share a lot of things. They often share a home, responsibilities, and finances. However, there may be some things partners may choose to keep separate. These can include inheritances for children from previous marriages and personal debts brought into the marriage. According to […]
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Sibling inheritance

Will My Children Argue Over Their Inheritance?

POSTED ON: December 29, 2022 BY: Kyle Krull
Sometimes sibling rivalries extend to their inheritance. Siblings do not always get along. It is normal to bicker and argue while growing up. Most parents hope their children will grow out of such childish behavior and do their best to facilitate love and cooperation. According to a recent yahoo! article titled “Can a Sibling Take […]
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Widow

Who Can a Widow Look to For Help?

POSTED ON: December 28, 2022 BY: Kyle Krull
A new widow may require help from experts. Losing a spouse is never easy. It is heartbreaking to no longer have your best friend and partner. This is true whether you have been married months or decades. The death of a spouse means loss of present and future love and companionship. According to a recent […]
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Estate planning conversations

How to Start an Estate Plan Conversation

POSTED ON: December 27, 2022 BY: Kyle Krull
Having conversations about estate planning can seem unpleasant during the holidays. Estate planning is not known to be a particularly happy topic. It involves facing our shared human condition of certain mortality, let alone potential morbidity. Most people simply prefer to ignore these facts of life. According to a recent Forbes article titled “Holiday Season […]
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Trust

When Is a Good Idea to Use a Trust?

POSTED ON: December 21, 2022 BY: Kyle Krull
A trust can be useful in various estate planning situations. More John F. Kennedy assassination-related documents were recently released to the public. This brings to mind the topics of death and wealth. Death often takes us and our loved ones by surprise. Before this happens it is important to have an estate plan in place. […]
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Trust

Should I Choose a Will or a Trust?

POSTED ON: December 16, 2022 BY: Kyle Krull
Yes! A last will and testament and a revocable living trust are both effective estate planning tools. Estate planning does not look the same for everybody. The lives of singles look vastly different than those of married couples. It only makes sense their estate plans would also look different. According to a recent The News-Enterprise […]
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Emergency

Am I Prepared for an Emergency?

POSTED ON: December 14, 2022 BY: Kyle Krull
Some documents are essential in an emergency. Most people think tragedy will strike anyone but them. When serious accidents, debilitating illnesses, or natural disasters do happen, they are disorienting and frightening. People are thrust quite suddenly into emergency situations. According to a recent MarketWatch article titled “3 tasks your family needs to complete to ease […]
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Guardian

Should I Accept an Appointment as Guardian?

POSTED ON: December 12, 2022 BY: Kyle Krull
Serving as a guardian is a significant responsibility. Estate planning is important at any life stage. Each stage has its own specific concerns to be addressed. Young adults must prioritize agents to make medical and financial decisions for them in the event of incapacity. Older seniors must consider how to best pass what remains of […]
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Will contest

Can You Counter a Will Contest?

POSTED ON: December 8, 2022 BY: Kyle Krull
Some people cannot avoid a will contest despite their best efforts. Estate battles of the rich and famous are often in the news. Small mistakes in ones estate planning can put thousands or millions of dollars in assets at risk. For example, John Lennon failed to name is first son in his last will. The […]
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Michael Fuchs

What Will Michael Fuchs Owe in His Divorce?

POSTED ON: December 6, 2022 BY: Kyle Krull
Michael Fuchs and his wife Alvina Collardeay-Fuchs are divorcing. While people may be equal in their inherent worth and value, they do not have the same financial situations. Some individuals have far more to lose financially than others. Billionaires may have more to lose than most of us can ever imagine earning. According to a […]
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