Author Archives: Jay Butchko
Is The LLC Business Structure The Most Underrated Estate Planning Tool?
The Internet is full of advice about how you should choose the limited liability company (LLC) business structure if you are about to establish a business. The authors of these advice articles seem to assume that you know next to nothing about business, and that your LLC will inevitably go bankrupt within five years. … Read More »
Carefree Seniors Pay Cash
In so many ways, life is simpler when you retire. You no longer have to worry about professional networking; you can stay in contact with people because you care about them and enjoy their company, not because getting to know them better will be financially rewarding. You can spend your time doing what you… Read More »
Internet Connectivity May Be The Most Important Retirement Expense
If you were already retired when the pandemic started, then you might not realize how much of a difference COVID relief programs made to working people. From stimulus checks to moratoriums on evictions, these programs prevented millions of Americans from becoming destitute as they worked at in-person jobs or cobbled together an income from… Read More »
You Can Retire With $500K In Savings If You Have More Gratitude Than Cash
Sometimes prosperity is not about how much money you have, but rather your attitude toward it. Certainly, your feelings of anxiety and deprivation are justified if you don’t have enough money to be sure of where your next meal is coming from, but if your idea of “enough” is a specific number in the… Read More »
Is Florida Still An Affordable Place To Retire?
Everywhere you click, journalists are saying that retirement is becoming an outdated concept and that the current generation of employees will never be able to afford to retire. By this logic, retiring in Florida may be an outdated dream. Yes, times change. Retirement pensions are vanishingly rare, and even with a six-figure salary, it… Read More »
How To Disinherit A Family Member With Minimal Drama
You have the right to decide who will inherit your property after you die, and as such, you have the right to disinherit anyone you choose, but there is a wrong way to do it, and we can all imagine what it looks like. Don’t storm out of a family gathering to rewrite your… Read More »
Financial Abuse Of The Elderly Strikes Again In Central Florida
Scams against the elderly are common enough that most seniors are on their guard against the most common types. Even the loneliest people know not to fall for those brightly colored postcards that announce that you have just won a large sum of money. Likewise, when a much younger person matches with you on… Read More »
Why 55 Plus Communities Are Overrated
When you are too old for the rat race but too broke to retire, you might get to thinking that the grass is greener in a world where no one thinks about the rat race, keeping up with the Joneses, or living vicariously through their descendants; people in this alleged utopia live for the… Read More »
Can The Great Resignation Be An Estate Planning Strategy?
The motivations for joining the Great Resignation, in which you quit your job even though you do not have another one lined up and even though you do not have enough savings to be financially independent for a long period of time, are complex, but from the outside, it simply looks like you don’t… Read More »
Your Estate Plan Should Face Reality About Addiction
You are not the target audience for those estate planning sales pitches about protecting your wealth and spending your golden years walking on the beach with your spouse and going on cruises with your friends. You have nothing in common with the people who will only begin work on an estate plan if, for… Read More »
