Elder abuse by a relative is disturbingly common
On behalf of Law Offices of Frye & Vazquez, P.L. | May 31, 2018 | Trusts
You might breathe a sigh of relief knowing that your aging parents are being cared for by a family member, such as one of your siblings or one of their adult grandchildren. However, as time passes, you might notice things that make you wonder if your relative is not providing the type of care you would want for your parents. At the Law Offices of Frye & Vazquez, P.L., we believe all elderly Florida residents deserve to be treated with dignity, kindness and respect in their final years.
What challenges do my parents face as they age?
On behalf of Law Offices of Frye & Vazquez, P.L. | Apr 9, 2018 | Estate Planning
When you are coming to terms with your parents’ mortality, getting their estate affairs in order and protecting them from financial abuse are priorities. However, you and other Florida residents with aging parents may also be concerned about their emotional and physical well-being. For many, the challenges during the golden years can lead to depression and isolation. You and your relatives may play a vital role in helping your parents age with dignity and continue to feel useful and important to the family.
For what reasons can you challenge a will in Florida?
On behalf of Law Offices of Frye & Vazquez, P.L. | Mar 2, 2018 | Estate Planning
If you feel that someone’s Florida will disinherited you or insufficiently provided for you, you may be wondering if you should challenge it. The first thing you need to know is that not everyone can challenge a will. You can only do so if you are an “interested party;” i.e., a close family member who has the legal right to inherit from the decedent had (s)he died without making a will.
What does it mean to die intestate in Florida?
On behalf of Law Offices of Frye & Vazquez, P.L. | Feb 16, 2018 | Estate Planning
If you are a Florida resident who has not yet gotten around to making a Last Will and Testament, you may wish to reconsider your recalcitrance. While no one likes to think about their own death, having a will is one of the best ways for you to make sure that when you die, your property will go to those and only those to whom you wish to distribute it. If you die before you make a will, you will be considered to have died intestate and the state of Florida will decide who your heirs are and which of them gets which portion of your assets and property.
Consider a trust if disinheriting a child
On behalf of Law Offices of Frye & Vazquez, P.L. | Jan 17, 2018 | Estate Planning
If you live in Florida and are working on your estate plan, you may have concerns about leaving money or assets to one or more of your children. Parents disinherit their children for many different reasons, but regardless of your reasoning for doing so, establishing a trust may help ensure your wishes come to fruition.
What is a holographic will?
On behalf of Law Offices of Frye & Vazquez, P.L. | Dec 12, 2017 | Wills
Imagine driving home on a rainy night in Miami, and seeing a poor-looking man standing on the side of the road. You stop to assist him by taking him to nearby eatery to warm up and get some food. Before leaving, he claims to be a millionaire, and to repay your kindness, he uses a napkin to write out a will leaving his entire fortune to you. A few days later, news breaks of the death of a local business magnate who had become a recluse.
What happens if you die without a will?
On behalf of Law Offices of Frye & Vazquez, P.L. | Nov 10, 2017 | Estate Administration & Probate
If you are a Florida resident who has not yet made a will, you probably will be shocked to discover that the state of Florida has made one for you – sort of. The Florida Bar explains that if you die without having made a will, you are considered to have died intestate and your probate assets will be distributed according to Florida law.
Reviewing the validity of no contest clauses
On behalf of Law Offices of Frye & Vazquez, P.L. | Oct 31, 2017 | Wills
For those beginning the estate planning process in Miami, the ultimate goal is to create an inheritance plan that reflects their true wishes, while also being able to avoid disputes between their beneficiaries. The said reality is, however, that it is often impossible to please everyone, especially when it comes to estate matters. Thus, will contests can be a common occurrence.
What is a probate curator?
On behalf of Law Offices of Frye & Vazquez, P.L. | Sep 19, 2017 | Estate Planning & Probate
As the probate process begins for the estate of your loved one in Miami, you will likely immediately learn of the importance of a personal representative. A personal representative is the one appointed (either by your loved one in his or her will, the court, or your own nomination) to oversee the administration of the estate.
Estate tax implications for small businesses
On behalf of Law Offices of Frye & Vazquez, P.L. | Aug 8, 2017 | Estate Tax
Your entrepreneurial pursuits in Miami have hopefully yielded a significant windfall for you and your family, and provided people in the local community with jobs. Yet what happens to your business after you are gone? If you have earned significant personal assets, your estate could be subject to the federal estate tax. Many small business owners in your same position come to us here at The Law Offices of Frye and Vazquez, P.L. concerned that their having to pay the estate tax will force the sale of their companies. Should you be sharing this same concern?
