Author Archives: Jay Butchko
When to Update Your Estate Plan
The majority of adults in New Port Richey, and throughout Florida, should have an estate plan in place. These plans outline how you want your property distributed after your death, name a guardian for your minor children, and can even include your end-of-life wishes or name an agent to make decisions for you in… Read More »
Three Seller Financing Mistakes to Avoid
Seller financing was very popular in the past, particularly in farming and rural communities. Popularity for this arrangement, in which the seller holds the note on a property in exchange for payments until the parameters of the sale are satisfied, then popularity waned slightly. Today, seller financing is becoming more popular with the advent… Read More »
Four Things to Consider When Selecting a Guardian for Your Children
Many people draft a will in order to outline their preferences for how their property is distributed after they pass away. While this is certainly a very important function of wills, it is also not the only one. If you have minor children, it is even more important that you draft a will so… Read More »
FAQs About Partition Actions in Florida
There are many reasons people choose to own land together. People who are not married may purchase a home together. Or, business partners may purchase a piece of property for their business. In other instances, children may be left a piece of property to own together. Regardless of the reason for property being co-owned,… Read More »
When Should You Update Your Will?
All adults in Florida should have a last will and testament drafted in the event that they pass away. Even if you only have a bank account or a vehicle, a will can ensure that they are distributed according to your wishes. Perhaps you have considered drafting a will, or maybe you already have… Read More »
Things to Know About Ancillary Administration
It is not uncommon for people to own a main residence in another state, but also have a vacation home in the Sunshine State they escape to during the winter months. For the whole entire family, this can be quite a thrill. Having a sunny and balmy escape in the middle of winter is… Read More »
The Different Types of Property Deeds in Florida
Deeds are physical documents that convey ownership of a property. Contrary to what many people think, the title to a property is not the same thing as a deed. Deeds are physical documents while titles refer to the concept of ownership rights. The simplest way to understand this is by thinking of the concept… Read More »
Frequently Asked Questions About Summary Administration in Florida
After a loved one passes away, their surviving family members are left with the challenging task of determining what to do with their house, vehicle, and other property. If the deceased’s assets are valued at $75,000 or more, family members typically have to go through a process known as formal administration. On the other… Read More »
What Not to Do When Drafting Your Will
To secure your legacy and ensure that your wishes are fulfilled after your departure, drafting a will is a crucial step. A clear, well-structured will serves as guidance for your loved ones during one of the most difficult times of their lives and helps them avoid any possible legal disputes or confusion. When drafting… Read More »
What is a Lender’s Burden of Proof in Foreclosure?
Before lenders can foreclose on a home, they must file a lawsuit against the homeowner. Unless the homeowner does not respond to the lawsuit, lenders must also appear in court, argue their case, and refute arguments from the other side that they may not have the right to foreclose. When arguing their case, lenders… Read More »