Author Archives: Jay Butchko
How Does Medicaid Planning Involve Asset Protection?
Whether you have parents who are getting to the age where they could soon require some form of long-term care, or you are starting to think about retirement in the next decade or so yourself and how to make financial plans for the future that take into account potential health needs, it is important… Read More »
What is a Power of Attorney?
Whether you are in your 40s, 50s, or older, it is critical to think about estate planning and the documents that you will need to have in place to protect yourself and your family. One important type of document is the power of attorney (often simply called a POA), and it is important to… Read More »
What is the Medicaid Lookback Period?
Whether you are starting to think about Medicaid planning and asset-protection strategies for yourself as you age, or you are assisting an elderly parent with Medicaid planning and asset protection, it is critical to understand what is involved in Medicaid planning and how the “lookback period” works. In short, the lookback period refers to… Read More »
Life’s Events Documents and Estate Planning: What Do I Need?
While none of us can fully plan for unexpected life events, it is possible to make plans so that you maintain your ability to make decisions in certain circumstances as best as possible, and that you identify other people you trust to make decisions for you if you become unable to do so for… Read More »
How A Trust Can Safeguard Your Minor Child’s Inheritance
There is nothing that you would not do for your child and to ensure their safety and security. This includes proactively developing an estate plan or updating an existing one when you become a parent. But when you write your estate plan, what you include in it makes a big difference. Putting together an… Read More »
Top Financial Tips for New Parents
When a child is on the way, the number of things to prepare for can seem impossible. From picking a name to stocking a nursery full of all the blankets and diapers a baby will use, it is a lot for a couple to handle. Children are life-changing, and when bringing one into the… Read More »
Medicaid Planning and Long-Term Care in Connecticut: What to Consider
Anyone who is currently in their 50s or assisting aging parents with nursing home care and assisted-living facility considerations is realizing that it is about the time that they begin thinking about these issues for themselves, too. To be sure, although it may still be more than a decade or two before you may… Read More »
What Estate Planning Documents Do I Need?
While there is a common misconception that estate planning is a process that is only important for older adults, it is essential for Connecticut residents to know that estate planning is critical for adults of all ages. In particular, once you are in your late 30s and into your 40s with minor children and… Read More »
What is Required for a Valid Will in Connecticut?
Adults of all ages should consider estate planning, but it is particularly important to think seriously about a will once you get into your 40s and have a family you want to protect. While it can be difficult to think about an unexpected death and what will happen when you are gone, a will… Read More »
What Should I Know About Title XIX?
Whether you are starting to think ahead about Medicaid planning and long-term care issues for yourself, or your elderly parents are in need of immediate assistance due to a need for long-term care and options for paying for a nursing home, it is important to know about Title XIX. If you have started to… Read More »