Author Archives: Jay Butchko
Estate Planning Amidst A Pandemic
Estate planning is important on any given day, but it has proven to be important during a pandemic. The world has been living in uncertainty because of COVID-19 since 2019. Amid the climate of uncertainty surrounding the pandemic, people of all ages have been forced to grapple with the difficult subject of estate planning… Read More »
Can A Minor Child Be A Trust Beneficiary In The State Of California?
If you are a Californian and in the process of estate planning, one of the questions you might be asking yourself is whether your minor child can be a Trust beneficiary in the state of California. Asking yourself this question is completely understandable, considering minor children generally cannot directly own money and some other… Read More »
Beneficiary Rights You Need To Know About As A Trust Or Will Beneficiary
As a Trust or Will beneficiary in California, you have certain rights, and it is important that you know about these rights. Only after you understand your rights as a Trust or Will beneficiary can you ensure that your rights and interests remain protected. In this article, get to learn about some of the… Read More »
Estate Planning For Single Parents
Over the decades, the share of children in America living with a single parent has been rising. According to Pew Research Center, children in the U.S. are more likely than children elsewhere to live in single-parent households. According to the research center, almost a quarter of children in the United States under the age… Read More »
Do Personal Representatives Of Probate Estates Get Paid In California?
In most cases, Personal Representatives, also known as Executors and Administrators, are entitled to payment for their work. Serving as the Personal Representative of a deceased person’s probate estate is a time-consuming job. However, The Probate Guy makes it easy and much less time consuming by taking care of just about everything for you. … Read More »
Here’s Why You Need A California Estate Plan Even If You Don’t Have Children
One of the most prevalent misconceptions about estate planning is that estate planning is only crucial for couples and individuals with children. For most people, having a child is what makes them know that it’s time for estate planning. However, in reality, children should not be the sole indicator that you need an estate… Read More »
What Happens If An Estate Doesn’t Have Enough Money To Pay Debts And Beneficiaries?
When talking about estate planning, people usually assume that there will be an estate with enough assets to be shared among heirs and beneficiaries. But, what happens when someone dies and leaves behind more debts than assets? Imagine having to handle the loss of a loved one and the fact that they left more… Read More »
3 Crucial Estate Planning Tips For Blended Families
Family life is constantly changing, and according to Pew Research Center, blended families are more common in the United States. Blended families are generally more common in the United States because of divorce and remarriage. Approximately one out of six children in America lives in a blended family. This is a family where a… Read More »
Can Parents Unequally Divide Assets Among Their Children?
If you have assets, it is up to you to decide who inherits what after your passing. When you have children, making such a decision can be extremely difficult, especially if you are closer to one child and not close to the other(s). Also, deciding what to live for each child can be difficult… Read More »
Can A Beneficiary Also Be A Trustee In California?
A trustor/settlor/grantor may choose to set up a trust for various reasons, and the fact that a trust can be set up for many reasons is one of the things that makes this estate planning tool quite exciting. Generally speaking, a California trust can help a trustor accomplish nearly any goal they have with… Read More »
