Author Archives: Jay Butchko
Does Personal Property Go Through Probate?
When a person dies, it is common for their assets to go through probate. But does this mean all their personal property? Every single thing they own? Typically, yes. When you think of probate, you probably think it applies only to big-ticket items, like bank accounts, real estate, and vehicles. But the truth is… Read More »
What Are the Rights of Beneficiaries?
When a person dies, they may leave a will or trust that outlines which assets will be left to which person. The recipient is called a beneficiary. A beneficiary is a person or entity legally designated to receive assets from a trust, will, retirement account, or life insurance policy. While beneficiaries are entitled to… Read More »
Handling Probate for High-Net-Worth Estates
When a person has a lot of money and assets, they typically have some sort of estate planning in place, although this is not always true considering that many celebrities have died without a will. When there is no will in place, the estate will have to go through probate. The good news is… Read More »
Gathering Assets for Probate
If you have been appointed as the executor or estate administrator, one of your first and most critical responsibilities is identifying all assets owned by the deceased. Successfully locating these assets ensures the probate process goes smoothly and nothing of value is overlooked. But where do you start? Here is how to find the… Read More »
What is a Competing Petition in Probate?
You may have been named executor of your deceased loved one’s estate. If so, you have a tough job ahead of you. You have to settle the person’s estate, but it is easier said than done. You may cross many issues, including competing petitions. Competing petitions arise when two or more people ask the… Read More »
How to Avoid Florida Probate If You Own a Mobile Home
Creating an estate plan? You may have questions about your assets, especially if you own a mobile home. Owning a mobile home in Florida does not automatically mean that it will have to go through probate when you pass away. With the right planning, you can pass your mobile home to your loved ones… Read More »