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Category: Estate Planning

How Do I Prepare My Finances for the New Year?

POSTED ON: December 19, 2019 BY: Kyle Krull
Finances should be prioritized at the end of the year. Money is an important part of life. How you handle your finances can have a lasting impact. Consequently, you do not want to look back on 2019 and wish you had done things differently. According to a recent The Daily Journal article titled “5 financial […]
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Where is Long-Term Care Most Expensive?

POSTED ON: December 17, 2019 BY: Kyle Krull
Long-term care is more costly in certain states. The majority of Americans will require long-term care at some point in their lives. In fact, once you reach age 65 the chances of needing long-term care at some point is 70 percent! It is important to plan for this costly expense. You cannot plan properly without […]
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Should I Use a Professional Executor?

POSTED ON: December 12, 2019 BY: Kyle Krull
A professional executor may be a wise choice for you estate. You know what you have. You have decided who gets what. You know who you want to take care of things if you cannot. Now you need an executor for your estate. According to a recent nj.com article titled “Should I choose a bank […]
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Can Estate Planning Be Done Alone?

POSTED ON: December 11, 2019 BY: Kyle Krull
Estate planning is complicated without everyone onboard. You know you need an estate plan. If fact, you are wanting to start the process now. There is one problem. Your spouse refuses to discuss estate planning. According to a recent nwi.com titled “Estate Planning: Can one spouse plan?,” this is not ideal. Talking about your incapacity […]
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Should I Discuss Money Matters Before Remarriage?

POSTED ON: December 10, 2019 BY: Kyle Krull
Remarriage requires careful planning. The holidays are a popular time for engagements. Wedding plans may now in the works for you. Congratulations! All marriages take careful planning and involve important discussions about finances and futures. According to a recent U.S. News & World Report article titled “6 Financial Considerations for Remarriage,” these discussions are even […]
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Do College Students Need Estate Planning?

POSTED ON: December 9, 2019 BY: Kyle Krull
College students require estate planning. Perhaps you have recently entered college or are planning to in the near future. Maybe you are the parent of a college student. Either way, you should understand that estate planning is important for college students. According to a recent Forbes article titled “3 Estate Planning Documents Every College Student […]
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How Can the Family Farm Stay in the Family?

POSTED ON: December 6, 2019 BY: Kyle Krull
Family farms have been passed through generations. The Midwest is filled with farms. Cattle roam to and fro. Crops like wheat, soy, and corn rotate through the years. The land is beautiful. You care for the family farm like the generations before you have done. According to a recent High Plains Journal article titled “Don’t […]
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How Did Tax Law Change for 2020?

POSTED ON: December 5, 2019 BY: Kyle Krull
Tax law will see changes in 2020. Taxes are a unavoidable part of life for Americans. You are paid for your services. You must then pay the government for theirs. Although there have been taxes since the founding of our country, these do not remain the same each year. According to a recent CNBC article […]
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Why Might I Want an Ethical Will?

POSTED ON: December 4, 2019 BY: Kyle Krull
Ethical wills can pass on lasting values. Most people want to be remembered for the good they have done. They want to have positive legacies with family, friends, and career. The legacy you leave depends on how you live your life and the impact you have on others. According to a recent Harold Net article […]
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How Can Executors Prepare for Their Role?

POSTED ON: December 3, 2019 BY: Kyle Krull
Executors play a big role in probate proceedings. Executing a last will is no small task. As an executor, you are responsible for probating the last will, settling debts, and distributing assets. Preparedness is key. According to a recent Investopedia article titled “The Executor's Checklist: 7 Tasks Before They Die,” this starts before the testator […]
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