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Estate conflict

Is Conflict Surrounding an Estate Avoidable?

POSTED ON: September 5, 2023 BY: Kyle Krull
Proper planning can help you avoid estate conflict. Some people seem to thrive off of drama. No, really. This is evident in the plethora of reality television shows available on broadcast television and streaming services. Although many people find drama entertaining, it is much less enjoyable when it is your story. According to a recent […]
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Heirlooms

How Should Heirlooms Be Handled in Estate Plans?

POSTED ON: August 28, 2023 BY: Kyle Krull
Heirlooms can trigger conflict among families. While many people value money as an inheritance, family heirlooms are often considered priceless. It makes sense. People can get money anywhere, but there is no replicating the history and meaning attached to family heirlooms. According to a recent The Wall Street Journal article titled "Pass On Your Heirlooms, […]
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Robin Williams

What Happened to the Estate of Robin Williams?

POSTED ON: August 25, 2023 BY: Kyle Krull
Robin Williams complicated family dynamics with his estate plan. Robin Williams was a gifted actor and comedian who brought laughter and joy to young and old alike throughout his career. Despite his warm smile and carefree personality onscreen, Williams struggled with his mental health. In August 2014, he took his own life. According to a […]
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Asset transfer mistakes

What Mistakes are Common in Asset Transfer?

POSTED ON: August 23, 2023 BY: Kyle Krull
Asset transfer mistakes can be easy to make without professional estate planning. Handoffs are not always easy. Whether it involves transferring the baton in a relay race, a handoff from center to quarterback, or passing the ball to a teammate in soccer, precision is key. A simple miscalculation can lead to failure. According to a […]
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Storing estate planning documents

How Should I be Storing My Estate Plan?

POSTED ON: August 17, 2023 BY: Kyle Krull
Storing legal documents in a secure location is necessary. Some people are meticulously organized. Others are fairly tidy but have no rhyme or reason for their physical spaces. Still, others live in complete chaos. According to a recent The Washington Post article titled “Aretha Franklin’s will was in her couch. Here’s where to keep yours,” some […]
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Living trusts

How Do Living Trusts Differ from Wills?

POSTED ON: August 16, 2023 BY: Kyle Krull
Living trusts and wills are both effective in distributing an inheritance. In times past, ancient pharaohs and other royalty were buried with portions of their wealth. This is no longer a common practice. Nowadays, people generally believe you cannot take your stuff with you when you die. As one old saw holds, "You will never […]
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Bank accounts

How are Bank Accounts Inherited?

POSTED ON: August 11, 2023 BY: Kyle Krull
Bank accounts do not have to pass through probate. With most actions in life, there is typically an easy and a hard way to accomplish the same task. Although one can hand wash every plate, bowl, fork, knife, and spoon after dinner, it is more efficient to simply load and run a dishwasher. Sometimes easy […]
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Aretha Franklin

What was the Fate of the Aretha Franklin Estate?

POSTED ON: August 8, 2023 BY: Kyle Krull
The estate of Aretha Franklin took years to settle. Communication is essential in various aspects of life. Spouses with poor communication can quickly grow apart and find resentment building. Inadequately outlined procedures and structures can be the bane of businesses. Failing to share about estate planning wishes can lead to costly court battles. Understatement. According […]
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Glenn Frey

Who Inherited the Estate of Glenn Frey?

POSTED ON: August 2, 2023 BY: Kyle Krull
Glenn Frey left both a legacy of music for the world and provision for his family. Many people dream of being a guitarist in a successful band. Few realize this dream. Glenn Frey was one of the few fortunate and talented individuals who made a living from making music for the enjoyment of the masses. […]
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Missing heir

How Can a Missing Heir be Found?

POSTED ON: July 26, 2023 BY: Kyle Krull
Finding a missing heir is not always easy. Heirs are those individuals who receive inheritances from someone who has died. Generally, these heirs are family or friends. When people create a last will and testament, they designate their heirs. They can include or exclude almost anyone they like. According to a recent Next Avenue article […]
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