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Why Should I Write a Letter of Intent?

POSTED ON: February 14, 2022 BY: Kyle Krull
A letter of intent allows parents to communicate wishes for their children. Becoming a parent means your life is filled with more joy and love than you could have ever imagined possible. Being a parent also brings greater responsibility and more worries. By the way, you never stop being a parent once you become one. […]
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estate planning

Here’s Why You Need an Estate Plan

POSTED ON: July 31, 2021 BY: Kyle Krull
No matter what line of work you are in, estate planning has facets that apply to everyone, and it comes down to documenting wishes and avoiding probate and unnecessary taxes. Too many people put it off, but, in general, the sooner you do it, the better.
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Prince

Was the Prince Estate Undervalued?

POSTED ON: February 12, 2021 BY: Kyle Krull
The estate of Prince is still making headlines. No, really. Prince was a talented musician. He was also a memorable human. Very few people change their names to a symbol and then back to their names. When Prince died of a fentanyl overdose in 2016, the world was not ready to lose his talent. According […]
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Can Money be Earmarked for Inheritance Tax?

POSTED ON: July 20, 2020 BY: Kyle Krull
Certain states levy an inheritance tax. Death does not exempt your money from taxes. In fact, it can trigger taxes. States with inheritances taxes can make estate planning and administration more complicated. If you live in one of these states, to include our neighboring states of Nebraska and Iowa, then you will want to consider […]
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