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What Not to Include When Writing a Will

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Your will is the most basic component of your estate plan, but it doesn’t cover all your primary needs. In this official legal document, you can state a lot of things about your intentions, such as who you intend to take over as the executor of your estate and who you’d like to have the […]

Does Your Child’s Special Needs Trust Need a Tune-Up? Probably.

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If you have a Special Needs Trust in Mississippi, it may be time to give it some attention. Remember how satisfying it was setting up a trust for your child with special needs? You named a trustee and a successor trustee, signed the paperwork, and paid the legal bills, and then you rested easy at […]

How Has the Pandemic Impacted Retirement?

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Major changes in the world and current events always have the potential to impact retirement plans and schedules. Research has started to emerge indicating how some workers were forced into early retirement as a result of the pandemic. At the same time, those already in retirement were not able to enjoy their normal life since […]

What Is the Difference Between Estate Planning and Elder Law?

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“When should I start planning for long-term care?”

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One of the most frequently asked questions Mississippi elder lawyers receive is, “When should we start planning for long-term care?” The short answer is, “Long before you need it!” When it comes to your home, your health, and your finances, you want to be in the driver’s seat. That is why it is so important […]

How an Irrevocable Life Insurance Trust Can Be Used to Avoid the Estate Tax

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With the federal estate tax exemption possibly about to be lowered, it may be time to think about steps you can take to keep your estate from being taxed. An irrevocable life insurance trust allows you to pass on money to your heirs while avoiding both the federal estate tax, as well as any applicable […]

Defining Testamentary Capacity

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One of the most common reasons for a will contest are claims about testamentary capacity. These are usually brought by heirs who allege that the person who created the will did not have testamentary capacity to create that document. If this challenge is successful in court, the will is deemed invalid.  Capacity is a general […]

The Three Key Groups Involved in Creating a Trust

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Trusts are a popular estate planning tool because they can help you accomplish numerous goals at once. At a very simple level a trust is a legal entity that holds your assets that are intended to benefit others. They help you control how your assets are distributed after your death and help you plan for […]

Can I Revoke My MS Will?

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As the creator of your will, you are eligible to change or revoke it at any time. You can revoke your will by creating a new will that overrides the old one, ordering someone else to cancel or destroy your will in front of you, destroying or canceling your will yourself, or creating a written […]

What You Can’t Do With a Will

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While a will is one of the most important estate planning documents you can have, there are things that it won’t cover. A will is just one part of a comprehensive estate plan. A will is a legally-binding statement directing who will receive your property at your death. It is also the way you appoint a […]

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