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Author Archives: Jay Butchko

18_Birthday

Documents Your Child Needs After Turning 18

By Legacy Protection, LLP |

When your child turns 18 years old, they are no longer a minor and will gain many rights. After turning 18, your child will have full authority over their legal, financial, and medical decisions. You can no longer make decisions for your child at this point, nor will you have access to their privileged… Read More »

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TaxLoophole

How To Avoid Capital Gains Tax When Inheriting Property

By Legacy Protection, LLP |

Inheritances are meant to provide family members with a bit of financial security after a loved one passes away. Although people usually benefit from the inheritances that are left to them, there are times when inheriting property can be more stressful than a person thought. For example, even the most well-intentioned inheritances can result… Read More »

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Common Mistakes In Estate Planning

By Legacy Protection, LLP |

Estate planning is something many people put off doing. Even when people are responsible and create an estate plan, they sometimes make mistakes that essentially undo all of their hard work. If you are thinking about creating an estate plan, it is critical to work with a St. Petersburg estate planning lawyer who can… Read More »

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MoneyGift2

Benefits Of Gifting An Early Inheritance

By Legacy Protection, LLP |

As people start to accumulate wealth and assets, they often also begin to think about who they want to receive it after they pass away. While leaving a legacy for your family has many benefits, there are also many advantages to giving your loved ones their inheritance early through gifts. One of the biggest… Read More »

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Beneficiary3

Mistakes To Avoid When Designating A Life Insurance Beneficiary

By Legacy Protection, LLP |

There are many important components of estate planning and investing in a life insurance policy is certainly one of them. You can name a beneficiary on a life insurance policy who will receive the proceeds without the need to go through probate. Unfortunately, many people make some common mistakes when naming these beneficiaries. Below,… Read More »

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FatherBoys

Important Estate Planning Considerations For Single Parents

By Legacy Protection, LLP |

Life for single parents is extremely busy. You have to go to work, take care of your children, attend school activities, and maintain your home all on your own. All of these are huge responsibilities, even for those who co-parent with another person, and especially for those who do not. Creating an estate plan… Read More »

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Frequently Asked Questions About Probate In Florida

By Legacy Protection, LLP |

Probate is a court-supervised process that involves administering the property of a deceased person. Many people have heard of the probate process, but they are unsure of everything it entails, how long it will take, and the costs associated with it. Below, our St. Petersburg probate and trust administration lawyer answers some of the… Read More »

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Mistakes5

Avoid These Mistakes When Writing A Living Trust

By Legacy Protection, LLP |

A living trust is a legal document established by the grantor during their lifetime to protect their assets and direct the distribution of their assets upon their death. The beneficiary of a trust is the person for whom the trust is created and who generally may receive the property from the trust after the… Read More »

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ManThinking13

What Duties Does A Personal Representative Have In Florida?

By Legacy Protection, LLP |

A personal representative, also known as an executor, is a person named in a will or appointed by the court to handle the administration of an estate. While many states use the term ‘executor,’ Florida refers to this person as a personal representative. Personal representatives have many duties under Florida law. Below, our St…. Read More »

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NeedLawyer

Do You Need A Lawyer To Draft A Will In Florida?

By Legacy Protection, LLP |

All adults in Florida should have a last will and testament to ensure that their final wishes are respected. You are not required to work with a lawyer to prepare a will. However, the help of an attorney is invaluable when creating these legal documents. Below, our St. Petersburg wills lawyer outlines a few… Read More »

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