Articles
Younger Adults Now More Likely to Have a Will, According to Survey
Mississippians, young and old are now more likely to have a Will. A new survey has found that motivated in part by the coronavirus pandemic, younger adults are now more likely to have a will than middle-aged adults. Nevertheless, the overall percentage of Americans with a will has dropped over the past several years. […]
Could Potential Beneficiaries Appeal a Will Contest or Trust Litigation Decision?
Overturning a trial court’s decision on a will or trust matter is not simple. This is largely due to the fact that in probate court judges are given wide discretions for their decisions. It can be frustrating for a beneficiary who assumed they were in the right to realize that they were not successful in […]
For What Reasons Should I Revoke My Trust?
A revocable living trust enables the creator to make changes to that trust at any point in time prior to their death. This includes revoking the trust entirely, meaning that it becomes obsolete. There are any different number of reasons why a person may wish to revoke a trust but the most common reasons for […]
How You Can End Up in Medicare’s Doughnut Hole, and How You Get Out
Many Mississippians ask if Medicare prescription drug (Part D) plans can have a coverage gap. The answer is “Yes”, it is called the “doughnut hole”–which limits how much Medicare will pay for your drugs until you pay a certain amount out of pocket. Although the gap has gotten much smaller since Medicare Part D was […]
What Documents Should Be Kept in a Place Easy for My Loved Ones to Find?
Planning ahead is a critical aspect of your comprehensive estate planning and it doesn’t stop just at the creation and signing of your documents. While creating and signing these documents is certainly a key component of ensuring that your wishes are respected and that you have answered many of the most important questions around the […]
How to Tell if a Will Was Revoked or Replaced
While you’ll create your will while you’re still alive, it will be one of your loved ones sorting through your paperwork to find it once you pass away. If you have multiple documents or it’s not easy for them to find, it’s easy to make mistakes about what the will includes or if it’s the […]
What Is the Role of a Fiduciary in My Estate?What Is the Role of a Fiduciary in My Estate?
There are many different terms associated with the administration of a trust, a will or an estate. One common example is the term fiduciary. This refers to an individual who has the legal obligation and power to act on behalf of someone else in situations that require honesty, trust and loyalty. Fiduciaries have a legal […]
Estate Planners See Increase in Requests from Clients
If the pandemic taught us anything, it’s to be prepared for the unexpected. More people than ever used this opportunity to get on top of their planning. If you went though difficult issues related to your health or experienced this with a loved one in 2020 or 2021, it’s a good time to speak with […]
If I Create a Trust in MS Do I Still Need a Power of Attorney, A Will and A Living Will?
Many different estate planning tools can be used to help you accomplish your goals and it is recommended that you sit down with a knowledgeable MS estate planning lawyer so that you have clarity over the goals you intend to accomplish and the strategies and tools that may be aligned with them. You might need […]