Author Archives: Jay Butchko
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 »
Patient Safety Awareness Week: Protecting Your Most Important Asset
Maintaining your health plays a key role in protecting your assets. It ensures you can continue to provide for yourself and your family while preventing medical care costs from depleting your life savings. You trust your doctor to act as your ally in this effort, but you need to be proactive to get the… Read More »
Ways to Deal with Loved One Who is an Addict or Alcoholic In Estate Planning
Dealing with a loved one who is an addict or alcoholic is heartbreaking. No matter how much you love them, efforts to get them to stop often prove futile. Sadly, addiction can ruin their health and all chances of finding happiness or success while putting your own wellbeing and financial security at risk. While… Read More »
New York City Real Estate Rebounds Despite Pandemic
Over the course of 2020, reports were dire for the New York real estate market. Due to COVID-19, homeowners were leaving the city in droves for more suburban settings. This meant more properties on the market, but potential home buyers were understandably reluctant. While experts forecasted sharp decreases in sales, the overall effects were… Read More »
For Older Adults Aging In Place, Burn Injuries Present Hazards
When presented with the option of moving to a nursing home or aging in place, many older adults prefer the latter. For their family members, making simple modifications within their home can help make this possible. One of the most important concerns eliminating the risk of accidents and injuries. Among older adults living on… Read More »
How To Protect Your Inheritance Against Divorce, Death, Lawsuits, and Taxes
Inheritances provide a way for one generation to pass wealth on to the next. Unfortunately, outside issues can chip away at the amount, leaving little or nothing to pass along to your own beneficiaries. Our Bronx & Westchester estate planning attorneys detail some of the steps you can take to protect and preserve your… Read More »
Who Should Get A Copy Of A Will?
When a loved one passes, a legally valid and updated will helps to convey their final wishes. As one of the most important yet basic of estate planning tasks, it provides an inventory of all their property and assets and dictates how these should be distributed to beneficiaries. Who should get a copy of… Read More »
Who Should Get A Copy Of A Will?
When a loved one passes, a legally valid and updated will helps to convey their final wishes. As one of the most important yet basic of estate planning tasks, it provides an inventory of all their property and assets and dictates how these should be distributed to beneficiaries. Who should get a copy of… Read More »