Let an experienced attorney guide you through your executor role
On behalf of Law Offices of Frye & Vazquez, P.L. | Jan 28, 2020 | Estate Planning
Executors of estates have many responsibilities. One of the many tasks that you’re responsible for handling is the division of assets among a decedent’s heirs. This is much more involved than it seems on the surface.
What are some misunderstandings about estate planning?
On behalf of Law Offices of Frye & Vazquez, P.L. | Jan 24, 2020 | Estate Planning
Do you ever think about what will happen to all your earthly belongings after you die? You may not dwell on it, but it is a good idea to at least give it some thought. Many people do this by creating an estate plan. However, not enough people are creating estate plans because they get caught up in misconceptions about why they should do it or when they should do it.
Why health care directives are so important
On behalf of Law Offices of Frye & Vazquez, P.L. | Dec 20, 2019 | Wills
The process of estate planning can seem overwhelming. It can be hard for a person to confront their own mortality and make tough decisions regarding how their family members and assets will be cared for once they are no longer around. However, Florida residents know that it needs to be done.
Discuss your will with your adult children
On behalf of Law Offices of Frye & Vazquez, P.L. | Nov 19, 2019 | Wills
There will come a time in your life when you should have a difficult discussion with your adult children. That discussion is about what they will do and what they will inherit when you die. No one wants to think about or talk about death, but it is an important discussion you need to have. Your adult children should know about your wishes, your will and how the estate will be divided
What are the common reasons for a delayed probate process?
On behalf of Law Offices of Frye & Vazquez, P.L. | Oct 28, 2020 | Estate Planning
At least a portion of most people’s estates need to go through the probate process at the end of their lifetime. Probate can be take time and be costly because of the court administration that is involved.
Personal representatives play an important estate planning role
On behalf of Law Offices of Frye & Vazquez, P.L. | Sep 23, 2020 | Estate Planning
One of the most important decisions Florida residents are faced with when they create an estate plan is choosing who to appoint to be their executor or trustee. Some people give the matter little thought before appointing a close friend or relative to see that their wishes are followed, but the complex nature of the duties involved merit more careful consideration. Personal representatives make important decisions, contend with strict deadlines and some of the legal and financial issues they deal with are extremely complex.
Student loans after death
On behalf of Law Offices of Frye & Vazquez, P.L. | Aug 26, 2020 | Estate Planning
As young Florida residents put together their estate plans, they may wonder what will happen to their student loans after they die. Regardless of the amount a person borrowed, it is important to understand what will happen to this debt after death.
Estate plans and chronic illness
On behalf of Law Offices of Frye & Vazquez, P.L. | July 10, 2020 | Wills
Almost 157 million people around the country will have a chronic illness by 2020. Florida residents who have a chronic illness or have a loved one who is chronically ill should make sure that their estate plans include the legal documents that directly address their age-related and health-related challenges.
Why should I plan my own funeral?
On behalf of Law Offices of Frye & Vazquez, P.L. | June 25, 2019 | Estate Planning
If you have a favorite outfit you want to be buried in, a specific phrase in mind for your headstone or you do not want to be buried at all, it is a good idea to state these wishes in your will. Like many Florida residents, you may balk at the thought of planning your own funeral. However, there are many good reasons to do so.
Right and wrong ways to avoid probate
On behalf of Law Offices of Frye & Vazquez, P.L. | May 22, 2020 | Estate Planning
We at the Law Offices of Frye & Vazquez understand why it is desirable to avoid probate if possible. The probate process in Florida can be complicated, expensive and much more public than most families would prefer. There are a number of available options to help you and your heirs avoid probate, but some are more efficient than others.