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Author Archives: Jay Butchko

POA_Durable

Why Appoint A Durable Power Of Attorney?

By Legacy Protection, LLP |

Appointing someone else as ‘power of attorney’ (POA) is very useful. When you appoint someone as your POA, they have the authority to act on your behalf. The POA is often referred to as the ‘agent’ and they will be empowered to take very specific actions. For example, if you appoint someone as your… Read More »

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6_CheckBoxes

A Checklist For Business Succession Planning

By Legacy Protection, LLP |

As a business owner, it is critical that you have a business succession plan. A succession plan will allow for a smooth and seamless transition should you ever decide to leave the business. Without a business succession plan, there will not be any guidance if you have an emergency, decide to retire, or pass… Read More »

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Will18

Does Your New Will Invalidate Your Old One?

By Legacy Protection, LLP |

As your life circumstances change, so should your estate plan. After a birth, divorce, or other major life event, you may want to update your will or create an entirely new one. While this is a very wise and responsible decision, creating a new will can create certain complications. Many people automatically assume that… Read More »

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Don'tKnow3

What Is A Letter Of Instruction, And Why Is It Important?

By Legacy Protection, LLP |

Creating a will or trust as part of your estate plan is a great way to plan for not only your future, but also that of your loved ones. Your family will have to determine what steps to take next and they will be looking for guidance during a very difficult time. Once you… Read More »

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Dispute5

What Are Common Probate Disputes In Florida?

By Legacy Protection, LLP |

Whether you are currently creating an estate plan for yourself or you have recently lost a loved one, you will have to consider the probate process. The probate process is intended to settle an estate after someone passes away. During probate, property is gathered, the assets in the estate are valued, debts are paid,… Read More »

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DNATest2

How Do DNA Kits Affect An Estate Plan?

By Legacy Protection, LLP |

DNA kits available from companies such as 23 and Me and Ancestry are becoming very popular today. With just one swab a person can find their genealogical and hereditary information, family history, and even long-lost relatives. Although these services do provide a great deal of value, they also pose their own challenges when estate… Read More »

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FatherSon7

Necessary Estate Planning Documents For Single Parents

By Legacy Protection, LLP |

As a single parent, your life is very busy. You have work, your child’s extracurricular activities and school, and more. Even if you are co-parenting with another adult, life is still very hectic, and if you are not, it may feel chaotic at times. In the shuffle of life, it can become easy to… Read More »

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KnowRights2

What Rights Does A Surviving Spouse Have In Florida?

By Legacy Protection, LLP |

A person’s estate may have to go through the probate process regardless of whether they did or did not have a will. When an estate has to go through probate, surviving spouses of the deceased are given certain rights under Florida law. This is especially important when the deceased had children from a previous… Read More »

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Salesman

5 Ways The Lack Of Privacy In Probate Can Hurt Your Heirs

By Legacy Protection, LLP |

There are many reasons people create an estate plan that will help their heirs avoid the probate process. Some want to make sure their beneficiaries receive their inheritance faster, while others want to protect their loved ones from the cost. One reason to avoid probate that is often overlooked is to keep matters concerning… Read More »

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Adoption_Fam

Why Young Parents Should Start Estate Planning Now

By Legacy Protection, LLP |

It is a common misconception that estate planning is only for the elderly or the very wealthy. Anyone who has loved ones they want to protect in the event they pass away must have an estate plan in place to ensure that protection is provided for. Young parents often think they do not need… Read More »

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