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Estate Plan

Why Does the Average American Need an Estate Plan?

POSTED ON: March 14, 2024 BY: Kyle Krull
Creating an estate plan is valuable for the average American not just the super wealthy.
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Young adults

Can Estate Planning Help Young Adults Navigate Their Futures?

POSTED ON: March 12, 2024 BY: Kyle Krull
Estate planning extends beyond the elderly or the wealthy. Young adults should not wait to start their estate planning.
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What are the Duties of an Executor?

POSTED ON: February 29, 2024 BY: Kyle Krull
An executor manages the estate administration after a person dies. Some people enjoy delegating, and others not so much. Even if uncomfortable, it is often necessary. Parents delegate responsibility to babysitters so they can attend work or social events. Managers assign tasks to employees to accomplish as part of their work for the business. For […]
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Adding a child to a home deed

Is Adding a Child to a Home Deed Okay?

POSTED ON: February 21, 2024 BY: Kyle Krull
Adding a child to your home deed can trigger unintended consequences. People tend to choose the easiest option at the moment. Sometimes, selecting this option is harmless, like grabbing the first shirt in your dresser drawer. Other times, it can be the best option for you, like hiring a plumber to fix the sink rather […]
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Transfer property

How Do I Transfer Property Efficiently?

POSTED ON: February 15, 2024 BY: Kyle Krull
People must transfer property to others when they die. All humans come into this world with nothing of their own. Toys, clothes, and food are provided to them by their parents or gifted by other family and friends. As individuals go through life, they may purchase a vehicle, a home, furniture, jewelry, and art. Bank […]
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Pour-over will

How Does a Pour-Over Will Work with a Trust?

POSTED ON: January 30, 2024 BY: Kyle Krull
A pour-over will is beneficial in trust planning. Estate planning typically involves trust-based or will-based planning. The distinctions arise from what documents form the foundation of a comprehensive estate plan and how assets are managed and inherited. Although someone may select a trust-based plan, this does not mean they will necessarily bypass using a last […]
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Estate planning attorney

Why Work with an Experienced Estate Planning Attorney?

POSTED ON: January 25, 2024 BY: Kyle Krull
Not working with an experienced estate planning attorney is a risky business. Some people are risk-takers. They enjoy the thrill of adrenaline pumping through their veins as they push the limits. Extreme examples include those who free-climb mountains or skydive. Others are more cautious and calculated. They prefer understanding and controlling as many variables as […]
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Estate Plan

Why Should I Create an Estate Plan in 2024?

POSTED ON: January 19, 2024 BY: Kyle Krull
Having an estate plan should be a priority in 2024. At the start of a new year, many people reflect on the past and set goals for the next twelve months. For many, this involves dusting off the old dumbbells to "get fit." Others may elect to "shop the perimeter" of the grocery store to […]
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End-of-life planning

What is Involved in End-of-Life Planning?

POSTED ON: January 10, 2024 BY: Kyle Krull
End-of-life planning requires certain documents to be signed and in place. Few people enjoy sitting and pondering their own mortality (death), let alone morbidity (incapacity). In addition to considering basic existential questions, many people also have practical inquiries about their personal responsibilities. What will happen to my family? Will my spouse and children have enough […]
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Living trust

What are Pros and Cons of a Living Trust?

POSTED ON: December 28, 2023 BY: Kyle Krull
A living trust can provide greater control over asset distribution. People like to be in control. It provides comfort in predicting outcomes. It also minimizes the negative impact other people can have on us. The problem? Complete control is an illusion. Humans are affected by weather, natural disasters, car accidents, governments, and even other individuals. […]
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