Talking to Your Aging Parents About Wills and Estate Planning - Part 2
On behalf of Law Offices of Frye & Vazquez, P.L. | September 10, 2021 | Estate Planning
In addition to the other topics covered in last month’s post, this conversation should ask where important financial items and documents are. Unexpected death, or just the gradual unmooring of dementia, could make these items seem to disappear, locking out assets that could become very important.
Talking to Your Aging Parents About Wills and Estate Planning - Part 1
On behalf of Law Offices of Frye & Vazquez, P.L. | August 16, 2021 | Estate Planning
How NOT to start a conversation with aging parents: "We need to talk To start things off, I want you to think about how you’re going to die
Protect Your Family, Money, and Property with a Revocable Living Trust
On behalf of Law Offices of Frye & Vazquez, P.L. | July 26, 2021 | Trusts
A Last Will and Testament is your written instruction as to how your assets will be distributed after you pass away, but a court must give it legal effect through an often costly and time-consuming probate process.
Probate Without a Will
On behalf of Law Offices of Frye & Vazquez, P.L. | June 28, 2021 | EstateAdminstration & Probate
A will’s job is to legally protect the assets and wishes of a person who passes away. The probate process ensures that the will is legal and carries out the way its owner intended.
Hiring a Lawyer to Manage Lottery Winnings
On behalf of Law Offices of Frye & Vazquez, P.L. | June 2, 2021 | Trusts
It sounds like a dream come true, but if you’re not careful, it can become a nightmare. If you win the lottery, or find yourself the recipient of any major financial windfall, you might think your biggest decision will be what you should buy first. But the truth is, you’ll need help to keep as much of that money as possible to spend down the road.
Don't Write Your Own Will
On behalf of Law Offices of Frye & Vazquez, P.L. | April 30, 2021 | Wills
Don’t make the mistake of drafting your own Will and estate plan to save money. With general forms available and online companies that claim to walk you through the “easy” drafting process, it is common to fall prey to their low-priced services.
Creating a Trust When Your Family Has Debt
On behalf of Law Offices of Frye & Vazquez, P.L. | April 9, 2018 | Trusts
A trust can protect your assets for the next generation. However, if you have debt, the trust will not necessarily protect assets from creditors. If you or your beneficiaries file for bankruptcy, for example, the trust could be seized for repayment of debts.
The Importance of Long-Term Care Planning
On behalf of Law Offices of Frye & Vazquez, P.L. | March 20, 2021 | Estate Planning
Life expectancy has increased in the U.S., and so it’s more important than ever to plan for your health needs as you age. Keep in mind the need for long-term care, either as in-home nursing care or at a residential facility.
How long does probate last?
On behalf of Law Offices of Frye & Vazquez, P.L. | Feb 25, 2021 | Estate Adminstration & Probate
We are asked this question on daily basis in my probate practice. While there is a not a clear answer, we can give you an approximation. The Florida Bar states: “It depends on the facts of each situation; some probate administrations take longer than others.
How Are Assets Distributed to Beneficiaries
On behalf of Law Offices of Frye & Vazquez, P.L. | Jan 10, 2021 | Estate Administraion & Porbate
In Florida, probate assets are those that were solely owned by the decedent, or jointly owned but lacking a provision for automatic succession, known as tenants in common.
