Author Archives: Jay Butchko
Explaining Beneficiary Designation in Estate Planning
There are several decisions to make when putting together an estate plan. Beneficiary designation is one of them. Essentially, when you are engaged in the estate planning process, you get to make decisions on how you want your assets and wealth to be distributed and used after you pass on. You also determine who… Read More »
Tips for Dealing with Stress and Burnout as a Caregiver
Taking care of an older loved one is a rewarding and noble thing to do. Nevertheless, it is also one of the most stressful jobs. Even the most flexible and resilient individuals can feel the strain and stress of caring for an elderly family member. With time, the demands of the role and the… Read More »
Comparing Medicaid and Medicare
It can be easy to get the Medicare and Medicaid programs mixed up. They sound similar, and they are both government-sponsored programs that can help people who need financial assistance for health coverage and services. But, these programs are not the same, and their eligibility also varies. If you are planning for the future… Read More »
5 Types of Individuals Who Could Benefit From a Special Needs Trust
When a loved one has a disability, they may be entitled to certain government benefits such as Supplemental Security Income (SSI) and Medicaid. However, there are eligibility requirements, including a limit on financial resources that could jeopardize one’s ability to secure or keep those benefits. As a result, when estate planning, and one wants… Read More »
Estate Planning For Minor Heirs
When young children become part of a family, this is a life event that requires revisiting one’s estate plan. It is imperative that young children are considered in an estate plan should the unthinkable happen. Because minors cannot manage money and assets by themselves, there are methods and estate planning tools that can be… Read More »
Does it Take a Long Time To Get a Car Accident Settlement in Connecticut?
Car accidents are a widespread problem in the United States, with more than six million crashes happening every year. Car accidents can be quite traumatic as they produce countless injuries and thousands of deaths yearly. After a crash, it is understandable that victims have many questions. A few of the most common include: Do… Read More »
Defending Yourself Against False Domestic Abuse Claims
There are no criminal charges that will not adversely impact someone’s life. And, even if a criminal charge is proven false and a person alleged to have committed a crime is found not guilty, the initial accusations alone can follow that individual around for the rest of their life. Being accused of criminal misdeeds… Read More »
How To Plan for The Future of a Child with Brain Injury
Brain injuries can be genetic, a result from trauma during labor and delivery, or occur traumatically later in life. Each day in the United States, there are approximately 5,000 individuals who will be diagnosed with a brain injury. Currently, across the country, the Brain Injury Alliance indicates that there are 5,300,000 Americans living with… Read More »
Are Special Needs Trusts and Supplemental Trusts the Same?
When considering special needs planning, two terms are usually used, which are special needs trusts and supplemental needs trusts. As a result, there can be some confusion as to what they both mean and if they are different or the same. Both of these terms essentially mean the same thing and are intended to… Read More »
What Is Negligence In A Civil Suit And How Do You Prove It?
The ultimate goal of a personal injury claim is to secure the highest amount of financial compensation that will account for the full amount of damages suffered. To accomplish this, it is critical that negligence exists and is proven. In some situations, showing negligence on the part of another party is clear, and other… Read More »