Author Archives: Jay Butchko
Are There Any Reasons Why Your Beneficiaries Might Refuse An Inheritance?
Every beneficiary possesses the right to refuse an inheritance. Being aware of why they might do so, and speaking with a lawyer, makes it easier to prevent this from occurring. Are There Any Reasons Why Your Beneficiaries Might Refuse An Inheritance? The answer to the question outlined above is “Yes.” A beneficiary has the… Read More »
The 6 Types Of Guardianship In The State Of Florida
The state of Florida offers six basic types of guardianship. Going over what these are, and speaking with a guardianship attorney, will allow you to determine which guardianship arrangement is most appropriate. What Is Guardianship? Guardianship is a term that refers to an individual who has been given the ability to manage either the… Read More »
Should You Use A Safety Deposit Box To Store Important Estate Planning Documents?
A safety deposit box offers a variety of advantages. But, even though these advantages are present, a safety deposit box also offers a number of disadvantages. Being aware of these advantages and disadvantages, and speaking with an estate planning lawyer, will allow you to determine if using a safety deposit box is the right… Read More »
What Are 3 Reasons Why An Older Estate Plan Might Fail?
A good estate plan is absolutely essential. But, if this estate plan is older, and has yet to be updated, then it may lead to some less-than-desirable outcomes. What Is An Estate Plan? Right before we go over the three reasons why an older estate plan might fail, we must first define what, exactly,… Read More »
How Can You Protect Your Assets From The Costs Of Long-Term Care?
The costs of long-term care are significant. Many people find themselves needing to spend the majority of their assets – if not all of their assets – to obtain the long-term care that they need. Even though the above is true, there is a way to protect your assets from the costs of long-term… Read More »
What Are The Financial Benefits Of A Durable Power Of Attorney In Florida?
Within the state of Florida, a Durable Power Of Attorney – or “DPOA,” for short – is a document that allows another person to manage your financial affairs. Being aware of what a DPOA allows for, with regards to one’s finances, makes it easier to determine if setting up a DPOA is the right… Read More »
What Are The Two Estate Planning Mistakes That Will Lead To Probate?
Probate serves a function. But, even so, probate also serves to prevent your beneficiaries from receiving their assets in a timely, inexpensive manner. Given the facts above, avoiding probate can, and should, be one of your major estate planning goals. To reach this goal, though, there are two mistakes you must avoid. Why Is… Read More »
What Are The Best Ways To Fund Your Trust?
To ensure that your trust offers value to you, as well as your beneficiaries, you must fund it. But, that’s not all you must do: you must also ensure that your trust is funded and that the necessary actions are taken. What Is A Trust And Why Do You Need To Fund It? A… Read More »
How Long Does It Take For A Beneficiary To Receive Their Inheritance?
The exact amount of time it takes for a beneficiary to receive their inheritance is dependent on several factors. Being aware of these factors will make it easier to determine which estate planning decisions are most appropriate for a particular estate plan. What Happens After You Pass Away? Right after a loved one passes… Read More »
How Should You Choose A Trustee For Your Estate?
No matter who you are, or what is in your estate, choosing a trustee is one of the most important decisions that you can make. Given this fact, it is of the utmost importance that you learn how you should choose a trustee for your estate and, in doing so, speak with a lawyer… Read More »