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Articles

Medicaid & Special Needs Trusts

When you are making plans for the latter stages of your life and the ultimate distribution of your assets to your loved ones after your death you have to take number of things into consideration. When it comes to estate and inheritance planning per se there is the purely financial part of the equation when […]

Gift Tax & New Tax Legislation

No Comments Estate Planning

As we move forward into the new year all of the details of the new tax relief legislation are coming into clear focus. The most significant facts that are applicable to estate planning involve the exclusion amount and the rate of taxation. The estate tax was repealed throughout 2010, but under the tax code as […]

Choice Of Nursing Home Requires Research

Almost half of all Americans over the age of 65 will spend time in a nursing home at some point in their lives. When one of your family members is in need of this type of care it is necessary to do plenty of research to find the best and safest facility within your budget. […]

Estate Planning: Attorney Selection Is Key

No Comments Estate Planning

When you start to get serious about planning your estate it is very likely that you will recognize the fact that it is best accomplished with the assistance of an elder law attorney. In the same manner that a tax accountant is going to save you more money than the service is going to cost […]

Avoid Double Taxation With Legacy Trusts

No Comments Estate Planning

Most people can accept the fact that taxes are going to be levied and they simply make out the check dutifully and put the unpleasant matter behind them. But how would it feel if that tax bill kept being presented over and over again? This is the spiral that the estate tax brings with it, […]

Pet Trusts Growing in Popularity

No Comments Estate Planning

A recent article points out the beneifts of Pet Trusts.   As the article points out, unfortunatley, Mississippi is on one of the few jurisdictions around the country that does not recognize pet trusts by statute.  Nonetheless, it is possible to provide for funds for support of your pet in Mississippi through your estate plan.  […]

Durable Powers Of Attorney: The Hows & Whys

When you combine two very poignant statistics that are relevant to anyone planning for their twilight years a clear picture emerges. Firstly, people are living longer than they ever have before, and the numbers of the oldest old (people 85 years of age and older) are expanding very rapidly. And secondly, once you reach the […]

Charitable Remainder Trusts: The Benefits Of Giving

When you are planning for your golden years and the end of your life that ultimately lies in wait you will have a number of very specific objectives. For one thing you want to make sure that your assets are not eroded unduly be various forms of taxation. You are also going to need to […]

Doing A Double Take On Estate Tax Legislation

No Comments Elder Law, Estate Planning

When you hear some news that is better than it could have been your initial feeling about it often changes over time. For example, if you twisted your ankle badly while you were out jogging and went in for an x-ray you would be hoping that it wasn’t broken. If the x-rays do in fact […]

Estate Planning: When Is The Time Right?

No Comments Estate Planning

It is understandable that a lot of people wind up putting estate planning on the back burner for a number of different reasons. For one thing, you tend to put off the unpleasant things that you would rather not think about. This is an emotional choice, but even if you have no problem addressing your […]

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