Major changes in the world and current events always have the potential to impact retirement plans and schedules. Research has started to emerge indicating how some workers were forced into early retirement as a result of the pandemic. At the same time, those already in retirement were not able to enjoy their normal life since […]

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!” When it comes to your home, your health, and your finances, you want to be in the driver’s seat. That is why it is so important […]

With the federal estate tax exemption possibly about to be lowered, it may be time to think about steps you can take to keep your estate from being taxed. An irrevocable life insurance trust allows you to pass on money to your heirs while avoiding both the federal estate tax, as well as any applicable […]

One of the most common reasons for a will contest are claims about testamentary capacity. These are usually brought by heirs who allege that the person who created the will did not have testamentary capacity to create that document. If this challenge is successful in court, the will is deemed invalid.  Capacity is a general […]

Trusts are a popular estate planning tool because they can help you accomplish numerous goals at once. At a very simple level a trust is a legal entity that holds your assets that are intended to benefit others. They help you control how your assets are distributed after your death and help you plan for […]

As the creator of your will, you are eligible to change or revoke it at any time. You can revoke your will by creating a new will that overrides the old one, ordering someone else to cancel or destroy your will in front of you, destroying or canceling your will yourself, or creating a written […]

While a will is one of the most important estate planning documents you can have, there are things that it won’t cover. A will is just one part of a comprehensive estate plan. A will is a legally-binding statement directing who will receive your property at your death. It is also the way you appoint a […]

Do you have questions about leaving behind unequal amounts or assets for your loved ones?  It might be simpler for the vast majority of older parents to leave the exact same inheritance or asset value to each adult child. However, equal is not always the best fit. Many more people are confronting this question in […]

The very definition of a revocable trust means that you are able to make changes to it in a few different ways. You can, for example, prepare and sign a trust amendment that is valid under your applicable state law. This makes an amendment or an update to the existing trust so if further substantial […]