Law Offices of Frye & Vazquez, P.L.
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March 2014 Archives

Minimizing taxes when passing on estate to the spouse

The American Tax Relief Act of 2012 allows for the portability of an applicable exclusion amount between two spouses. In other words, the portability election allows for transference of an unused estate tax exclusion of a spouse that has died to go to the surviving spouse.

Estates of any size can be subject to probate

There are a large number of misconceptions when it comes to estate planning. Unfortunately, many of us rely upon less-than-expert advice that individuals in the media or even in our neighborhoods are willing to offer.  In the long run, it may prove much less costly to locate the correct advice.

Carrying out the probate process can prove complex

In the event of the death of a family member, many financial considerations need to be made.  This can include notifying the Social Security Administration, contacting employers, locating information regarding life and health insurance policies, obtaining death certificates and making an inventory of assets.  However, one of the first actions that a family member should take is to locate the will of the deceased individual.

What Our Clients Are Saying

  • It is difficult enough to cope with the emotional challenges of closing a parent's estate, and when you are also faced with the issue of your parents having insufficient documentation, and being remote from your siblings… - Zara L.
  • Austin Frye provided legal services to my father while alive and to his estate after his death; when showing the EP docs his firm prepared to other professionals (lawyers, financial advisors, accountants)… - Mark S
  • I've been a client of Austin Frye's for over 10 years. In that time, he's handled my estate/trust planning and asset protection as well as complicated business deals. - Leslie
  • Mr. Frye recently set up a complicated special needs trust for my son and, as usual, did a great job explaining it and in putting our minds at ease about our son's future well-being. - Dr. Howard
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  • Massachusetts Bar Association
  • The Florida Bar 1950
  • CFP
  • Florida Bar Elder Law Member
  • Academy Of Florida Elder Law Attorneys
  • Florida bar Business law Member
  • NAELA National Academy of Elder Law Attorneys, Inc.
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