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September 2019 Archives

What is a charitable trust?

Florida residents like you who have decided you want to leave some or all of your assets to charity will need to learn more about the means by which you can do so. We at the Law Offices of Frye & Vazquez, P.L., are here today to discuss exactly that.

How do you donate your body to science?

You may have already created a detailed estate plan that indicates what you want to happen to your assets and your property after your death, but have you thought about what will happen to your body? A whole-body donation in Florida is a generous final gift that you can give to help promote the advancement of science, the instruction of medical students and the study of disease. 

Tips for using a special needs trust

One way to provide support for a person with special needs is by creating a special needs trust. Receiving funds from this kind of trust does not work against a person with special needs when applying for government benefits. This works by getting an exemption for the trust. Florida residents might like to know more about using a special needs trust.

Personal representatives play an important estate planning role

One of the most important decisions Florida residents are faced with when they create an estate plan is choosing who to appoint to be their executor or trustee. Some people give the matter little thought before appointing a close friend or relative to see that their wishes are followed, but the complex nature of the duties involved merit more careful consideration. Personal representatives make important decisions, contend with strict deadlines and some of the legal and financial issues they deal with are extremely complex.

What is a charitable trust?

As a Florida resident who is figuring out how you want your estate distributed, you may also be looking into the possibility of setting up trusts. Today, the Law Offices of Frye & Vazquez, P.L., will discuss the option of setting up a charitable trust.

What are the requirements for a valid will?

As someone considering how to pass on your assets, it is important to know that certain types of wills are not considered valid in the state of Florida. Today, we will take a look at the steps that you must take in order to ensure that your will is considered valid in the eyes of the law.

Estate planning tips for couples without children

Many couples in Florida and other states are opting not to have children. In addition to simply not wanting to be parents, couples have concerns about global instability, their parenting skills and their finances. But just because a couple decides not to have children, this does not mean that they should not think about estate planning.

Why estate planning makes sense for young adults

People often view the preparation of wills or trusts as something that older estate owners in Florida need to do. While this is true, everyone should consider estate planning as soon as they reach adult age. Even if a young person does not have any assets, official documents that name agents to handle financial affairs and address health care decisions might spare relatives from the delay and expense of petitioning a probate court.

A look at the legality of holographic wills

Florida state residents have several options when they are looking into creating a will. However, it should be done with care, because even one mistake could potentially invalidate it. In fact, some types of wills are completely invalid even if done correctly, such as a holographic will.

Wills have executors, trusts have trustees

When a loved one passes away, people in Florida who have been named as executors will often have a lot of questions. Typically, a person will name an executor with a provision in his or her will. In cases where the estate is to be distributed primarily by means of a trust, the person responsible for overseeing the distribution will be named in the trust as the trustee. Either way, the person named has financial duties to the estate and the heirs or beneficiaries.

Planning your estate for your unique assets

In a recent article about Florida timeshares and estate planning, we looked at one of the most commonly contentious assets in the probate courts. We believe that a practical and well-maintained estate plan has the power to turn these types of potential problems into assets that distribute seamlessly to your beneficiaries.

Passing a timeshare to your heirs

Timeshares are often an excellent way to maintain vacation homes for a fraction of the price of purchasing or leasing a condo. However, many people in Florida have discovered that these properties are sometimes difficult to sell when no longer necessary.

Putting wills, trusts together

When making estate planning decisions, many people might wonder whether a will or trust is better. However, these are different tools for estate planning and are often needed together to ensure one's wishes are met after passing away. Florida residents might like to know more about using wills and trusts when estate planning.

What Our Clients Are Saying

  • I have known and worked with Austin Frye and his team since 2008. In that time he has helped serve both my business and personal legal planning needs. From guidance on reviewing and keeping shareholder and state documentation up to date... - Robert
  • 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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