Author Archives: Jay Butchko
What Happens If Your Will Is Contested?
Without a properly drafted and executed last will and testament in place, your property and assets are subject to the rules of intestate succession. This process goes up and down through your genealogy, distributing to your spouse first, then to children, then parents, then any siblings. While you may wish for some of these… Read More »
Early Warning Signs That Nursing Home Care Is Needed
Many of us can appreciate when an aging loved one is resistant to the idea of entering a nursing home or assisted care facility. We understand their desire to provide for themselves while remaining in familiar surroundings, but there does come a point that more comprehensive care is needed to ensure their health and… Read More »
Updating Your Estate Planning Documents
Changes in life can happen quickly. Amidst your day to day activities, it can be easy to overlook the impact different circumstances can have on your overall estate plan. To protect your interests and assets, to ensure your wishes are adhered to, and to prevent disputes among your heirs, it is important to have… Read More »
Protect Yourself Against Liability When Accidents Occur
Accidents happen. You put on the gas in traffic, and end up hitting the driver in front of you. You invite people to your home, and someone slips on an icy sidewalk. While there will always be situations in which mishaps are unavoidable, knowing how to handle these situations when they arise can help… Read More »
Will A Presidential Repeal of Estate Taxes Impact Your Estate Plan?
As power transfers from democrats to republicans in Washington, there are increased rumors of a repeal of the current federal estate tax laws. As addressing potential tax issues is one of the goals of estate planning, would a tax repeal make your current estate planning documents obsolete? The answer to that question is no…. Read More »
Protect Your Assets Against Common Tax Scams
With another tax season upon us, the importance of maintaining a good relationship with the IRS by following all tax rules and requirements is vitally important. Failing to file or pay taxes, not reporting income, or claiming a larger refund than you are owed could subject you to fines and penalties, while risking your… Read More »
Five Steps To Take Now For A Healthier New Year
A new year often provides the incentive to make a fresh start or a new beginning, and what better area to focus on than your own personal health and well-being. One of the main goals of estate planning is asset protection, and good health is the most valuable asset you can possess. Below are… Read More »
Weighing Your Options In Long Term Care
Whether you are in a situation where dealing with the effects of aging and chronic health problems is curtailing your independence and ability to care for yourself, or if you have concerns about a family member or loved one, it is important to know you have options. Long-term care and assisted living facilities are… Read More »
Requirements For Making A Will
Planning for any unexpected circumstances is key to protecting your loved ones as well as your assets. The start of a new year is the perfect time to look at your estate planning documents, making any additions or updates necessary. These documents help to ensure your family and friends are provided for in the… Read More »
Why You Need To Act Now In Planning For Long Term Healthcare Costs
While not everyone will require nursing home care when they are older, most of us will need some additional help in providing for our personal needs and maintaining our independence. Relying on children or younger relatives to assist you is not always a realistic option, and failing to engage in financial planning for future… Read More »