Author Archives: Jay Butchko
If You Have A Revocable Living Trust, Will Your Estate Go Through Probate?
The probate process can, and should, be avoided. And, with that in mind, the best way to bypass the probate process is to develop a good estate plan, as well as a good trust. Going over how a revocable living trust affects probate, and speaking with a lawyer, will allow you, and your beneficiaries,… Read More »
The 2 Best Ways To Avoid An Estate Tax
The state of Florida does not have an estate tax. And, for this reason, when someone passes away, the items within their estate will not be taxed by the state of Florida. Even though the above is true, there is one caveat: the state of Florida doesn’t have an estate tax, but there is… Read More »
What Happens To Your Bank Account After You Pass Away?
Right after you pass away, a number of things can, and likely will, happen to your bank account. By going over these things, and speaking with a lawyer, you can ensure that your estate planning wishes are granted. What Happens To Your Bank Account After You Pass Away? A variety of different things can… Read More »
What Will Happen If You Don’t File Probate In Florida?
Right after an individual passes away, their will must go through the probate process. By doing so, the assets outlined within that will can be managed, and distributed, in a manner that aligns with the deceased’s wishes. A variety of different estate planning arrangements can, and do, bypass probate. But, if an individual doesn’t… Read More »
You Can Include Charitable Donations In Your Will
Your will can, and should, include the assets you wish to give to your beneficiaries. But, that is not all: your will should also include the types of charitable donations you wish to make, right after you pass. Going over the ways in which you can include charitable donations in your will, and speaking… Read More »
3 Reasons You Should Hire A Probate Lawyer
The probate process is never easy. But, it can be much, much easier if you obtain legal help. Going over the three main reasons you should hire a probate lawyer, and speaking to a lawyer who specializes in probate, will allow you to navigate probate with ease. Reason 01: Doing So Speeds Up The… Read More »
How Does The State Of Florida Handle Estate Taxes?
The state of Florida handles estate taxes in a manner that is quite different from most other states. This means that your estate must be managed in a slightly different manner than, say, if your estate plan was developed in Oregon. Going over how the state of Florida handles estate taxes, and speaking with… Read More »
What Happens If Your Spouse Dies Before Updating Their Will?
A wide variety of different laws and regulations are used to determine whose assets go to which beneficiaries. Just as the title of this piece suggests, some of these laws and regulations are used to determine what will happen if your spouse dies before they have updated their will. Going over what these laws… Read More »
4 Common Questions Regarding Medicaid Planning
If you would like to obtain Medicaid, but do not satisfy the program’s requirements, then you are going to need to hire someone who can help you plan for Medicaid. Going over the four most common questions regarding Medicaid planning, and speaking with a Medicaid planning lawyer, will allow you to obtain the medical… Read More »
2 Common Probate Problems And Their Solution
Right before your assets can be given to your chosen beneficiaries, they may need to pass through probate. If you can, you should develop an estate plan that allows those assets, and your estate plan, to avoid probate. But, if you don’t do this – or aren’t sure if you should – then there… Read More »
