Category Archives: Wealth & Legacy Protection
Prince’s Estate Continues to Be Litigated, Eight Years After His Death
Palm Beach County Florida Estate Litigation Law Firm Following Prince’s untimely 2016 death, it was discovered that he had no documented estate plan in place, not even a basic Will. Dying intestate (without a Will) meant that a court had to decide who Prince’s legal heirs were and how his assets were to be… 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 »
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 »
David Bowie to Care for Loved Ones Long After He Is Gone
David Bowie has ensured that his wife and children will be well taken care of after he is gone. Indeed, although the rock star passed away from liver cancer last Sunday, he has left behind £135 million in assets that will keep his family, and likely his family’s families, secure for generations to come…. Read More »
Florida Medicaid Planning to Preserve Your Wealth
As you grow older, you or your loved ones may require long-term nursing home services that threaten to completely drain your savings. Although Medicaid is designed to pay for these kinds of costs if financial circumstances prevent a family from being able to afford them, Medicaid will not go into effect until all your… Read More »
Planning for Long-Term Care in Florida
Most Florida residents reading this article are probably healthy enough to take care of themselves right now, but we all grow older. Sooner or later, many of us will need some help completing our daily living tasks through long-term care. Long term care might include living in a nursing home with round-the-clock nurses and… Read More »
Trusts: Getting to Know the Basics
A trust is a legal document that dictates how you want the property held inside the trust to be used. In the world of estate planning, for example, a Florida resident might provide instructions for his trust to pay out a certain amount of money to each of his or her heirs. Alternatively, the… Read More »
Who Will Inherit Bobbi Kristina Brown’s Estate?
Although she clung to life for six months through life support machines after being found unconscious in her bathtub, doctors never held much hope for Bobbi Kristina Brown’s recovery. Bobbi was Whitney Houston’s only daughter and at only 22 years of age, she passed away last Sunday. Following news of her unfortunate death, many… Read More »
Handling Suddenly Inherited Wealth
According to the Bureau of Labor Statistics, about 30 percent of households in this country will inherit wealth. The question is: how many people are prepared to manage it to its best advantage? Not only is effectively utilizing money in the day-to-day important, an estate plan for protecting it into the future is critical…. Read More »