What if my spouse died and never updated their will?
On behalf of Law Offices of Frye, Fortich & Garcia, P.L. | June 15 2023 | Estate Administration & Probate
Losing a loved one is never easy, especially when that loved one is the person with whom you shared a home and life. The stress and grief may be compounded But, what happens if your spouse never updated their will to include you after you got married, or perhaps did not include you in a will executed after you got married. You may be concerned about your ability to inherit any of your spouse’s estate.
The Importance of Designating a Health Care Surrogate
On behalf of Law Offices of Frye, Fortich & Garcia, P.L. | May 11, 2023 | Estate Administration & Probate
A Designation of Health Care Surrogate is a legal document that allows you to choose someone to make important healthcare decisions on your behalf if you are unable to do so yourself. Some of the benefits of having a Designation of Health Care Surrogate are:
With careful planning Probate can be avoided
On behalf of Law Offices of Frye, Fortich & Garcia, P.L. | April 16, 2023 | Estate Administration & Probate
Probate Administration (usually just referred to as “probate”) is the legal process for transferring the assets of a deceased person to the beneficiaries under their Last Will and Testament, or if none exists, then to their heirs as determined by statute.
Common Estate Planning Mistakes
On behalf of Law Offices of Frye, Fortich & Garcia, P.L. | March 15, 2023 | Estate Planning
Here are 7 of the most common estate planning mistakes people make:
- Not Communicating with Your Heirs. Anyone who is assigned a role in your estate plan — agent, personal representative, trustee, etc. — should know what their responsibilities are once you pass away.
Types of Guardianship
On behalf of Law Offices of Frye & Vazquez, P.L. | February 20, 2023 | Guardianships & Conservatorships
A Guardianship is a legal arrangement in which a person, called a Guardian, is appointed by a court to manage the financial affairs and/or personal care of another person, called the Ward. There are several different types of Guardianships,
Appointing a Personal Representative for Your Estate
On behalf of Law Offices of Frye, Fortich & Garcia, P.L. | January 16, 2023 | Estate Administration & Probate
You may have heard the terms “Executor” “Executrix” “Administrator” “Administratrix”, or “Personal Representative.” These are all synonymous terms used to describe the person entrusted with administering the estate of a person that has passed away. Florida uses the term “Personal Representative” for this person.
Strategies to Reduce or Eliminate a Death Tax
On behalf of Law Offices of Frye, Fortich & Garcia, P.L. | December 15, 2022 | Estate Taxes
Estate tax, also mistakenly referred to as inheritance tax or death tax, is a tax on the assets of an individual that has died. Inheritance itself is not a taxable event, as the tax is paid by the estate of the deceased based upon the value of the decedent’s assets at time of death. In the United States, estate tax is levied by the federal government and a few state governments.
Asset Protection Strategies
Planning For an Uncertain Future
On behalf of Law Offices of Frye, Fortich & Garcia, P.L. | October 5, 2022 | Estate Planning
It goes without saying that one of the best days in your life, as you age, is the day you finally retire. Indeed, after decades spent putting in long days and making long commutes, you are finally free to enjoy the fruits of your labor, perhaps taking up a hobby full-time, relocating to a dream spot, or just enjoying the absence of an agenda.
Benefits of Estate Planning
On behalf of Law Offices of Frye, Fortich & Garcia, P.L. | September 12, 2022 | Estate Planning
Why should you get your estate plan taken care of as soon as possible?
