Many Florida residents view their pets as family. However, they may not have included their pets in a will. It is a good idea for people to include their pets in their estate plans so they are truly prepared for any situation that may arise.
On the surface, will creation may seem like a simple process. That's why many people in Florida wonder if they can't just write their own wills, thereby saving money on legal costs. While there are resources available that can help you create your own estate planning documents, doing so may end up costing your family and your estate more than just money. The Balance explains some of the reasons why you might want to think twice before writing your own will.
When you think about disputes over estate planning, it is understandable to consider the type of arguments that can occur after you are gone, if your loved ones find reasons to dispute the terms of your will. However, as we at the Law Offices of Frye & Vazquez, P.L., are aware, just the act of planning your will can be complex, and it might become contentious if you and your spouse disagree over who gets what. You and other Florida residents might want to explore ways to avoid an argument over your will planning.
Wills are useful estate planning tools that enable you to leave assets to loved ones after you're gone. These documents can be challenged in court, which is a common occurrence among many families despite the value of assets or property being dispersed. TheBalance.com explains just who is allowed to challenge a will.
Often, people think of their grandchildren when they set up an estate plan. They may want to pass down sentimental items or assets to ensure that their grandkids receive support or valued possessions in the future. For some grandparents, additional issues may arise which involve their grandchildren. For example, some are full-time caregivers for their grandkids, and they may be unsure of what their estate planning options are to make sure that their grandkids continue to receive the care they need after they pass away.
Residents in Florida who haven't dealt with estate law before are possibly feeling overwhelmed the first time they really start looking into it. The Law Offices of Frye & Vazquez, P.L., are here to help guide you through the basics first. First we'll take a look at wills, and the importance of their validity.
It might be easy to assume that once you have written your will, there is nothing further you need to do about your estate planning. However, it is important for you and other Florida residents to understand that wills should be updated periodically. The will that you wrote 10 years ago is not likely to accurately reflect your wishes or circumstances today.
At the Law Offices of Frye & Vazquez, P.L., we understand that you have a busy schedule, and you want to save time as well as money. Like many other Floridians, you tackle many issues on your own, and you are considering writing your own will. However, it is imperative to understand that many things can go wrong if you handwrite your own will.
You have decided to create your will, which is one of the most important things you will do for your loved ones. However, at the Law Offices of Frye & Vazquez, P.L., we know that the choice of whom to carry out your final wishes is also vital. You and other Florida residents should think carefully about the best person for the job.
When you own property in a different country, you may wonder if your will is valid in both Florida and the other country. It is important to understand how you may need to change your will to make sure it will be valid after your death.