The Special Needs Trust Fairness Act is designed to address the fact that currently, a capable person with a disability is unable to establish their own Special Needs Trust. Under current law, only parents, grandparents, a legal guardian, or the court can setup a Special Needs Trust for a disabled person. This law, in its [...]
If you are dealing with an estate that has to go through the probate process in Mississippi, your smartest move is likely going to be to work with a Clinton probate lawyer. There are cases where very simple estates will move through fairly easily, but there is still a matter of paperwork, accounting, etc. to [...]
It's that time again, a new year and new resolutions. It is important to plan for the future, to make sure that your affairs are in order. Here are some issues to think about when discussing your estate plan: Do you have an estate plan in place in the event that something happens to you [...]
The 2014 Pension Rates for Veterans were announced, bringing a 1.5% increase in pension benefits for Aid and Attendance recipients. The new payments are effective December 1, 2013, for benefits payable January of 2014. The new Aid and Attendance pension payments are as follows: Single Veteran: $1,759.00 Married Veteran: $2,085.00 Surviving Spouse of a Veteran: $1,130.00 [...]
Probate is the process of transferring title from a deceased person to their heirs. The primary purpose of Probate is to give the deceased person’s creditors the opportunity to be paid and to ensure that legal title to the assets is clearly established. If the deceased did not set up a trust, then there is [...]
One of the jobs of a Mississippi trust lawyer is to help clients choose the person who will be responsible for a trust that has been set up. The trustee has several very important jobs, and things will go smoother if he or she is aware of these responsibilities up front. Here is some good [...]
When it comes to annuities, trust lawyers in Mississippi do at times recommend these financial products for their clients…and they may be a great choice for you. This particular article is just to offer some additional food for thought on making decisions regarding whether or not annuities are wise additions to your overall estate plan. (To [...]
When you have a new baby, a visit to the estate planning lawyer isn’t usually very high on your priority list. Really, though, it should be. Estate lawyers in Hinds, Rankin and Madison County are very aware of how your needs shift with the addition of a new little one in the mix. At its [...]
Will and trust lawyers in Clinton, Flowood, Brandon, Madison and Metro Jackson Area recognize that there is no one-size-fits-all approach to estate plans. Every situation is different, and each person needs individualized attention. While there are services that offer cookie-cutter forms that will supposedly allow you to set up a decent plan, there is no [...]
Probate attorneys in Mississippi are charged with the responsibility of helping a deceased’s loved ones through the probate process. This is the court procedure that closes out a person’s estate when he or she has passed away. If the deceased did not set up a trust, then there is a very high chance that probate [...]