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Category: Estate Planning

What Celebrities Made Estate Planning Blunders?

POSTED ON: March 19, 2020 BY: Kyle Krull
Celebrities have been known to make terrible estate planning mistakes. In our culture, the lives of celebrities can be quite public. In fact, most of them pay a lot a lot of money to personal public relations firms so we do not forget about them! We can find out their relationship status, favorite brands, and […]
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Our Law Firm COVID-19 Response

POSTED ON: March 17, 2020 BY: Kyle Krull
Our Law Firm COVID-19 Response With the current events surrounding COVID-19, we are reminded of the frailty and unpredictability of life. Everyone has been impacted in some way—whether through the closing of businesses, quarantining of loved ones, or the social distancing of the general population. Because the services we provide are especially important to individuals […]
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Why is Revising Your Estate Plan Important?

POSTED ON: March 16, 2020 BY: Kyle Krull
Revising your estate plan is an essential step. You knew you needed to set up an estate plan. In fact, you set up an appointment with an experienced estate planning attorney and followed through. Congratulations! An estate plan is now in place. You are done. Or are you? According to a recent Dayton Business Journal […]
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What is New With the Disney Estate?

POSTED ON: March 13, 2020 BY: Kyle Krull
Disney has become a titan of the entertainment industry. Walt Disney started as a young child from Kansas City with big dreams and a creative mind. Years later, he became a successful visionary and filmmaker. The Disney name and company has become one of the most valuable in the world. According to a recent Wealth […]
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Did Kirk Douglas have an Estate Plan?

POSTED ON: March 11, 2020 BY: Kyle Krull
Kirk Douglas left a significant estate. Kirk Douglas had a prolific career. For some 40 years, he worked steadily. Although his career slowed in the early 1980s, he still had a significant estate upon his death. According to a recent Wealth Advisor article titled “Kirk Douglas Lived Well, Died Rich And May Trigger $200M Los […]
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How Do I Address IRA Estate Planning Laws Changing?

POSTED ON: March 10, 2020 BY: Kyle Krull
Estate planning laws have changes, especially when it comes to the beloved "stretch" IRA. With a stretch IRA, those inheriting IRAs could take "required minimum distributions" over their lifetimes. Before January 1, 2020, stretch IRAs were a significant estate planning tool. That is the date the "Setting Every Community Up for Retirement (or SECURE) Act" […]
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How do I Create an End-of-Life Checklist?

POSTED ON: March 9, 2020 BY: Kyle Krull
An end-of-life checklist can help you accomplish your goals. Very few people think about end-of-life issues. No, really. In fact, even fewer people plan for them. Be one of the few. According a recent Maricopa article titled “Make an end-of-life checklist,” taking time to outline and organize your affairs will help you in the long-term. […]
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What are Estate Planning Challenges of Gray Divorce?

POSTED ON: March 4, 2020 BY: Kyle Krull
Gray divorce will impact estate planning. You are no longer in the days of your youth. You are either nearing or in retirement. You are also entering into a divorce. According to a recent Clare County Review titled “Rising Gray Divorce Rates Are Making Estate Planning Problems More Complicated,” gray divorce brings with it a […]
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Who is Responsible for Storing Last Wills and Trusts?

POSTED ON: March 3, 2020 BY: Kyle Krull
Storing last wills and other estate planning legal documents can be complicated. Storing documents, in general, has changed significantly over the years. In the past, all files were paper. Next, there were computer hard drives and "floppy" disks. Now, cloud-based storage exists. According to a recent Daily Local News article titled “Could your future will […]
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What are Common Estate Planning Myths?

POSTED ON: March 2, 2020 BY: Kyle Krull
Estate planning myths are quite prevalent. There is a lot of confusion surrounding the laws regarding trusts and estates. Well meaning people speak out of turn. Unqualified people give advice. According to a recent Cherokee Tribune & Ledger-News article titled “I’m dead, now what? Myths about deaths in Georgia,” these estate planning myths can lead […]
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