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 [...]
In honor of Veterans Day, the attorneys at Morton Law Firm, PLLC will offer free healthcare directives the week of November 12 -16 for local heroes in the community including active and retired military personnel, veterans, police, fire and first responders. Clinton, MS (11/01/12)- To honor local heroes for their service and sacrifice this Veteran’s [...]
There are many reasons why clients here in Clinton and throughout Mississippi choose to revoke a will. Family circumstances change, financial situations change, even minds get changed. An estate planning or wills and trusts lawyer in Clinton, Mississippi can help you determine when it is appropriate to revoke a will, as well as what happens [...]
Elder care lawyers in Hinds County and surrounding areas work with families to prepare for any number of situations in the estate planning process. One circumstance which is especially relevant to elder care law is dementia. After all, Alzheimer’s and other forms of dementia are almost exclusively conditions which appear or worsen with age. Along [...]
One of the most important jobs of an estate planning attorney in Mississippi is to help parents choose the right guardian for their children. This is the person (or people) designated by you to care for your minor children if you should die before they become adults. Working with an estate attorney to choose a [...]
The person whom Jackson trust and estates attorneys have long referred to as the “executor” also has an alternative name when managing your estate. Known as the “personal representative,” this person is appointed by either the person doing the estate planning or by the courts when there was no one named in a will. When named in [...]
Jackson, Mississippi Wills and Estates Lawyer Answers, “What Happens to a Person’s Debts When They Die?” Mortgages, loans, credit cards, even medical bills…nearly every wills and estates lawyer in the Jackson, Mississippi Metro Area is asked about what happens to a person’s debt when they die. It doesn’t seem quite fair for your descendants to [...]
Yesterday the United States Supreme Court upheld the healthcare reforms commonly called "Obama Care." But, the Court did say that states should have the option to expand their Medicaid rolls without facing any penalty. A key component of the law was insuring many uninsured people by reducing the Medicaid qualification limits. Medicaid already covers over [...]
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News & Updates
If the current proposal before congress to eliminate the stretch IRA provisions from the tax code go into effect, it presents an even more compelling reason to convert traditional IRA's into Roth IRA's. While most people are reluctant to pay taxes now on a tax deferred account, the ability to pay taxes now under current [...]
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Estate Planning
The most recent proposed transportation legislation before congress has a provision that removes the ability of inheriting beneficiaries of traditional IRA's to take out the inherited funds over their lifetimes (because that has a lot to do with transportation infrastructure). The so-called Stretch IRA provisions that have been contained in tax code for close to [...]
