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?
On behalf of Law Offices of Frye & Vazquez, P.L. | Jul 6, 2017 | Estate Administration & Probate
You may hear news of disputes over wills in Miami and automatically write them off to simply being the desperate actions of jealous people who are upset about being disinherited. Yet it has been our experience here at The Law Offices of Frye & Vazquez, P.L. that the motives of those who have come to us with questions regarding the validity of a will are typically not financial. Rather, their concerns were primarily over the potential of their loved ones being taken advantage of.
On behalf of Law Offices of Frye & Vazquez, P.L. | Jun 5, 2017 | Wills
Questions often arise amongst people in Miami regarding what happens when a person dies without ever having made a will. The answer is that his or her assets and property are transferred to others according to the state’s rules regulating intestate succession. The general details of Florida’s intestate succession guidelines have been shared in this blog in the past, however many may wonder how such regulations treat what is often one’s most valuable asset: his or her home.
On behalf of Law Offices of Frye & Vazquez, P.L. | May 9, 2017 | Wills
Whenever you hear news of an estate dispute in Miami, oftentimes the central issue in such cases is the validity of one will over another. We here at The Law Offices of Frye and Vazquez, P.L. can attest to the fact that such disputes can often be avoided by you being as transparent as possible during the estate planning process. Say that you have followed the advice of estate planning experts and created a will early on in your adult life.
On behalf of Law Offices of Frye & Vazquez, P.L. | Apr 3, 2017 | Estate Tax
As the executor for the estate of a family member or friend in Miami, the one area that may cause you the most trepidation is dealing with the having to pay estate taxes. Those who come to us here at The Law Offices of Frye and Vazquez, P.L. with their tax questions typically want to know two things: First, if their loved one’s estate is even required to pay taxes. If it is, then they typically want to know how long they have to pay them.
On behalf of Law Offices of Frye & Vazquez, P.L. | Mar 10, 2017 | Estate Administration & Probate
One of the main reasons that estate planning experts in Miami recommend that you and your loved ones start addressing end-of-life issues when you are young is to avoid having your estate go to probate. Yet despite these expert recommendations, a good number of estate cases still end going through the state’s probate courts every year.
On behalf of Law Offices of Frye & Vazquez, P.L. | Feb 8, 2017 | Estate Planning
Many in Miami may joke about people wanting to do away with their wealthy parents or relatives so that they can inherent their money. Yet as difficult as it may be for some to believe, circumstances may actually arise where one who caused another’s death may attempt to claim inherited benefits.
On behalf of Law Offices of Frye & Vazquez, P.L. | Jan 9, 2017 | Estate Planning
Acting as the personal representative for an estate in Miami can be quite an awesome responsibility, and one that many have come to us here at The Law Offices of Frye and Vazquez, P.L. so seek guidance in fulfilling. If you have been asked to assume this role, one question that may be lingering in your mind is whether or not you may be compensated for the work that it demands. You may be happy to hear that Florida law does allow you to be paid for your service.
On behalf of Law Offices of Frye & Vazquez, P.L. | Dec 12, 2016 | Guardianships & Conservatorships
It may be difficult for most in Miami to comprehend losing the ability to care for themselves. However, traumatic events or the effects of age can easily place one in the position of relying on a guardian to help meet his or her basic needs. While it is often the court (rather than the ward) who chooses who a guardian may be, it is important to understand that there are several different types of guardianships, each of which is allowed different degrees of authority.
On behalf of Law Offices of Frye & Vazquez, P.L. | Jan 9, 2017 | Guardianships & Conservatorships
For residents of Miami, the thought of having their decision-making privileges taken from them may seem completely foreign. While few people may believe a legal guardianship will ever be a part of their futures, statistics seem to suggest that such cases are more common than many may believe.
