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Jointly owned

How is Jointly Owned Property Handled?

POSTED ON: January 26, 2023 BY: Kyle Krull
Jointly owned property may avoid probate. When more than one person has concurrent ownership of an asset, it is considered jointly owned. Some couples choose to combine all of their assets when married. Others decide to keep all or some assets separate. According to a recent TBR News Media article titled “Everything you need to […]
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Actions by surviving spouse

What Actions Must Surviving Spouses Take?

POSTED ON: October 21, 2022 BY: Kyle Krull
Certain actions should be taken after the death of a loved one. Although death means the end of the life and responsibilities for the decedent, the responsibilities of others increase. Often those who must take action are those who are closest to the person who died. These duties can feel overwhelming in the midst of […]
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Titling assets

What Should I Know about Titling Assets?

POSTED ON: August 25, 2022 BY: Kyle Krull
Titling assets is a key aspect of estate planning. Titling on documents is a lot like labeling. Parents label lunchboxes, clothing, and other items to remind them and others of the ownership of each item. Essentially, titling assets serves to legally label such assets with then identity of their owner. According to a recent FedWeek […]
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tenancy

How Does Tenancy By the Entirety Work?

POSTED ON: October 9, 2020 BY: Kyle Krull
Tenancy by the Entirety is one option for owning real estate. You are and your spouse are buying a home. This is an exciting time. It also means you need to make some decisions on ownership. How a real estate is titled is important. According to a recent Motley Fool article titled “What is Tenancy […]
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Can a Strong Stock Market Impact My Estate Plan?

POSTED ON: February 17, 2020 BY: Kyle Krull
Yes, Virginia, stock market performance can impact your estate planning. You have money in the stock market. Perhaps this is limited to your retirement income. Maybe you have included savings plan with after-tax investments for long-term goals outside of retirement. Either way, how the stock market performs is important. According to a recent Wealth Advisor […]
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