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Author Archives: Jay Butchko

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3 Major Mistakes To Avoid When Naming Your Life Insurance Beneficiary

By Eric Millhorn |

Your life insurance policy can, and should, go to the person you would like to give it to. But, there are certain mistakes that, if made, can make it much more difficult for your life insurance policy to go to the right person. Going over the three major mistakes to avoid when naming your… Read More »

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The 2 Ways Your Trustee Can Resign

By Eric Millhorn |

A good trust allows you to protect your estate from probate. But, in order for you to have a trust that achieves this purpose, you must have a trustee who will act on your behalf. Going over the two ways your trustee can resign, and speaking with a lawyer, will make it easier for… Read More »

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The Best Estate Planning Option For Shielding Your Asset From Creditors

By Eric Millhorn |

You can develop an estate plan that shields your assets from creditors. By doing so, you can protect your most valuable assets from the parties who would like to claim them, allowing them to go to your beneficiaries. Going over the best estate planning option for shielding your asset from creditors, and speaking with… Read More »

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The Problem With Holographic Wills

By Eric Millhorn |

A holographic will can be very useful. But, they often come with several major problems, all of which make developing a holographic will somewhat unwise. Going over the problem with holographic wills, and speaking with a lawyer who specializes in estate planning, will allow you to satisfy your estate planning needs.  What Is A… Read More »

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How Probate Deals With Unpaid Bills

By Eric Millhorn |

The probate process can lead to creditors asking for any unpaid bills/debts to be paid. By going over what this means, and speaking with a lawyer, you will have a much easier time protecting your estate.  What Is Probate?  The definition of probate is as follows: a court process that allows your assets to… Read More »

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The 3 Adjustments You Must Make To Your Estate Plan After A Divorce

By Eric Millhorn |

You must adjust and update your estate plan after any significant life changes occur. Just as you might assume, this includes divorce. Right after a divorce, it is of the utmost importance that you adjust your estate. By going over the three adjustments you must make to your estate plan after a divorce, and… Read More »

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Losing Your Trust Documents

By Eric Millhorn |

Every single one of the documents that outline, and affirm, a trust must be protected. If these documents are lost, then it can be more difficult for the wishes connected to the trust to be brought to fruition. Going over what happens if you lose your trust documents, and speaking with an estate planning… Read More »

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The Benefits Of A Survivorship Deed

By Eric Millhorn |

A survivorship deed offers many benefits. By going over some of those benefits, and speaking with a lawyer, you can determine whether or not a survivorship deed is right for you.  What Is A Survivorship Deed?  A survivorship deed is a deed that lets two people own property together. Just as an example, if… Read More »

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If You Have A Revocable Living Trust, Will Your Estate Go Through Probate?

By Eric Millhorn |

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 »

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The 2 Best Ways To Avoid An Estate Tax

By Eric Millhorn |

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 »

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