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.
What will my stepparent inherit if my parent dies?
On behalf of Law Offices of Frye & Vazquez, P.L. | April 19, 2020 | Estate Planning
One of the most confusing and potentially contentious topics when it comes to estate planning is where the assets go if one or both parents die without a will. This can be especially complex if a parent has remarried. You and other Florida residents with blended families may be interested in learning what can happen if a parent dies, leaving behind a surviving stepparent.
What are the duties of an estate administrator?
On behalf of Law Offices of Frye & Vazquez, P.L. | Mar 5, 2019 | Estate Planning
If you have recently lost a close friend or loved one, you may have been named the administrator of the estate. Although you may be going through an array of different emotions at losing a loved one, estate administrators are responsible for tying up the estate’s loose ends and ensuring the property included in the last will and testament is property distributed to the heirs to which they were intended.
Why unmarried couples need an estate plan
On behalf of Law Offices of Frye & Vazquez, P.L. | Feb 24, 2020 | Estate Planning
It may be important for unmarried couples in Florida who live together to create estate plans to ensure that they have certain rights that are granted automatically to married people. First, each person should have a health care power of attorney that authorizes the other person to make medical decisions. This reduces the likelihood of a battle with family members for this authority if one person falls ill.
Supplement a will with other important documents
On behalf of Law Offices of Frye & Vazquez, P.L. | Dec 26, 2018 | Estate Planning
Many people in Florida feel that they have a handle on their estate planning if they make out a will and name a trusted executor. However, people may want to consider a more thorough approach to an estate plan, especially if they have significant assets or want to ease the process of transferring property to their loved ones after death.
How can I choose an executor for my estate?
On behalf of Law Offices of Frye & Vazquez, P.L. | Nov 16, 2018 | Estate Planning
The executor of your estate will be responsible for many essential duties after you’re gone. From settling outstanding debts to ensuring your heirs receive your assets, the duties of an executor are often quite complex. That’s why picking the right candidate is so important, and AARP offers guidance on how you can do just that.
Estate planning as a grandchild’s caregiver
On behalf of Law Offices of Frye & Vazquez, P.L. | Oct 19, 2018 | Estate Planning
Often, people think of their grandchildren when they set up an estate plan. They may want to pass down sentimental items or assets to ensure that their grandkids receive support or valued possessions in the future. For some grandparents, additional issues may arise which involve their grandchildren.
