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Category: Probate

What Exactly is the Probate Process?

POSTED ON: February 28, 2020 BY: Kyle Krull
Probate is often misunderstood. What do you think when you hear the word “probate”? Do you think of inconvenient bureaucracy? Do you imagine family drama? According to a recent The Million Acres article titled “Probate Explained: What Is Probate, and How Does It Work?,” probate often has a bad reputation. In reality, this legal process […]
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Am I Responsible for Unpaid Debts of a Deceased Loved One?

POSTED ON: February 27, 2020 BY: Kyle Krull
Unpaid debts may haunt you. No one likes unpaid debts. They can feel suffocating. The grief of losing a loved one is even worse. According to a recent nj.com article titled “Is mom liable for my dead father’s credit card debt?,” no one wants to combine the two. If you recently lost a loved one, […]
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What are Risks of Poor Estate Planning?

POSTED ON: February 13, 2020 BY: Kyle Krull
Poor estate planning has dire consequences. You think you do not need an estate plan. Perhaps you believe estate planning can wait. You are young. You have time. According to a recent Chron.com article titled “Will you plan now or pay later?,” this is faulty reasoning. No one can predict their own future. You do […]
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Why Do Unmarried Couples Need Estate Planning?

POSTED ON: January 24, 2020 BY: Kyle Krull
Unmarried couples need to prioritize estate planning. You have found someone you love. You have moved in together. Neither of you wants to get married. And it seems this practice is becoming more common. From 2007 to 2016, the number of cohabiting couples increased from 14 million to 18 million. According to a recent CNBC […]
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Celebrities Make Estate Planning Mistakes?

POSTED ON: January 21, 2020 BY: Kyle Krull
Yes, Virginia, even celebrities can make huge estate planning mistakes. America is a celebrity culture. Some people want to be famous. Others simply have a favorite celebrity. Many people attempt to emulate these public figures. According to a recent Florida Today articles titled “Lessons in estate planning from the rich and famous,” following the example […]
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What Do Estate Planning Attorneys Do?

POSTED ON: January 14, 2020 BY: Kyle Krull
Estate planning attorneys help people get their affairs in order. Close your eyes and try to picture an attorney in your mind's eye. Who do you see? Likely it is a trial lawyer from a televisions show or movie. When it comes to estate planning attorneys, most people have no frame of reference. In fact, […]
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What Responsibilities do Fiduciaries Have?

POSTED ON: January 7, 2020 BY: Kyle Krull
Fiduciaries have a number of legal responsibilities. Serving as a fiduciary is an honor. A fiduciary is often selected to administer an estate or trust. He or she may also be responsible for managing the lifetime finances of another individual as an attorney in fact under general durable power of attorney. According to a recent […]
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Should I Plan My Own Funeral?

POSTED ON: January 6, 2020 BY: Kyle Krull
Funeral arrangements are best made in advance. When you die, your family will grieve. The loss of a loved one cuts deep. The last thing they need to be doing is making big decisions. According to a recent The Leader article titled “Important to provide instructions for preferred funeral, burial wishes,” arranging your funeral in […]
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Can Jointly Owning Property be Problematic?

POSTED ON: December 27, 2019 BY: Kyle Krull
Jointly owning property can be precarious to say the least. You are considering owning property jointly with a non-spouse. Maybe you are considering doing so with another family member. Perhaps a friend or business associated has made the suggestion. Should you do it? According to a recent Inside Indiana Business article titled “Risky: Property Owned […]
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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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