4 estate planning mistakes to avoid
On behalf of Law Offices of Frye & Vazquez, P.L. | Dec 12, 2020 | Estate Planning
Having an estate plan in place is highly beneficial. Proper estate planning allows you to make informed decisions about the handling of your assets and gives you the opportunity to maximize the value of your estate.
Estate planning Priorities
On behalf of Law Offices of Frye & Vazquez, P.L. | Nov 14, 2020 | Estate Planning
Though most adults in the United State do not have an estate plan, ideally everyone over the age of 18 should. According to The Motley Fool, estate planning is an opportunity to provide for loved ones and protect your own interests in the face of life’s inevitabilities.
What happens if you can’t find your mom’s will?
On behalf of Law Offices of Frye & Vazquez, P.L. | Sep 14, 2020 | Wills
Many Miami area residents have gone through the process of having a parent die. This is a stressful and emotional time for most people, and it can be a difficult process. Although a person may have taken the time to create a will sometimes a will cannot be found. There are steps an heir should take if a will is lost.
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 Some may have no documents in place, or have outdated ones with incorrect beneficiary/guardian/power of attorney designations.
What’s the benefit to having a business succession plan in place?
On behalf of Law Offices of Frye & Vazquez, P.L. | May 1, 2020 | Wills
Life is a game of chance. No one knows when their last day will be. If you own a company and something happens to you, your death could throw your business into chaos. This is why you need to have a business succession plan in place to avoid any questions as to who owns your business for when you’re no longer in the picture.
How an attorney assesses a testator’s testamentary capacity
On behalf of Law Offices of Frye & Vazquez, P.L. | Jan 14, 2021 | Wills
For a person to execute a valid will, they must demonstrate that they have testamentary capacity. An individual must be at least 18-years-old to become a testator, or person who drafts a will, here in Florida.
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.