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August 2015 Archives

How estate planning can grant you peace of mind about health care

While most of us associate estate planning with ensuring that our assets are distributed in accordance with our exact wishes and in the manner best suited to minimize taxes, the truth is that it encompasses much more.

Consider a living trust as opposed to certain other estate planning strategies

At the Law Offices of Frye & Vazquez, P.L., there are a few strategies that we do not recommend when planning an estate. These strategies -- specifically, pay-on-death accounts, joint ownership of assets and beneficiary designations -- can expose an estate to a variety of problems, including the following:

Some estate planning considerations for out-of-state property owners

While the idea of owning more than one piece of real property may seem imprudent to the more fiscally conservative among us, the fact remains that a very large number of people own multiple properties not just in their home states but across the nation. Indeed, they may own rental property, vacation property, so-called snowbird property or family property.

Uptick in nontraditional families changes estate planning

There was a time when upon death, it was expected that the assets of the deceased would be left to their spouse or children. While some people of course do still take this course of action, as the makeup of families has changed, so too has how people disburse their assets.

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