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What Primary Documents Govern Estate Plans?

POSTED ON: November 1, 2023 BY: Kyle Krull
Estate planning includes a primary document. Comprehensive estate planning typically does not involve one document. Instead, several components work together to provide instructions for your affairs after incapacity or death. Like any good team, estate plans have a document that directs how the plan should work together. According to a recent The News-Enterprise article titled “Make […]
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Barbara Walters

What Items of Barbara Walters are Being Auctioned?

POSTED ON: October 31, 2023 BY: Kyle Krull
Much of the estate of Barbara Walters is being sold. Family and friends do not always value or appreciate the same things. With an inheritance, some people will want specific paintings or furniture. Other items may hold no sentimental value to heirs. According to a recent New York Post article titled “Barbara Walters’ belongings auction-bound — […]
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Beneficiary forms

How Important are Beneficiary Forms?

POSTED ON: October 30, 2023 BY: Kyle Krull
Beneficiary forms overrule last will and testament wishes for assets. A last will is an important estate planning document. It is used to name executors, designate guardians for minor children, and provide instructions for distributing assets. When an estate plan is referenced in news articles or television shows, only the last will is typically addressed. […]
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Dianne Feinstein

Who Inherited from Dianne Feinstein?

POSTED ON: October 27, 2023 BY: Kyle Krull
Dianne Feinstein left a large estate to her loved ones. Most people do not accumulate vast wealth during their lifetimes. Although they may leave inheritances to their loved ones, the assets are usually meager to moderate. They create estate plans not to address tax implications but to ensure the proper individuals are listed as heirs. […]
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High blood pressure

Can What I Eat Worsen My High Blood Pressure?

POSTED ON: October 26, 2023 BY: Kyle Krull
Diet can worsen high blood pressure. The average American diet is terrible for blood pressure. Unlike many other countries where foods are fresher and healthier, processed foods are more common in the United States. Although processing food can extend its shelf life, it can also shorten the life of individuals who consume these products regularly. […]
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Revocable trust

Do I Need a Revocable Trust?

POSTED ON: October 25, 2023 BY: Kyle Krull
A revocable trust may not be necessary. People who love fluffy bread but do not understand the chemistry of baking may believe more yeast yields larger loaves. A baker knows the best results require a delicate balance of the key ingredients and the proper kneading and proofing of the dough rather than simply adding more […]
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Liver damage

Can My Meds Cause Liver Damage?

POSTED ON: October 24, 2023 BY: Kyle Krull
Some medications can cause liver damage. The liver is a vital organ. Understatement. It serves a key role in filtering toxins from the body. Because the liver metabolizes medications, it has a higher exposure to these substances than other body parts. According to a recent VeryWell Health article titled “Liver Damage from Medication (Drug-Induced Liver […]
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Financial

Can Estate Planning Assumptions Create Financial Frustrations?

POSTED ON: October 23, 2023 BY: Kyle Krull
Estate planning reduces financial frustrations when settling an estate. Perhaps you have heard the phrase, "failing to prepare is preparing to fail." Although many attribute this to educational, business, or athletic endeavors, it applies to estate planning. The stakes are often higher with estate planning. Why? There is no learning from your mistakes after you […]
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Depression

Could Depression Increase My Risk of Dementia?

POSTED ON: October 20, 2023 BY: Kyle Krull
Depression may be linked to dementia. The brain is a powerful organ. Through various neural networks, it supports the entire body by regulating breathing and heart rate and encoding memories and information. When the normal function of your brain is affected, so is your mental and emotional well-being. According to a recent MedPage Today article […]
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Inherited IRAs

Do Inherited IRAs Have Tax Consequences?

POSTED ON: October 19, 2023 BY: Kyle Krull
Inherited IRAs can be complicated for heirs. Some assets are simpler to inherit than others. Not too long ago, IRAs were a flexible and desirable asset for estate planning. This is no longer the case. According to a recent yahoo! finance article titled “What Happens When I inherit an Annuity?,” the SECURE Act is responsible for […]
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