Author Archives: Jay Butchko
What Are The Advantages And Limitations Of A DPOA?
A durable power of attorney (DPOA) is a legal document that allows you, known as the principal, to designate someone, known as the agent, to manage your legal and financial affairs. Unlike other types of powers of attorney, the term ‘durable’ refers to the fact that the authority granted to the agent remains in… Read More »
Things To Know About Contesting A Will In Florida
Losing a loved one is extremely difficult. However, a passing can become even more complex when there are disputes regarding a person’s will. If someone believes a will is invalid, it is possible for them to contest it and make things right. In Florida, there is a legal process for contesting wills and it… Read More »
How Can An Attorney Help With Business Succession Planning?
You worked very hard throughout your lifetime and took calculated risks to build your business and ensure it is successful. However, it is important to consider what will happen to your business if you pass away, retire, or become incapacitated. Issues such as daily operations, sales, industry know-how, and others can cause your business… Read More »
Risks Of DIY Estate Planning
A quick search online for do-it-yourself wills, powers of attorney, and other estate planning documents will yield you a number of results. This approach to estate planning may seem convenient and affordable. While it may seem this way, it is not effective. These templates are meant for the masses. However, estate planning should address… Read More »
When Is It Time To Review Your Estate Plan?
Drafting an estate plan is one of the most responsible things you can do for yourself and your family. Contrary to what many people think, estate planning is not a do it and forget it task. It is just as important to review your estate plan regularly to ensure that it is up to… Read More »
How Long Does Probate Take In Florida?
When a person passes away, their estate often has to pass through the probate process. A person’s estate is made up of the assets and liabilities they accumulated during their lifetime. During probate the administration, all property is inventoried and eventually, distributed to the beneficiaries named in a will or according to the intestacy… Read More »
What Happens If Your Parents Pass Away Without A Will?
Losing a parent is one of the hardest things you will ever go through. If your parent did not leave a will behind, it can make the coming months even more complicated and confusing. As in every other state, the intestacy laws in Florida dictate what happens to a person’s property when they pass… Read More »
Can A Trust In Florida Be Contested?
To ensure that your wishes are carried out after you pass away, estate planning is critical. Today, revocable trusts are one of the most popular tools used in estate planning. While trusts are very useful, disputes can still arise. For example, a beneficiary may disagree with the terms of the trust. Or, a trustee… Read More »
Four Estate Planning Mistakes To Avoid
Contrary to what many people believe, estate planning is not only for the aging or the very wealthy. If you do not have an estate plan, state law will make all of the decisions for you including how your property will be distributed, how your finances will be handled if you become incapacitated, and… Read More »
How To Select A Trustee
When creating a trust, you will have to make many decisions. One of the most important decisions is selecting who will serve as the trustee of the trust. A trust is a document containing legally binding instructions, and the trustee is responsible for carrying out those instructions. Your trustee must consistently follow your intents… Read More »