As part of last week’s tax compromise Congress approved to avoid tumbling down the “fiscal cliff,” the amount that is exempted from estate taxes will remain the same as it has been for the past two years, although the maximum tax rate will rise by 5 percentage points. The American Taxpayer Relief Act, which passed […]

The final budget deal Congress passed to avert the “fiscal cliff” repeals a long-term care insurance program that would have helped keep the elderly and disabled out of nursing homes and off the Medicaid rolls.  In its place, the budget bill establishes a commission to come up with an alternative plan to make long-term care […]

One of the many documents a trust attorney in the Jackson area will encourage clients to put together is a living will.  These documents have been considered incredibly important in both the legal and medical fields for 40+ years.  In Mississippi these documents are now called Advanced Healthcare Directives.  A living will or advance directive […]

If you’ve already met with your Clinton estate planning attorney to put together your wills, trusts, powers of attorney, and other long-term plans, then congratulations!  You’ve taken a really important step toward being prepared for the future and making things easier on your family and friends should you pass away or become unable to make […]

Once you’ve gone through your estate planning in Canton, Mississippi you’ve likely become aware of just what valuables you have.  In many cases, such as jewelry, you may want to keep them in your home so you can have access to them whenever you would like.  In other cases, though, it makes sense to secure […]

If you already have children or are making plans to grow your family, it makes sense to consider a 529 plan.  These are plans which are set up before your kids even head out to college, allowing you to put money aside for tuition so it will be there when you need it. There are a […]

Estate planning, with or without a lawyer, can be a little overwhelming.  For an estate planning attorney in Clinton, there are plenty of questions which come up again and again.  Take a look at the list below, and maybe you’ll get some of yours answered: Do I really need an estate plan if I don’t […]

It’s not unusual for legislation to affect the realm of estate planning. From tax implications to guardianship of children, an estate planning attorney has to keep up with the ever-changing legal landscape.  This is certainly true when it comes to estate planning for unmarried couples in Mississippi.  These may be same-sex couples, or unmarried heterosexual […]

When it’s time to start your estate planning process (that time is right now, by the way), entrepreneurs need to remember to take their small businesses into consideration.  Whether you own the entire business outright and work for yourself or you simply own a portion of the entity, you will need to leave instructions for […]

As everyone knows, the election is finally over! After almost $6 Billion in combined advertising in House, Senate, and the Presidential races by the candidates, the parties, and independent groups, little has actually changed in Washington. President Obama has been reelected. The electoral vote was 332 to 206.  The popular vote was 50% for President […]