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Category: Estate Planning

Farm families

Should Farm Families Use a Trust for Estate Planning?

POSTED ON: February 9, 2021 BY: Kyle Krull
Farm families have a lot to lose with inadequate estate planning. You are a farmer. You are in the business of farming. The farm has been in the family for generations. Perhaps your children intend to keep the a farm running after you die. Maybe your children have different careers in mind. Do you have […]
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Reasons for estate planning

Is There More to Estate Planning Than a Will?

POSTED ON: February 8, 2021 BY: Kyle Krull
Estate planning is one important step to caring for your loved ones after your incapacity or death. I have heard many excuses over my career as an estate planning attorney. Many people think estate planning is only for the super wealthy. Others believe it is only important if they are married or have children. These […]
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Fragile beneficiaries

Are My Heirs Considered Fragile Beneficiaries?

POSTED ON: February 5, 2021 BY: Kyle Krull
Fragile beneficiaries require thoughtful estate planning. You have recently been thinking about your estate plan. You know who you love and what you have. However, you are not sure about who you want to include as the inheritors of your estate. You feel torn. While some potential heirs are fully capable of handling an inheritance, […]
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Digital estate plan

What Should I Prioritize in My Digital Estate Plan?

POSTED ON: February 4, 2021 BY: Kyle Krull
Your digital estate plan should satisfy your needs. We live in a largely digital world. Agreed? Few people can avoid electronics completely. Some people have fully and happily embraced the digital world. Others simply adopt only what is necessary for daily life. According to a recent Next Avenue article titled “Why You Need a Digital […]
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Retirement questions

Am I Asking the Right Retirement Questions?

POSTED ON: February 3, 2021 BY: Kyle Krull
People of all ages have retirement questions. At least they should. Regardless, most people think about retirement at some point throughout their careers. Some envision a life outside of the office. They imagine traveling, devoting time to hobbies, and visiting grandchildren. Others primarily consider the financial implications of retirement. According to a recent Kiplinger article […]
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After spouse dies

Can a Checklist Help Me After My Spouse Dies?

POSTED ON: February 2, 2021 BY: Kyle Krull
You may need to tackle a checklist after the death of your spouse. Loosing the love of your life is hard. This is, of course, an understatement. Nothing can prepare you for the pain of such a loss. Unfortunately, the world ignores this burden and continues to make demands. According to a recent Forbes article […]
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Marilyn Monroe

How Does the Marilyn Monroe Estate Make Money?

POSTED ON: February 1, 2021 BY: Kyle Krull
The estate of Marilyn Monroe is still generating income. And lots of it, too. Many actors, musicians, and models have lived and died in Hollywood. Some have found success both personally and professionally. These fortunate individuals died surrounded by friends and loved ones. For others, success took a tragic turn. According to a recent Cheat […]
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Unfunded trust

How Does One Remedy an Unfunded Trust?

POSTED ON: January 29, 2021 BY: Kyle Krull
An unfunded trust will undermine your estate planning. Your estate planning goals included avoiding probate. You also desired to simplify asset management should you become incapacitated. Consequently, your experienced estate planning attorney recommended a revocable living trust. You agreed and happily signed the papers for the creation of your living trust. According to a recent […]
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The Charles Schulz estate

Is the Charles Schulz Estate Still Making Money?

POSTED ON: January 28, 2021 BY: Kyle Krull
Charles Schulz is still generating income in death. Growing up, I loved the Peanuts comics and television specials. I still do. As an adult, seeing Charlie Brown, Woodstock, and Snoopy still brings a smile to my face. I passed this fondness to my own children. Often cards I receive on birthdays from them feature one […]
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Estate planning checklist

What Should I Add to My Estate Planning Checklist?

POSTED ON: January 27, 2021 BY: Kyle Krull
An estate planning checklist can keep you accountable and organized. When it comes to estate planning, creating and reviewing your plan is a significant step. Without an estate plan in place, you will leave the settlement of your affairs up to the probate courts and the laws of your state. This is not ideal. Your […]
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