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Palm Beach County Estate & Probate Attorneys / Blog / Beneficiaries & Heirs / Protect Your Children With Comprehensive Estate Planning

Protect Your Children With Comprehensive Estate Planning

Estate Planning Law Firm, Palm Beach County and Martin County FL

As people live their lives accumulating what assets and wealth they can along the way, their estate plans tend to increasingly focus on providing for their children and other family members who will be the eventual beneficiaries of their legacy.

Taking a comprehensive approach to estate planning should concentrate not only on your legacy, but also on measures to protect your minor children, while you are still here.

Among the recommended actions to protect your children through your estate plan:

* Creation of a detailed, clearly-written and legally-compliant Will, reviewing and updating it regularly to address life events such as marriage, births, adoptions, deaths, divorce and any subsequent remarriage, change of your state of permanent residence, or purchase of high value assets or property

* Appointment of a guardian when the child is born and designating that same person in your Will as a protective measure, should both parents pass away while the child is still a minor

* Creation of Trusts, such as a revocable trust, to hold assets and provide for the financial needs of your children until they reach a mature age, in the event of the passing of both parents

* Creation of your Advance Healthcare Directives and designation of Powers of Attorney

* Purchase Life Insurance, to replace your income and financially provide for your children, should you pass away prematurely

* Creation of a Special Needs Plan for those with special needs children

At Kitroser Lewis & Mighdoll, our attorneys and staff offer many decades of knowledgeable experience in all aspects of Estate Planning, to help our clients develop the highly personalized plans that meet their needs at every stage of life, to protect them, their families, and their businesses. We look forward to working with you soon.

North Palm Beach Office: 561-721-0600

Jensen Beach Office: 772-763-1400

Watch Our Informative Videos: https://www.youtube.com/@kitroserassociates4808/videos

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