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Category: Estate Planning

How Do I Pass Along Digital Assets?

POSTED ON: November 19, 2019 BY: Kyle Krull
Digital assets should be part of estate planning. "Digital assets," now that is a strange sounding concept, yes? It is also a relatively new phenomenon. With the rise of personal computers and the internet, people gained access to a digital world. Now with smartphones, this access is constantly at their fingertips. According to a recent […]
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How Can I Get the Most from Social Security?

POSTED ON: November 18, 2019 BY: Kyle Krull
Social Security is helpful in retirement. You are nearing retirement. For this reason, you have now started thinking about Social Security disbursements. Although Social Security will be insufficient to meet all of your retirement expenses, it will certainly help. For this reason it is important to maximize those Social Security benefits, yes? According to a […]
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How Do I Include Passwords in My Estate Plan?

POSTED ON: November 15, 2019 BY: Kyle Krull
Passwords are important in estate planning. So many things are now digital. These include email, social media, and online banking to name a few. With the rise of digital assets, protecting these assets is important. Passwords can provide such protection. According to a recent my San Antoni article titled “Safe sharing of passwords and legal […]
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Where Should I Not Move in Retirement?

POSTED ON: November 14, 2019 BY: Kyle Krull
Retiring to certain states is inadvisable. Although America is one nation, it has 50 states. These 50 states have different pros and cons when it comes to retirement. Apparently, some states should be avoided. According to a recent Financial Advisor article titled “Bankrates’ Top 10 Worst States to Retire,” people consider a number of factors […]
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How Do Changing Names Impact My Estate Plan?

POSTED ON: November 14, 2019 BY: Kyle Krull
Names are important in estate planning. What is in a name? Quite a bit actually. Proper identification is essential when it comes to estate planning. According to a recent nwi.com article titled “Estate Planning: Name changes and the estate plan,” using inexact naming can cause a lot of problems. This is particularly a challenge when […]
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Can Inheritances Be Problematic?

POSTED ON: November 13, 2019 BY: Kyle Krull
Inheritances can be complicated for heirs. When you think of inheritances, what do you envision? Money? A house? Family heirlooms? The end to all your financial troubles? Although inheritances can be helpful, according to a recent Canyon News article titled “Three Setbacks Associated With Receiving An Inheritance,” they can cause their own problems. What kind […]
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Who Perpetrates Elder Financial Abuse?

POSTED ON: November 11, 2019 BY: Kyle Krull
Elder financial abuse can hit at home. Close to home. Some populations are more vulnerable to financial abuse than others. Seniors fall within this category. Older people often have a lifetime of savings stored. Unfortunately, the physical and mental effects of aging make these individuals prime targets to criminals. According to a recent Detroit Free […]
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What Does Business Succession Planning Accomplish?

POSTED ON: November 8, 2019 BY: Kyle Krull
Estate planning and business succession go hand-in-hand. You own a business. Perhaps you built it yourself. Maybe you inherited it from your parents. Regardless, your business and its future are an important part of your legacy. You do not want it to die when you do. A recent Phoenix Business Journal asks business owners this […]
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What Is the National Average for Retirement Savings?

POSTED ON: November 8, 2019 BY: Kyle Krull
The average for retirement savings is less than it should be. What do you think of when you hear the word retirement? Do you think of sleeping in? Do you think of travel? Do you think of time with family? Whatever you envision, one thing is certain: it will take money. A recent Investopedia article […]
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Are Senior Women Less Financially Secure Than Men?

POSTED ON: November 6, 2019 BY: Kyle Krull
Senior women tend to enjoy less financial security than their male counterparts. We all have women in our lives. They are our mothers, sisters, daughters, aunts, nieces, and grandmothers. We all want what is best for them. Unfortunately, aging women are a vulnerable population. According to recent a National Council on Aging article titled “The […]
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