For those who don’t know, Mississippi recently modernized its archaic trust code by adopting the Mississippi Uniform Trust Code. The Uniform Trust Code is a national codification of the law of trusts, and its adoption in Mississippi is welcome. Why is this a step forward? It’s because there were several items in our old trust […]

We’re pleased to announce that we have scheduled a boot camp for professional advisors on August 14 and 15. Officially known as the “Trusts, Estates, and Elder Law Bootcamp for Advisors,” this event is where we offer continuing education for CFPs (certified financial planners), CPAs (certified public accountants), and insurance advisors. We give them great information […]

We’ve launched an iPhone app for our clients and advisors.  Check it out on your iPhone or Android today!  You can access them here. While we were at it, we also made it available to our colleagues around the country, to customize for their own jurisdictions..  Our web site for this new venture is located […]

As we mentioned a short while ago, there are some very particular federal and state Medicaid requirements to meet if you want to receive Medicaid benefits. First, you need to be a resident of Mississippi and a US national, citizen, permanent resident, or legal alien. Second, you need to be at least one of the […]

In our last blog, we provided a few tips for finding the right in-home care provider for your loved one. One thing we didn’t discuss was hiring a family member as an in-home care provider. There’s a misconception out there that you’re not allowed to use a family member, but in reality, you may be able […]

It’s always tough to see a parent or loved one who has suffered a debilitating injury or who’s starting to need in-home care with every day activities. Whether the issue is physical, mental or both, it’s clear your loved one would really benefit from the assistance of a professional. There’s never going to be an easy time […]

Veterans have done a great service for our country, which is why they deserve to receive health benefits after serving. It’s important to understand eligibility requirements to ensure that you’re not missing out on the benefits you deserve. The Rules for Veterans’ Benefits Here are the rules. You’re considered a veteran and eligible for benefits […]

The 2014 numbers for Medicaid Qualification for the Aged, Blind and Disabled Residing in Nursing Homes or Participating in Home and Community Based Services Waivers in Mississippi are: Income Cap:  $2,163 Asset Cap:      $4,000 Community Spouse Resource Allowance (CSRA):  $117,240 Monthly Maintenance Needs Allowance:  $2,931

Child-free individuals and couples often face choices, decisions, and questions, which you are uniquely qualified to address.  Like many allied financial professionals, you may focus on helping clients pass the maximum amount of wealth to their beloved children. Along with buying a house and doing better than your parents, handing down your accumulated wealth to […]

When Elizabeth received the call from her brother telling her that he had just placed their mother, Gertrude, into a Mississippi nursing home, she took the first available flight to Jackson. Elizabeth was her mother’s durable power of attorney for financial decisions and knew there were a number of things she needed to do to […]