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Articles

What is an Asset Protection Trust and Do I Need It?

No Comments Asset Protection, Blog

If you are like most people, when you hear “asset protection trust,” you think of people like Jeff Bezos or the Walton family. A common misconception is that only wealthy families and people in high-risk professions need asset protection trusts. In reality, everyone is at risk of being sued and possibly losing everything they have […]

4 Large Risks to Your Estate Without an Asset Protection Trust

Too many people falsely believe that a will is the only estate planning document you need. However, having a complete plan, which often includes an asset protection trust, can prevent many problems with your estate after your passing. The Mississippi estate planning attorneys at Morton Law Firm are committed to helping our clients understand why […]

IRA Inheritance Trust May Be Just What You Are Looking For – Or Not!

When it comes to estate planning, you have a LOT of options. There are several legal tools that can be put in place to protect your loved ones after you pass away. One valuable tool we use at the Morton Law Firm is an IRA inheritance trust. If you opened an IRA, you most likely […]

Create a Solid Plan for a Child with Disabilities

Planning for future care needs when you have a child with special needs can be stressful. Whether your child was born with a disability, experienced a traumatic brain injury, or is a veteran with mental health issues, all disabled people deserve to have their future planned out and protected. Our special needs lawyers here at […]

Elder Law Answers: Best Ways to Plan for Alzheimer’s

Receiving a diagnosis of Alzheimer’s disease or another progressive form of dementia is always devastating for everyone involved. It is never easy to wrap your head around the changes that will gradually make life more challenging for you and your family. If you have recently been diagnosed with Alzheimer’s or dementia, it is important to […]

Think Your Estate Plan is Complete? Make Sure You’re Not Missing These Important Points

Roughly two-thirds of Americans do not have an estate plan, according to a recent survey from Caring.com. If you are among the minority of US adults who have prepared a will, living trust, and other end-of-life documents, you may think that your estate plan is settled. But you might want to think again. An estate […]

Understanding General POAs vs. Limited POAs

No Comments Blog, Incapacity Planning

Mississippi Estate Lawyer: Understanding General POAs vs. Limited POAs It can be difficult to plan for the future, especially for a time when you’re not able to make certain decisions for yourself. The idea can be tough to swallow, even if you’ve experienced it with older relatives and know of the possibilities. However, planning ahead […]

Can Medicaid Take Your House?

No Comments Blog

No one wants to think of the possibility of Medicaid taking your house after you pass away, but without long-term planning, that becomes a definite possibility. One of the most frequently asked questions Mississippi elder lawyers receive is, “When should we start planning for long-term care?” The short answer is, “Long before you need it!” […]

Is the Word “Inheritance” a Dirty Word in Your Family?

No Comments Blog

In my years as an estate planning attorney, it still surprises me to hear how uncomfortable people are discussing estate planning issues. Even families who are open to discussing their financial situations get squeamish when the word “inheritance” is brought up. However, like everything in life, the more you know the better. Experience proves that […]

How To Effectively Choose a Trustee

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Do not put off finalizing or signing your estate planning documents because you’re not yet sure who you want to name as trustee. You should speak directly with an experienced and knowledgeable estate planning lawyer about the best steps to approach this. Choosing someone to manage your estate when you pass away is an important […]

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