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Probate judges

What Do Probate Judges Do Exactly?

POSTED ON: July 17, 2023 BY: Kyle Krull
The role of probate judges is to oversee estate administration. Generally speaking, judges are responsible for upholding the local and federal laws in the courts. In some cases, this involves deciding on appropriate discipline for criminal actions. In other cases, judges must oversee the execution of legal documents for business arrangements or estate plans. According […]
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Transfer on death

When is Transfer on Death a Good Option?

POSTED ON: April 14, 2023 BY: Kyle Krull
Transfer on Death accounts can be used wisely or poorly. When it comes to passing inheritances to heirs, there are a variety of options. Most commonly, people think of using a last will and testament or a revocable living trust (RLT). Fewer people initially think of transfer on death (TOD) designations, or payable on death […]
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Anxiety

Can Estate Planning Address Anxiety?

POSTED ON: March 30, 2023 BY: Kyle Krull
Anxiety has led to an increase in estate planning. As a result, a lot has changed since the start of 2020. A once-strong economy is now racked with inflation. The COVID-19 lockdowns also rocked the sense of stability and security. According to a recent SI Live article titled “More young adults are creating wills because of […]
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Life planning

Is Estate Planning also Life Planning?

POSTED ON: March 28, 2023 BY: Kyle Krull
Estate planning is part of life planning. Most people think of death when they consider estate planning. Because people often avoid the unpleasant and uncomfortable, they ignore estate planning conversations. Although this is understandable, it is neither helpful nor accurate. According to a recent aol.com article titled “Estate Planning: 7 Things To Make Sure You Do,” estate planning […]
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Reviewing estate plan

Should I be Reviewing my Estate Plan?

POSTED ON: March 1, 2023 BY: Kyle Krull
Reviewing an estate plan should be done periodically. Few things in life are truly “fix it and forget it.” Cars and homes require maintenance. Gardens require weeding and watering. Lawns require mowing and fertilizing. Neglecting these ongoing tasks leads to problems. According to a recent Kiplinger article titled  “Need an Estate Planning Checkup? Now is […]
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Vacation home

How Should a Vacation Home be Distributed?

POSTED ON: April 19, 2022 BY: Kyle Krull
Passing a vacation home to the next generation is rarely straightforward. A vacation home fills a variety of roles. For a lot of my clients, they are places to gather with family and friends to make memories. For others clients, they provide a retreat from the demands of daily life. And for yet others, a […]
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Prince

Has the Prince Estate Been Settled?

POSTED ON: January 21, 2022 BY: Kyle Krull
The Prince estate may finally be finding resolution. The death of a celebrity often brings with it a sense of shock. Few people watch a movie or listen to a song and think about how the artists will eventually die. Although some celebrities live long lives, others die suddenly and tragically. This was the case […]
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Cryptocurrency

How Can Cryptocurrency Be Accessed by Owners?

POSTED ON: December 1, 2021 BY: Kyle Krull
Cryptocurrency functions differently from traditional money. Much has changed over just the past several decades. Computers can now be taken from one location to another. Phones now do more than simply make phone calls. Asset holdings have even changed as people hold cryptocurrency. According to a recent The Indiana Gazette article titled “Millennial Money: What […]
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Cryptocurrency

How Can I Include Cryptocurrency in My Estate Plan?

POSTED ON: November 9, 2021 BY: Kyle Krull
Cryptocurrency should be included in the estate plans of those who hold these assets. The world has grown increasingly digital. Pictures and movies no longer need to be taken on film. Music can be streamed rather than played from records, tapes, or compact discs. Sidebar: I actually remember 8-track tapes and had quite a collection […]
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Buy-sell agreement

What Should be Included in a Buy-Sell Agreement?

POSTED ON: October 8, 2021 BY: Kyle Krull
A buy-sell agreement can protect a small business. Business owners have a lot to think about. Their daily concerns include customers, employees, and finances. In fact, they are the last one's to get paid each month (if then). With the constant demands on their attention, business owners can forget to consider what will happen when […]
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