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Author Archives: Jay Butchko

EstPlanning

Business Succession And Estate Planning: How Can They Work Together?

By Strategic Counsel Law Group, L.C. |

Planning for succession in any business is one of the most critical decisions a business owner can make. The sustainability of a business in the future depends on decisions that are made now, and some of those decisions include questions such as: Will the business be viable beyond the lifetimes of the current owners?… Read More »

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Estate Planning For Millennials: What Younger Adults Should Know About Planning For The Future

By Strategic Counsel Law Group, L.C. |

Estate planning seems like a far-off concept for those in their 20s and 30s, still trying to build their lives and careers. Creating a will, distributing assets, and planning for guardianships seem like responsibilities for senior citizens, not those with TikTok accounts. Most people under 40 may not feel they have enough property or… Read More »

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How To Talk About Estate Planning With Your Parents

By Strategic Counsel Law Group, L.C. |

As you and your parents get older, you might start thinking about estate planning issues that could be needed in the future. Or, perhaps, neither you nor your parents have thought about those issues at all. Either way, there is no avoiding the inevitability of the aging process and death and the need to… Read More »

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Alzheimer’s And Dementia Issues In Estate Planning

By Strategic Counsel Law Group, L.C. |

Alzheimer’s and other forms of dementia are more common than most of us think. Currently, over 6.5 million Americans have Alzheimer’s and related types of dementia. These are most common among those over 65 years old, but over 200,000 people under 65 in the U.S. also experience dementia or Alzheimer’s disease. As people continue… Read More »

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Overview Of The Probate Process In Florida

By Strategic Counsel Law Group, L.C. |

Generally, probate is a court-supervised process for identifying and distributing the deceased’s assets to their beneficiaries. This also involves identifying debts or creditors and paying those claims if they exist. Probate can be confusing, stressful, and time-consuming for those involved, especially if the deceased has no estate planning in place. Some of the main… Read More »

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Preparing A Will In Florida: 5 Things To Know

By Strategic Counsel Law Group, L.C. |

You aren’t alone if you don’t have a will or don’t think you need one. According to one recent study, about 60% of Americans don’t have a will. Most people without a will believe they don’t have an “estate” to plan for or have simply put off planning for end-of-life issues. Admittedly, it is… Read More »

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Crisis Medicaid Planning In Florida: What To Do When Long-Term Care Is An Immediate Concern

By Strategic Counsel Law Group, L.C. |

We tend to think about nursing-home, and special-needs care as a distant prospect to be dealt with at some future time. It is human nature to put off decisions on these matters because there is always more time to plan – until there isn’t. First and foremost will be your concerns about a family… Read More »

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Planning For Special Needs Trusts In Florida

By Strategic Counsel Law Group, L.C. |

For most people, qualifying for Medicaid and SSI can be painstaking and complex, as these “means-tested” programs require an individual to fall below a certain income threshold. These income standards are very low. Anything over essentially poverty-level income can disqualify a person from receiving critical Medicaid or SSI benefits that cover healthcare expenses and… Read More »

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Durable Powers Of Attorney And Estate Planning In Tampa, Florida

By Strategic Counsel Law Group, L.C. |

You are probably familiar with the idea of wills and trusts when it comes to estate planning. After all, we usually frame the concept of estate planning is what happens to our property when we pass on. However, just as important is what happens in the months and years leading up to the distribution… Read More »

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Revocable V. Irrevocable Trusts In Florida: What Are The Differences?

By Strategic Counsel Law Group, L.C. |

In addition to wills, trusts can effectively transfer assets and achieve specific goals for your beneficiaries. Unlike a will, trusts do not need to pass through the probate process, and their assets can reach your beneficiaries quickly and cost-effectively. Trusts also have certain benefits for tax and asset protection that other estate planning methods… Read More »

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