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Category: Estate Planning

Trustee

How Much Responsibility Does a Trustee Have?

POSTED ON: April 23, 2024 BY: Kyle Krull
A trustee is responsible for securing and managing trust assets.
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Aging parents

How Can Those in Gen X Prepare to Help Aging Parents?

POSTED ON: April 18, 2024 BY: Kyle Krull
Many members of Gen X are considered part of the sandwich generation as they care for their own children and their aging parents.
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SECURE Act

Do Your IRA Beneficiaries Align with the SECURE Act?

POSTED ON: April 16, 2024 BY: Kyle Krull
The SECURE Act took away the option for a lifetime stretch IRA in estate planning.
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Third-generation curse

How Can Estate Planning Address the ‘Third-Generation Curse?’

POSTED ON: April 11, 2024 BY: Kyle Krull
Thorough communication with heirs about values and various elements of your estate plan could help younger generations better manage their inherited wealth.
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Trusts

Can Irrevocable Trusts Provide Protections and Flexibility?

POSTED ON: April 10, 2024 BY: Kyle Krull
Flexibility in revocable or irrevocable trusts is key to addressing changes in the economy, laws, and family circumstances.
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Checklist

What Should I Include on my 2024 Estate Planning Checklist?

POSTED ON: April 4, 2024 BY: Kyle Krull
A checklist can help in managing and addressing the complexities of estate planning.
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Cognitive decline

How Can My Estate Plan Address Cognitive Decline?

POSTED ON: April 2, 2024 BY: Kyle Krull
Preparing for cognitive decline is a critical aspect of estate planning.
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Inheritances

Can Inheritances Be Protected from Squandering of Young Heirs?

POSTED ON: March 28, 2024 BY: Kyle Krull
With proper estate planning, it is possible to protect heirs from squandering large inheritances.
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Co-owning a vacation home

What are Possible Pitfalls of Co-Owning a Vacation Home?

POSTED ON: March 26, 2024 BY: Kyle Krull
Estate planning can help mitigate some risks and pitfalls associated with co-owning a vacation home.
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Legacy planning

What Legacy Planning Steps Should I Take in 2024?

POSTED ON: March 21, 2024 BY: Kyle Krull
Take action early in 2024 to maximize opportunities for reaching financial and legacy planning goals.
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