What to Know About Elder Law in Florida
Martin and Palm Beach County Elder Law and Estate Planning Attorneys
The practice of Elder Law concentrates on uncovering, addressing and documenting the needs for specific legal solutions of people as they age.
While not exactly a new area of law, there is a decidedly increased focus on elder law today as our nation ages. Nearly 56 million Americans, or 17% of the nation’s population, are 65 or older. Baby Boomers in total number nearly 80 million.
These groups have vital concerns centered around issues such as Medicaid Planning, Guardianship, Long Term Care and Incapacity Planning, among others. Estate Planning completed in one’s younger years may not have addressed those concerns in a concrete, documented way.
For example, your existing Will and Trust(s) form the foundation of your comprehensive estate plan, while your individual elder law needs build upon that plan with more age-relevant planning and documentation.
In addition to the above-mentioned concerns, elder law considerations can include:
* Creation of a complete estate plan, if you do not have one already, including a Will, Trust(s), Powers of Attorney, Advance Healthcare Directives and related documents
* Complete review and updating of your existing estate plan, as necessary, to include any changes or additions to beneficiary designations
* Asset Protection measures
* Probate Avoidance Strategies
* Business Succession Planning
* Pet Trusts
* Measures to Prevent Elder Financial Exploitation and Abuse
* Domicile Planning if you have recently become a permanent Florida resident
At Kitroser Lewis & Mighdoll, our attorneys and paralegals offer many decades of compassionate, knowledgeable experience in all aspects of Elder Law and Estate Planning.
We can help you develop the plans you need to create both security and peace of mind for yourself, your family and your business. We look forward to working with you soon.
We Are Your Family’s Lawyers
North Palm Beach and Jensen Beach FL Offices
