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Digital assets and cryptocurrency

Is Estate Planning for Digital Assets Simple?

POSTED ON: May 4, 2021 BY: Kyle Krull
Your "digital assets" require estate planning, too. Traditionally, estate planning has involved the transfer of property like real estate, collections, bank accounts, and investments to the next generation. Although this is still accurate, your property likely includes digital assets now. According to a recent Tech Crunch article titled “What happens to your NFTs and crypto […]
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Discuss estate plan with adult children

Should I Explain My Estate Plan to My Adult Children?

POSTED ON: April 28, 2021 BY: Kyle Krull
It is essential for adult children to know about the estate plans of their parents. There are many changes associated with having adult children. You have seen them begin careers and start families. You have moved from the role of provider and protector as they have assumed these responsibilities for themselves. Despite these milestones, it […]
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Estate planning attorney

Why Use an Estate Planning Attorney?

POSTED ON: April 16, 2021 BY: Kyle Krull
Working with an experienced estate planning attorney brings peace of mind. Some laws are pretty simple to comprehend and hard to ignore. Speed limit 45? Do not drive faster than 45 miles per hour. Duh. Other laws are more nuanced and less well-known. According to a recent Cleveland Jewish News article titled “Attorney can help […]
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Estate planning paperwork

How Do I Tackle Estate Settlement Paperwork?

POSTED ON: April 15, 2021 BY: Kyle Krull
Managing estate  paperwork can seem daunting after the death of a loved one. The list is long. Even with a well-organized estate plan, knowing what to do after the death of a loved one is challenging to navigate. You are dealing with the grief of a deep personal loss. At the same time, demands are […]
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Larry King

Did the Estate of Larry King Trigger a Will Contest?

POSTED ON: April 14, 2021 BY: Kyle Krull
The estate of Larry King underscores the importance of estate planning. Larry King had both highs and lows in his career and his personal life. Despite these challenges, he had an uncanny ability to persevere after mistakes and mishaps. According to a recent The National Law Journal article titled “Larry King Will Contest—Key Takeaways,” this […]
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Benefits of a living trust

When Can a Living Trust be Useful?

POSTED ON: April 7, 2021 BY: Kyle Krull
Including a living trust in your estate plan has its benefits. It is important to create an estate plan. When done right, it protects everyone you love and everything you have. DIY estate planning can have unintended, negative consequences. This is especially true if your goals and needs would benefit from a trust. According to […]
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Benefits of a trust

When Can a Trust Be Beneficial?

POSTED ON: April 5, 2021 BY: Kyle Krull
A trust can serve several purposes in estate planning. When it comes to estate planning, trusts are versatile tools. Although many people consider trusts to be of value only to millionaires and billionaires, this is not accurate. Rather, the average American may find that a trust would best meet their estate planning goals for their […]
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Aretha Franklin estate

Why Does the Aretha Franklin Estate Owe Taxes?

POSTED ON: March 26, 2021 BY: Kyle Krull
The estate of Aretha Franklin may owe money to the government. Aretha Franklin certainly had a beautiful voice. Unfortunately, her estate was left in an mess. This left a mess for her family. According to a recent Detroit Free Press article titled “Aretha Franklin estate reaches deal with IRS to pay off claimed $7.8 million […]
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Need an estate plan

Do I Really Need an Estate Plan?

POSTED ON: March 23, 2021 BY: Kyle Krull
All adult Americans need an estate plan. Age 18 is an important year. In many states, this is the age when you can first vote, join the military, and be recognized as an independent adult. Although being an adult in the legal sense comes with many benefits, you also have greater responsibilities after hitting this […]
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Prepare for estate planning meeting

Am I Ready for My Estate Planning Meeting?

POSTED ON: March 22, 2021 BY: Kyle Krull
It is important to prepare for your estate planning meeting. You have scheduled an appointment with an experienced estate planning attorney. Congratulations! You have taken the first important step to protecting everyone you love and everything you have. By simply making an appointment, you are ahead of the majority of your American peers in estate […]
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