Do you ever think about what will happen to all your earthly belongings after you die? You may not dwell on it, but it is a good idea to at least give it some thought. Many people do this by creating an estate plan. However, not enough people are creating estate plans because they get caught up in misconceptions about why they should do it or when they should do it.
The internet age makes it possible to do a lot of things yourself, from trying your hand at gourmet recipes to learning how to change a tire by watching an online video. However, as we at the Law Offices of Frye & Vazquez, P.L., understand, there are some things you and other Florida residents shouldn’t attempt yourself. This includes estate planning and other legal matters, which require years of skill and knowledge.
While it's sad to say, many seniors in Florida are vulnerable to a host of frauds and scams. It can be difficult for the elderly to recognize scams on their own, especially when they're suffering from dementia or Alzheimer's. The National Council on Aging offers the following tips on how you can help your loved one resist fraudulent requests.
Floridian residents like you have a lot on your plate if you are involved in the potential establishment of a guardianship. The Law Offices of Frye & Vazquez, P.L., are here to help you through the process by explaining things in a way that is easy to digest.
Many Florida residents may know that after they die, their estate might be subject to an estate tax. However, they may not realize that sometimes their loved ones might need to pay an inheritance tax.
When you serve as your elderly parent's guardian in Florida, you usually have to help make important decisions. At some point, you may need to decide whether your parent is still capable of living alone.
Estate planning and all related matters can be a headache to handle. You have to become versed in specific terminology, understand how these terms apply to you, and know what options suit your situation best. Today, we'll take a look at a specific type of trust known as an inter vivos trust, and examine what it can do for you.