People often view the preparation of wills or trusts as something that older estate owners in Florida need to do. While this is true, everyone should consider estate planning as soon as they reach adult age. Even if a young person does not have any assets, official...
Wills
Planning your estate for your unique assets
In a recent article about Florida timeshares and estate planning, we looked at one of the most commonly contentious assets in the probate courts. We believe that a practical and well-maintained estate plan has the power to turn these types of potential problems into...
The benefits of having a will in addition to a trust
Trusts have allowed many people in Florida to develop new ways of handling their estate planning. They can provide some benefits during an estate owner's lifetime as well as create a flexible framework for the distribution of assets after death. For wealthier...
The basics of estate planning
Many Florida residents put off estate planning because the prospect of drafting wills, trusts and powers of attorney seems daunting. The process may be less confusing if it is approached with beneficiaries rather than assets in mind. People generally want to know that...
Why estate planning is important for everyone
When an entertainer passes on, their fans in Florida and throughout the country tend to listen to that person's music or watch that person's movies. This means that a deceased performer may continue to make money after he or she dies. It is estimated that Michael...
Disadvantages of a do-it-yourself will
Some Florida residents might assume that a do-it-yourself will is easier and cheaper than having a lawyer help prepare an estate plan. In fact, there can be a number of disadvantages to a DIY will, and it can be more costly to family members in the long run....
Estate plans and chronic illness
Almost 157 million people around the country will have a chronic illness by 2020. Florida residents who have a chronic illness or have a loved one who is chronically ill should make sure that their estate plans include the legal documents that directly address their...
Planning for incapacity: why and how
Estate planning is about more than deciding what will happen after you die. You also need to decide what happens if you become incapacitated or disabled. At the Law Offices of Frye and Vazquez, we know that no one in Florida wants to think about the possibility of...
Why estate planning is easier with professional help
Estate planning can be a complex endeavor for those living in Florida or anywhere else in the United States. Therefore, it is generally a good idea to create an estate plan with the help of a professional. One attorney remarked that estate planning is akin to...
Estate planning critical for entrepreneurs
Business owners in Florida may have particular concerns when it comes to planning for the future. Making a will and having an estate plan is essential for everyone who wants to protect their loved ones, but it can be especially crucial for business owners. In many...