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February 2020 Archives

Conservatorships may benefit physically, mentally disabled

Florida families with an adult member who is unable to take care of himself or herself may wonder if a person can be designated to handle their affairs. Conservatorships are often the perfect solution in these cases. In a conservatorship, a conservator is designated to make decisions and care for the conservatee.

Using trusts to protect assets in an estate plan

A trust protector can play an important role in keeping assets safe from threats such as lawsuits. Florida parents often use a trust protector when they create a living trust for a child and make the child the trustee. Placing assets in the trust can also protect them from a spouse. Often a sibling may be appointed as protector to step in if necessary.

Common estate planning errors to avoid

One of the biggest estate planning error a person can make is not having a will or having one that is from out of state. The latter issue could affect people in Florida if they have moved there from a different state to retire and have not updated their will. Even if the will was made in-state, it needs to be reviewed and potentially updated periodically.

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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