Can I have a guardianship terminated?
On behalf of Law Offices of Frye & Vazquez, P.L. | Sep 14, 2016 | Guardianships & Conservatorships
Guardianships can be critical for people who need help managing certain matters for reasons including age or incapacity. When in place, a guardianship can protect a ward’s medical care, legal rights and financial well-being.
Four common excuses for not having a will (and why they don’t fly)
On behalf of Law Offices of Frye & Vazquez, P.L. | Aug 10, 2016 | Asset Protection
There are numerous reasons why people put off drafting a will and other legal documents that, together, create a comprehensive estate plan. If you’re one of those people, maybe one or more of these excuses will be familiar. We reveal the mistaken logic behind each, with hopes that those who have not prepared a will realize the foolishness of their ways and takes the necessary steps to put one in place.
What does a guardian do?
On behalf of Law Offices of Frye & Vazquez, P.L. | Jul 22, 2016 | Guardianships & Conservatorships
In our last post, we examined a little more closely the role of a trustee, or the person assigned power and control over a trust. However, there are other people who can be assigned decision-making roles that impact a person’s financial wishes. For instance, a guardian may be appointed in situations where a person — referred to as the ward — is incapacitated and cannot make decisions on his or her own.
Estate planning review needed when marriage, divorce happen
On behalf of Law Offices of Frye & Vazquez, P.L. | Jun 3, 2016 | Wills
Many Floridians place estate planning on the back burner simply because they do not want to think about topics related to dying. However, estate planning is necessary to protect one’s assets in the event of one’s death. Once an estate plan is in place, it’s also important to keep it updated at reasonable intervals.
What are the alternatives to formal probate?
On behalf of Law Offices of Frye & Vazquez, P.L. | May 7, 2016 | Estate Administration & Probate
As we’ve made clear on our blog time and time again, probate can prove to be an incredibly complex process requiring both time and money, and a significant investment of emotional energy by loved ones.
What exactly can your heirs do with all of your unwanted stuff?
On behalf of Law Offices of Frye & Vazquez, P.L. | Apr 12, 2016 | Estate Administration & Probate
As much as we try to fight it or even deny it, the fact remains that the majority of us have accumulated significant belongings — i.e., “stuff” — over the course of our lives. Indeed, while we do our best to keep the amount of clutter under control, more often than not, it simply ends up getting packed away or even left where it’s sitting.
Proceed with caution when it comes to estate planning and Medicaid
On behalf of Law Offices of Frye & Vazquez, P.L. | Mar 3, 2016 | Trusts
When it comes to planning for their long-term care, many people envision having to rely on Medicaid benefits. While this certainly makes good sense, it’s nevertheless important for those in this situation to understand that the decisions they make concerning estate planning can have an impact on their eligibility for these benefits.
A closer look at establishing a guardianship in Florida
On behalf of Law Offices of Frye & Vazquez, P.L. | Feb 26, 2016 | Guardianships & Conservatorships
Over the last few weeks, our blog has dedicated some time to exploring more about Florida’s guardianship process, meaning the legal procedure through which a person is appointed by the court to oversee the care of an incapacitated person.
Are you considering some long overdue estate planning
On behalf of Law Offices of Frye & Vazquez, P.L. | Jan 9, 2016 | Estate Tax
Now that 2016 is finally here, many people are busy implementing and adjusting to their New Year’s resolutions. For instance, they may be in the early stages of quitting smoking, altering their eating habits or getting in shape.
The function of a will in an estate plan
On behalf of Law Offices of Frye & Vazquez, P.L. | Feb 24, 2020 | Wills
If a person in Florida dies without an estate plan, that person’s assets are distributed to family members based on state law. This is known as dying intestate. When a person dies intestate, the distribution of assets is usually made based on which surviving relatives are the closest next of kin.