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Estate planning checklist

What Should an Estate Planning Checklist Address?

POSTED ON: June 11, 2021 BY: Kyle Krull
Creating a checklist when preparing your estate plan is an excellent idea. Some people really like checklists. I know I do. [In fact, I have a checklist for my Friday household cleaning chores sitting right beside me. I will take up that list right after I finish this blog post.] There is great satisfaction in […]
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What Are Risky Procedures for Seniors?

POSTED ON: June 10, 2021 BY: Kyle Krull
Seniors should avoid risky procedures for older adults. Surgeries are taxing on bodies at any age. Whether inpatient or outpatient procedures, they involve significant care and recovery. Even so, younger bodies are often better able to handle and heal from surgeries. According to a recent Considerable article titled “These 10 surgeries are considered “uniquely high […]
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Estate planning is necessary

Why is Estate Planning Necessary?

POSTED ON: June 9, 2021 BY: Kyle Krull
Estate planning is necessary for adult Americans. Adults have many responsibilities. They pay bills, go to work, and may even be caring for children or aging loved ones. In the midst of hectic schedules, it is all too easy to forget important tasks. According to a recent Big Easy Magazine article titled “Estate Planning Is […]
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Warning signs of dementia

What are Warning Signs of Dementia?

POSTED ON: June 8, 2021 BY: Kyle Krull
A checkup should be scheduled when warning signs of dementia are first noticed. Your loved ones are getting older. Each time you visit, you notice new lines crossing their faces, especially if time and distance make those visits less frequent than you would like. You have also recognized changes in memory and temperament. According to […]
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Arlington National Cemetery

Who Can Be Buried at Arlington National Cemetery?

POSTED ON: June 7, 2021 BY: Kyle Krull
Arlington National Cemetery is expected to update its rules for burial eligibility. Millions of men and women have and continue to serve in the U.S. Armed Forces. Many of these soldiers, sailors, airmen, and marines have died in the line of duty. Others have passed away after returning home to civilian life. According to a […]
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Blended families

How Is Intestacy a Problem for Blended Families?

POSTED ON: June 4, 2021 BY: Kyle Krull
Blended families require special considerations, especially when it comes to estate planning. Blended families are common in America. Many adults get married and have children, then divorce and remarry. Some then lather, rinse, and repeat. Although common, remarriage creates more complex family systems. More complex family systems can be a nightmare without proper estates planning. […]
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Estate planning

How Can I Use Each Quarter for Estate Planning?

POSTED ON: June 3, 2021 BY: Kyle Krull
Each quarter of the calendar year provides opportunities for estate planning. Businesses often divide their fiscal calendars into quarters. There are often benchmarks and checkups scheduled every three months. Doing so allows the business to better understand and manage its financial health. According to a recent Victoria Advocate article titled “Make quarterly payments to estate […]
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Gifting to children

When Should My Children Inherit?

POSTED ON: June 2, 2021 BY: Kyle Krull
Several strategies exists when it comes to providing inheritances to children. People loving giving advice. It seems everyone has an opinion about something. People especially love giving advice about parenting. According to a recent The Wall Street Journal article titled  “When to Give Inheritance Money to Your Kids,” you may get conflicting messages about when your […]
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SLAT

Can Both Spouses Have a SLAT?

POSTED ON: June 1, 2021 BY: Kyle Krull
Married Americans may be able to use a SLAT in their estate planning. Estate taxes allow the government to take a portion of what people own when they die. Some people will only be impacted by this at the federal level. Others will owe money to both federal and state governments, if the latter imposes […]
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Biden tax plan

What is the Biden Tax Plan?

POSTED ON: May 28, 2021 BY: Kyle Krull
The proposed tax plan would impact the estate planning of many Americans. In leadership transitions, you can expect changes. You can see this with college athletics. When one coach is fired and a new coach is hired, the new coach selects a team of assistant coaches and new recruits. One may argue this is why […]
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