Author Archives: Jay Butchko
Things to Know When Writing Your Will
When drafting your estate plan, your will usually provides the foundation for it. Writing a will has many benefits. You can name the beneficiaries who will receive your property, name a guardian for your minor children, and more. However, there are very important things to remember when drafting your will to ensure the courts… Read More »
Revocable vs. Irrevocable Trusts: What is the Difference?
Trusts play an important role in estate planning. They ensure your property is protected and that it will be distributed according to your wishes. When drafting a trust, you can choose a revocable or irrevocable trust. Each of these has its own unique benefits and features. Before drafting a trust, it is important to… Read More »
Common Types of Advance Directives in Florida
Many people in Florida have strong preferences regarding the medical treatment and care they do or do not receive. These preferences become even more important when you suffer a mental or physical incapacity and cannot communicate your wishes on your own behalf. There are many different types of advance directives that can provide protection… Read More »
Why Designate a Healthcare Surrogate?
Securing your future and ensuring that your wishes are respected requires drafting a comprehensive estate plan. Many people are aware of the importance of drafting a will so their property is distributed according to their wishes after they pass away and to name a guardian for their minor children. However, there are other legal… Read More »
Funding a Revocable Trust
There are many reasons people create revocable trusts. These legal documents are not subject to probate when you pass away, allowing beneficiaries to receive the property you left for them more quickly. However, revocable trusts must be funded with property or they will be ineffective and will not serve their purpose. Funding a trust… Read More »
How Long Do Partition Actions Take in Florida?
When people co-own property, they cannot always agree on how to use it. These disputes often arise after divorce, when multiple beneficiaries inherit property, in business partnerships, and more. When these disputes arise, partition actions are often the only way to resolve them. A partition action is a legal process in which co-owners of… Read More »
What Probate Disputes are Common in Florida?
Whether you have recently lost someone you love or you are just starting to create an estate plan for yourself, you may have to consider the probate process at some point. The probate process is a process, overseen by the court, that settles a person’s estate after they pass away. During the process, assets… Read More »
Understanding Quiet Title Actions in Florida
Quiet title actions in Florida are formal court procedures that determine whether any open claims to the title of a real property are valid. It is easy to understand why anyone who purchases a home or building for their business wants to ensure that they own the property completely, with the exception of limited… Read More »
What Does a Partition Action Cost in Florida?
Dividing shared property in Florida is a complicated process, and it can also become costly. Partition actions are necessary when co-owners of a property cannot agree about what to do with it. This legal process will either determine how to divide the property, or to sell it. Typically, partition actions start at $5,000, but… Read More »
Benefits and Drawbacks of Seller Financing
Seller financing refers to when a potential purchaser of a home has a portion of the sale financed by the person who is selling the home. The seller then becomes the buyer’s lender and can set their own terms for the loan. This arrangement is usually considered a secondary option to buy a home,… Read More »