On behalf of Law Offices of Frye, Fortich & Garcia, P.L. | August 15, 2022 | Trusts
A trust is popular estate planning tool that families can use to create a financial legacy for years to come. You know your family best, and a trust can help you customize how you provide for your family, both during your lifetime and after your death.
On behalf of Law Offices of Frye, Fortich & Garcia, P.L. | July 25, 2022 | Estate Planning
You’re not alone; many Florida residents tend to put off their estate planning. It may be an uncomfortable decision for some, or others could be too busy with their lives to bother. For most of us, it’s easier just to say we’ll do it later.
On behalf of Law Offices of Frye, Fortich & Garcia, P.L. | June 27, 2022 | Estate Planning
Florida law treats adopted children and stepchildren differently for the purposes of inheritance. Legally adopted children are treated the same as children born to their parents and are considered lineal descendants of their adoptive parents and grandparents.
On behalf of Law Offices of Frye, Fortich & Garcia, P.L. | June 1, 2022 | Estate Planning
Most gifts are not subject to federal income tax and do not need to be reported to the Internal Revenue Service as income. For instance, you can give a gift to your wife or make a philanthropic donation to a charity without their being subject to the gift tax. (In fact, charitable donations are often tax-deductible.)
On behalf of Law Offices of Frye, Fortich & Garcia, P.L. | May 18, 2022 | Estate Planning
If you have a high school senior in your home, you know things are about to change. Most parents are so used to being able to make financial decisions for their child, access their child’s physician or health records that they don’t even think about how that changes once the child turns 18. You’ll want to be designated as your child’s agent
On behalf of Law Offices of Frye & Vazquez, P.L. | May 12, 2022 | Asset Protection
Austin A. Frye was interviewed for a MarketWatch article discussing the value of cohabitation agreements for unmarried partners. Read the full article here.
On behalf of Law Offices of Frye & Vazquez, P.L. | April 25, 2022 | Trusts
Being asked to serve as trustee of a trust account created by a family member, friend, or colleague may be a daunting task. As we can attest to, the relationship between trustees and beneficiaries can be a tenuous one.
On behalf of Law Offices of Frye & Vazquez, P.L. | April 8, 2022 | Estate Planning
There are many Florida residents who may think that estate planning is a task for “older” people to take care of. However, this couldn’t be further from the truth. In reality, everyone – young, old, married, single, rich, poor, and everyone in between – would benefit from having an estate plan in place, and yes, young couples, in particular.
On behalf of Law Offices of Frye & Vazquez, P.L. | March 8, 2022 | Estate Planning
It’s tax season. The time of the year when you generally have all your important financial statements in one place. This is a good time to review your estate plan to make sure you are headed in the right direction, or to implement one if you haven’t yet.
On behalf of Law Offices of Frye & Vazquez, P.L. | February 2, 2022 | Estate Planning
Whether you drew up a will recently or years ago, keep in mind it’s generally not something you can set and forget.
