A special needs trust may be a beneficial part of your estate plan
On behalf of Law Offices of Frye & Vazquez, P.L. | Aug 3, 2020 | Estate Planning
As you work on your estate plan, something that you may want to include is special needs planning. If you have a child or dependent that turns to you for support due to a disability, then special needs planning is essential.
When are handwritten wills legal in Florida?
On behalf of Law Offices of Frye & Vazquez, P.L. | July 21, 2020 | Estate Planning
You’ve probably heard of someone leaving a handwritten will behind — or maybe you even have a handwritten will tucked away in your own desk drawer. It seems like the easiest way to establish what you’d like to see happen with your assets and personal effects after you are gone. After all, how can a will be considered invalid when it’s clearly in your handwriting?
Estate Planning in the time of corona
On behalf of Law Offices of Frye & Vazquez, P.L. | June 3, 2020 | Estate Planning
Amid this pandemic, as we are barraged with tragic videos and news reports, many Americans are anxious about what would happen should they get sick and be unable to make informed decisions or manage their financial and legal affairs. Some may have no documents in place, or have outdated ones with incorrect beneficiary/guardian/power of attorney designations.
Creating your will: A critical part of your estate plan
On behalf of Law Offices of Frye & Vazquez, P.L. | March 24, 2020 | Estate Planning
If you’ve decided that it’s time to write a will, then you’re going to want to know all the things you can do to make it easier. Everyone is aware that making a will isn’t always the most pleasant thing to do. It draws attention to the inevitable, and it can be uncomfortable.
What should you do with your estate plan after your spouse dies?
On behalf of Law Offices of Frye & Vazquez, P.L. |Feb 24, 2020 | Estate Planning
If you’ve recently lost your spouse, then the last thing that you probably want to think about is updating your estate plan. It’s important that you do so though. While it’s ultimately important that you review all your documents, there are some that you’ll want to go through and update sooner than others.
Let an experienced attorney guide you through your executor role
On behalf of Law Offices of Frye & Vazquez, P.L. | Jan 28, 2020 | Estate Planning
Executors of estates have many responsibilities. One of the many tasks that you’re responsible for handling is the division of assets among a decedent’s heirs. This is much more involved than it seems on the surface.
What are some misunderstandings about estate planning?
On behalf of Law Offices of Frye & Vazquez, P.L. | Jan 24, 2020 | Estate Planning
Do you ever think about what will happen to all your earthly belongings after you die? You may not dwell on it, but it is a good idea to at least give it some thought. Many people do this by creating an estate plan. However, not enough people are creating estate plans because they get caught up in misconceptions about why they should do it or when they should do it.
What are the common reasons for a delayed probate process?
On behalf of Law Offices of Frye & Vazquez, P.L. | Oct 28, 2020 | Estate Planning
At least a portion of most people’s estates need to go through the probate process at the end of their lifetime. Probate can be take time and be costly because of the court administration that is involved.
Personal representatives play an important estate planning role
On behalf of Law Offices of Frye & Vazquez, P.L. | Sep 23, 2020 | Estate Planning
One of the most important decisions Florida residents are faced with when they create an estate plan is choosing who to appoint to be their executor or trustee. Some people give the matter little thought before appointing a close friend or relative to see that their wishes are followed, but the complex nature of the duties involved merit more careful consideration. Personal representatives make important decisions, contend with strict deadlines and some of the legal and financial issues they deal with are extremely complex.
Student loans after death
On behalf of Law Offices of Frye & Vazquez, P.L. | Aug 26, 2020 | Estate Planning
As young Florida residents put together their estate plans, they may wonder what will happen to their student loans after they die. Regardless of the amount a person borrowed, it is important to understand what will happen to this debt after death.