Author Archives: Jay Butchko
Special Needs Financial Planning Recommendations
The following article will provide some recommendations regarding the financial planning of families with special needs members. What is special needs planning? Special needs planning is the process of developing a future plan for a person with an intellectual or developmental disability. This is crucial because it ensures that the person with special needs… Read More »
Durable Power Of Attorney
The following article will provide some information regarding the purpose of a durable power of attorney. What is a “durable” power of attorney? A power of attorney is a type of legal document which transfers authority from one person (referred to as the “principal”) to another person who acts on the principal’s behalf (referred… Read More »
Tips For Choosing The Right Trustee
A trust is a legal entity that can either hold your assets for you during your lifetime or hold your assets for your beneficiaries after you pass away. A trust must have a trustee, which is someone who administers the trust. If you create a trust, you should consider appointing your own trustee (rather… Read More »
Exploring Financial Exploitation Of The Elderly
Financial exploitation of the elderly includes the misuse, mishandling, or exploitation of the property, possessions, or other assets of elderly adults. It also encompasses using an elderly person’s assets without consent, under false pretense, or through coercion and/or manipulation. This article will provide some instances of financial exploitation, the signs to look for, and… Read More »
What Property Should I Include In A Living Trust?
A trust is a legal entity that can either hold your assets for you during your lifetime or hold your assets for your beneficiaries after you pass away. The following article will discuss some types of property you should consider including in a living trust. What is a “living trust”? A “living trust” is… Read More »
How Do I Know If My Elderly Parent Needs A Caregiver?
As they age, most elderly individuals will get to the point where they become unable to do certain things for themselves. In these cases, they may require a caregiver who can attend to their specific needs. The following article will provide some factors for you to consider in determining whether your elderly parent needs… Read More »
Questions To Ask Before Becoming A Trustee
A trust is a legal entity that can either hold your assets for you during your lifetime or hold your assets for your beneficiaries after you pass away. A trust must have a trustee, which is someone who administers the trust. In your lifetime, you may be named as a trustee. The following article… Read More »
7 Estate Planning Mistakes
The estate planning process can be a complicated endeavor. Those who are unfamiliar with the process may end up making costly mistakes. The following article will provide a list of 7 of the most common mistakes that people typically make during the estate planning process, as well as some ways to prevent making these… Read More »
How To Prove Undue Influence In A Will
Oftentimes, a deceased person’s loved ones are surprised to find that the deceased left them nothing under a will. These loved ones may try to challenge the will under the assumption that the deceased would not have drafted the will in such a way if not for the presence of undue influence. The following… Read More »
Do Nursing Home Residents Have Any Rights?
If you are considering nursing home care for yourself or a loved one, you may be concerned about maintaining your autonomy and may question whether residents have any rights. Under the 1987 Nursing Home Reform Act, nursing home residents do have certain rights that must be guaranteed. The following article will provide a brief… Read More »