Author Archives: Jay Butchko
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 »
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 »