Category Archives: Protecting Children & Loved Ones
The Importance of Proper Beneficiary Designations
Estate Planning Attorneys in Palm Beach County and Martin County FL There are advantages and disadvantages to naming beneficiaries on accounts as a part of your comprehensive estate plan: As each person’s estate plan is meant to be highly individualized and comprehensive, it is of vital importance that your documented plan clearly designates beneficiaries… Read More »
Do I Need a Spendthrift Trust in My Estate Plan?
Will, Trust and Estate Planning Attorneys in Palm Beach County and Martin County FL There are many different types of trusts which can be used in a comprehensive estate plan, each with a specific purpose meant to satisfy the highly personalized needs and wishes of individual clients. Spendthrift trusts are meant to clearly define… Read More »
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… Read More »
Florida Estate Planning Checklist for 2024
Estate Planning Law Firm, Palm Beach County and Martin County FL With a new year upon us, now is the perfect time to create your personal estate plan, or to review and revise your existing plan. Major life events such as births, deaths, divorce, remarriage, adoption or change of your state of permanent residency… Read More »
Florida Elder Exploitation by Financial and Investment Firms
Martin and Palm Beach County Elder Law Firm Elder financial abuse, fraud and exploitation takes many forms and originates from many sources. Over the years, our firm has handled elder exploitation cases involving friends, family, caregivers, and supposedly trustworthy institutions such as financial and investment companies and their employees. It is estimated that losses… Read More »
Planning for Disabled Children: Living Transitions Upon Older Adults’ Death
While everyone needs to plan for the future, it becomes critical for the parents of special needs and disabled children. MITCHELL KITROSER, ESQ. One of the most challenging aspects of my law practice concerns the need for parents of disabled and special needs children to plan ahead, not just beyond their own life expectancies,… Read More »
Estate Planning for Women
ESTATE PLANNING FOR WOMEN IN PALM BEACH COUNTY Interesting article at the link, which describes the need for women – especially older women – to empower themselves with “financial fluency”. Whether you are single, married, divorced or widowed, women have unique financial & Estate Planning needs. At Kitroser Lewis & Mighdoll, we recognize those… Read More »
Things to Consider When Naming a Trustee
Things to Consider When Naming a Trustee How to protect your best interests and trust the right person to carry out your wishes Estate planning is one of the most important ways that you can plan for the future and ensure that your assets are protected and utilized according to your specific wishes. In… Read More »
Don’t Send Your Child to College Without an Estate Plan
Don’t Send Your Child to College Without an Estate Plan Sending a child off to college brings with it a host of emotions and a very long to-do list, from making that first tuition payment to setting up a bank account and purchasing dorm bedding. Before you pack up the laptop and the other… Read More »
Even Low Income Individuals Need an Estate Plan
It doesn’t matter who you are, you can make life immensely easier for your relatives if you take a few simple actions now to set up an estate plan. Even if you have a small net worth or a net worth that’s in the negative, estate planning can benefit you and your family. Indeed,… Read More »