Author Archives: Jay Butchko
Summary Estate Administration And Florida Law
You always hear that, when a family member dies, you must promptly submit a petition to the court for probate of the estate, but what happens if you don’t? Not much, except that the decedent’s heirs and creditors don’t get paid. It isn’t as if the estate can assess penalties on a dead person… Read More »
The Place Holder Estate Plan
Nothing is sweeter than a moment of idleness that you know you can afford. By contrast, when you procrastinate certain unpleasant tasks because the thought of doing them stresses you out, the whole process only increases your stress levels. Estate planning is eminently easy to stress about and even easier to procrastinate. No one… Read More »
Are You In Compliance With Your Fiduciary Duty As Personal Representative Of An Estate?
A lot of people feel honored when they hear that a family member’s will contains a provision for the person to be appointed as person representative of the testator’s estate. Acting as personal representative of a family member’s estate can seem like an act of love, and people gladly take on the responsibility as… Read More »
Should You Be Afraid Of Medicaid Estate Recovery?
Estate planning lawyers often warn you not to outlive your savings, but what is the worst that can happen if you do? You will not be able to enjoy the trappings of retirement like people with robust retirement savings can, but you will not be without food and shelter. You will still get Social… Read More »
Does Selling Your Small Business Count As A Retirement Plan?
If you believe the histrionic news reports and the snarky listicles on social media, all the Baby Boomers retired at age 65 from corporate jobs and rode off into the sunset toward their houses with paid off mortgages and their retirement pensions and savings accounts that would enable them to lounge on the beach… Read More »
How To Ensure That Your Heirs Inherit Your Cryptocurrency
One of the most valuable things a person can lose is the digital key to a cryptocurrency wallet. Bitcoin and its imitators appeared on the scene quickly a little more than a decade ago, and no one is really sure how much money their owners have gained and lost through cryptocurrency investments. A recent… Read More »
Get Your House In Order Now To Save For Retirement Later
The last thing anyone wants to hear right now is more bad news about the economy. Gasoline prices have been getting lower, but we might be on track for a recession next year. Everything else is still prohibitively expensive. If you are on an income-based repayment plan, then the $10,000 of student loan forgiveness… Read More »
What Are Your Options For Senior Housing?
You are so young that you have only recently started getting mail from the AARP. You barely even qualify as a senior, so you are years away from needing to make a decision about senior housing. It helps to know what the options are and how affordable they are. You can stay in your… Read More »
Who Gets A Copy Of The Decedent’s Will During Probate?
Being the personal representative of the estate of a deceased person is a big job. This is why some people designate a probate lawyer to act as personal representative, and why some people whose family members named them as personal representative choose to hire lawyers to help them fulfill their duties as personal representative. … Read More »
Memory Care And Your Estate Plan
Perhaps you have a detailed plan about what you will do with your house in preparation for aging in place. Now that your children are still living at home and you are working full time, you are concentrating on paying off the mortgage. Once you have paid off the mortgage, you will concentrate on… Read More »
