Author Archives: Jay Butchko
Preparing For The Possibility You or A Loved One May Need Nursing Home Care
The older we get, the more difficult it often becomes to maintain our health and independence. An accident, such as a slip or fall or an illness could be the thing that pushes us past the point where we can perform daily tasks or meet our own needs. Preparing yourself in the event that… Read More »
Five Tips For Creating A Will
While having a will is one of the first and most important steps you can take in estate planning, it is something that many people tend to avoid. The following outlines five simple tips in creating a will to ensure both you and your loved ones are protected. Considerations When Creating Your Will According… Read More »
New App Makes It Easier For Older Adults In New York To Access Services
An important part of Medicaid planning is uncovering the programs available to help you or someone you care about maintain a healthy and active lifestyle. Residents in New York City and the surrounding area are fortunate to live in a state that leads the nation in terms of the overall quality and abundance of… Read More »
Do Healthcare Changes Mean You Will Lose Medicaid?
Changes to the Affordable Care Act have made headlines across the nation. With both political parties and media pundits weighing in, it can be challenging to determine the actual impacts New York residents may experience. Medicaid planning plays a significant role in protecting assets if you or a loved one require nursing home care,… Read More »
Getting Your Financial Affairs in Order Before Going On Vacation
Many of us plan all year in anticipation of a summer vacation and the opportunity to get away from the responsibilities of home, work, or school. Unfortunately, accidents can happen and things can go awry on your trip, and taking the time to make sure you have a solid estate planning and asset protection… Read More »
Choosing The Right Trust For Your Estate Planning
Trusts are a powerful tool in estate planning. They allow you to distribute property and assets to your beneficiaries while avoiding complicated and potentially costly probate hearings, offer tax benefits, and can help shield you against collections from creditors or in lawsuits. There are a variety of trusts you can select to suit your… Read More »
Choosing An Executor For Your Will
Creating a will is a basic element of estate planning. In addition to making sure your will meets all legal requirements in the state of New York, you will also need to name an executor who will file it in court in the event of your death. Choosing the right person to handle the… Read More »
Protecting One of Your Most Valuable Assets: Your Home
Buying a home is a major expense. Between home furnishings, maintenance, and improvements you make over the course of time, it is likely to be one of your biggest investments. An important part of protecting your assets is ensuring your home is safe for both you and your guests, and that it can withstand… Read More »
The Difference Between Medicaid and Medicare Program Benefits
Paying for healthcare costs gets increasingly difficult as you get older, and can easily end up wiping out any assets you have accumulated. While you automatically get Medicare benefits once you reach a certain age, this program fails to provide many of the important benefits older Americans require. Medicaid provides more extensive benefits, but… Read More »
Tips On Saving Money For Retirement
It is never too early or too late to begin thinking about retirement. Whether you are just starting out and hoping to build a decent nest egg, or have gotten a late start and are trying to catch up, putting money into a savings plan regularly is a smart investment. As part of estate… Read More »