Did you now that a Reciprocal Will is sometimes called an “I Love You Will”? This is because each spouse creates a Will that leave everything to the other spouse upon death. If you have an “I Love You Will”, you should know the truth about your Will and what it does and doesn’t do. […]

If you haven’t created a Last Will and Testament or another estate document such as a Living Trust, to settle your affairs, you should be aware of what will happen to your estate when you pass away. The good news is that, if you have not done a will for yourself, the state of Mississippi […]

When creating an estate plan, it is important to consider all of your options. If you are married, you may want to think about an A/B Trust. This Trust will divide your assets into two shares – the “A” share and the “B” share, at the first of you or your spouse to die. Doing […]

If you believe a loved one has passed away and left behind an invalid Last Will and Testament, you may be able to issue a challenge to that document. You can, however, only issue a challenge if you are an heir-at-law or if you were a previous beneficiary, but have been removed from the current […]

In 1999-2001 around thirty percent of nursing homes had faced at least one claim of elder abuse. Elder abuse is any act of neglect or physical, verbal, or financial abuse against an elderly person. This abuse may occur in a skilled nursing facility or even at home. What to Look For If you have an […]

Leaving an inheritance for your family is a great way to ensure they will be financially secure after you pass away. If, however, your net worth is high and your estate will owe taxes, your family’s inheritance may be affected. In 2011, the federal estate tax rate is expected to be 55% for all assets […]

If you or another family member has ever endured probate, you know that this court-supervised process can take a great deal of time and money. For a couple of extreme examples, I am currently involved in two probates that have both been open for over 5 years, and are only just now getting closed. While […]

In the estate planning process you will probably cover the basics of estate planning: naming an executor, stating your final wishes and identifying beneficiaries to receive your estate. For some people, though, a basic estate plan is not enough. What if you want to leave more? Through legacy planning you can leave a financial heritage […]

With a high divorce rate, blended families are a norm in American society. Such families include a variety of dynamics: step-children, half-siblings, unmarried couples with children and more. A basic estate plan may be enough to cover your blended family, but there are many advantages of advanced estate planning that may suit your family situation […]

If you have a loved one with special needs, he or she is probably not far from your thoughts. Worrying about how such a family member will be cared for after you have passed away can be difficult. During the estate planning process, you can create a special needs plan for your loved one that […]