Miami residents may be encouraged by estate planning experts to begin drafting the instruments that detail how they would prefer that their assets and property be dispersed early on in their lives. There may be wisdom in such counsel, given that most may not know when...
Month: October 2016
What is Florida’s process for intestate succession?
Despite the best efforts of estate planning experts, many in Miami still may not have any form of a written will. If you count yourself amongst this group, then you may be running the risk of having the state decide where your assets should go once you are gone. If...
Detailing the trustee’s duty of loyalty
Being asked to serve as trustee of a trust account created by a family member, friend or colleague in Miami may be a daunting task. As we here at The Law Offices of Frye and Vasquez, P.L. can attest to, the relationship between trustees and beneficiaries can be a...
Understanding the marital deduction
Many in Miami may never have to worry about the issues of estate taxes. That is because the law allows an individual an estate tax exemption equivalent. Often referred to as the estate tax threshold, this figure represents the amount that one may leave to the...
