Author Archives: Jay Butchko
Five Important Estate Planning Tips For Newlyweds
June is one of the most popular months of the year to get married and wedding venues in our area generally maintain a full schedule clear through the fall. After all the planning of the prior months, you are likely eager to relax and enjoy your new life together as a couple but there… Read More »
Ways To Protect Property And Assets From Probate Court Proceedings
When a loved one dies, there are complex rules and regulations that govern the process of distributing their assets and settling their estate. This is generally accomplished through the probate court. Probate court proceedings can be a time consuming and potentially costly process. For this reason, many people seek ways in which they can… Read More »
Asset Protection Tips For Retirees
You work hard all your life and save money with the goal of having a comfortable retirement. After years of advance planning, you deserve to reap the benefits but it is important to continue managing your money and resources wisely. Our Bronx & Westchester estate planning attorneys offer the following tips to help protect… Read More »
Is Nursing Home Care In Your Loved One’s Future?
It is challenging to deal with the demands of aging and the different needs that arise along the way. When caring for an older adult loved one, it is common to wonder when and if nursing home care is likely to be needed. The following details some of the common warning signs and what… Read More »
What Is A Power Of Attorney And Do I Need One?
People generally prefer to remain independent in managing their own affairs. However, this can present challenges when the unexpected happens. Accidental injuries or illnesses can leave you incapacitated and unable to pay bills, attend to business dealings, or perform other important tasks. Designating someone in advance to act as your power of attorney ensures… Read More »
Spring Cleaning Tips For Older Adults: How Family And Friends Can Help
Spring cleaning is an important task. It helps to clear out clutter while making sure maintenance tasks are attended to in anticipation of the summer season. It’s an important chore for older adults as it can prevent accidents that prompt the need for nursing home care, but many are unable to complete spring cleaning… Read More »
Easy Ways To Protect Your Assets As A Business Owner
Wanting to be your own boss and own your own business is a common dream for many people. Unfortunately, after putting forth the time, money, and effort to achieve this goal, unexpected problems can arise that jeopardize all your hard work. Asset protection strategies help to prevent this from happening and are relatively easy… Read More »
What Is A Medicaid Trust And How Can It Protect Me?
As you get older, the impacts of chronic health conditions, accidental injuries, and periodic illnesses are often more severe and can prompt the need for at home medical services or nursing home care. Unfortunately, the high costs associated with these services can quickly deplete your hard-earned life savings. Once property and assets are gone,… Read More »
Five Benefits Of A Trust
Trusts play an important role in estate planning and asset protection. However, most people are unaware of what they are and how they work. A trust involves a legal document that transfers property and assets to the care of a third party or group, the trustee, for the purpose of making distributions in the… Read More »
When Should I Consider A Nursing Home?
Declines in physical abilities and increases in illnesses and chronic health conditions are common the older you get. Unfortunately, this can impact the ability of older adults to live on their own or in their own homes. Making the decision to seek nursing home care, whether for yourself or a loved one, is never… Read More »