What will my stepparent inherit if my parent dies?
On behalf of Law Offices of Frye & Vazquez, P.L. | April 19, 2020 | Estate Planning
One of the most confusing and potentially contentious topics when it comes to estate planning is where the assets go if one or both parents die without a will. This can be especially complex if a parent has remarried. You and other Florida residents with blended families may be interested in learning what can happen if a parent dies, leaving behind a surviving stepparent.
Why unmarried couples need an estate plan
On behalf of Law Offices of Frye & Vazquez, P.L. | Feb 24, 2020 | Estate Planning
It may be important for unmarried couples in Florida who live together to create estate plans to ensure that they have certain rights that are granted automatically to married people. First, each person should have a health care power of attorney that authorizes the other person to make medical decisions. This reduces the likelihood of a battle with family members for this authority if one person falls ill.
How can I choose an executor for my estate?
On behalf of Law Offices of Frye & Vazquez, P.L. | Nov 16, 2018 | Estate Planning
The executor of your estate will be responsible for many essential duties after you’re gone. From settling outstanding debts to ensuring your heirs receive your assets, the duties of an executor are often quite complex. That’s why picking the right candidate is so important, and AARP offers guidance on how you can do just that.
Is my will valid in a different country?
On behalf of Law Offices of Frye & Vazquez, P.L. | Jun 29, 2018 | Estate Planning
When you own property in a different country, you may wonder if your will is valid in both Florida and the other country. It is important to understand how you may need to change your will to make sure it will be valid after your death.
What challenges do my parents face as they age?
On behalf of Law Offices of Frye & Vazquez, P.L. | Apr 9, 2018 | Estate Planning
When you are coming to terms with your parents’ mortality, getting their estate affairs in order and protecting them from financial abuse are priorities. However, you and other Florida residents with aging parents may also be concerned about their emotional and physical well-being. For many, the challenges during the golden years can lead to depression and isolation. You and your relatives may play a vital role in helping your parents age with dignity and continue to feel useful and important to the family.
For what reasons can you challenge a will in Florida?
On behalf of Law Offices of Frye & Vazquez, P.L. | Mar 2, 2018 | Estate Planning
If you feel that someone’s Florida will disinherited you or insufficiently provided for you, you may be wondering if you should challenge it. The first thing you need to know is that not everyone can challenge a will. You can only do so if you are an “interested party;” i.e., a close family member who has the legal right to inherit from the decedent had (s)he died without making a will.
What does it mean to die intestate in Florida?
On behalf of Law Offices of Frye & Vazquez, P.L. | Feb 16, 2018 | Estate Planning
If you are a Florida resident who has not yet gotten around to making a Last Will and Testament, you may wish to reconsider your recalcitrance. While no one likes to think about their own death, having a will is one of the best ways for you to make sure that when you die, your property will go to those and only those to whom you wish to distribute it. If you die before you make a will, you will be considered to have died intestate and the state of Florida will decide who your heirs are and which of them gets which portion of your assets and property.
Consider a trust if disinheriting a child
On behalf of Law Offices of Frye & Vazquez, P.L. | Jan 17, 2018 | Estate Planning
If you live in Florida and are working on your estate plan, you may have concerns about leaving money or assets to one or more of your children. Parents disinherit their children for many different reasons, but regardless of your reasoning for doing so, establishing a trust may help ensure your wishes come to fruition.
Insurer sues to avoid paying benefit to man who killed his mother
On behalf of Law Offices of Frye & Vazquez, P.L. | Feb 8, 2017 | Estate Planning
Many in Miami may joke about people wanting to do away with their wealthy parents or relatives so that they can inherent their money. Yet as difficult as it may be for some to believe, circumstances may actually arise where one who caused another’s death may attempt to claim inherited benefits.
Detailing the payment of a personal representative
On behalf of Law Offices of Frye & Vazquez, P.L. | Jan 9, 2017 | Estate Planning
Acting as the personal representative for an estate in Miami can be quite an awesome responsibility, and one that many have come to us here at The Law Offices of Frye and Vazquez, P.L. so seek guidance in fulfilling. If you have been asked to assume this role, one question that may be lingering in your mind is whether or not you may be compensated for the work that it demands. You may be happy to hear that Florida law does allow you to be paid for your service.
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